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Define travellers cheque |
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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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