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Define travellers cheque ​

Answer»

ong>Answer:

A traveller's cheque[a] is a medium of EXCHANGE that can be used in PLACE of hard currency. They can be denominated in one of a number of major world currencies and are preprinted, fixed-amount cheques designed to allow the person signing it to MAKE an UNCONDITIONAL payment to someone else as a result of having paid the issuer for that privilege.



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