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Traveler Cheque Meaning

The travelers cheque is an exchange medium that can be used as a substitute for the hard currency. A piece of paper that you buy from a bank or a travel company and that you can use as money or exchange for the local money of the country you visit 2.

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N a cheque in any of various denominations sold for use abroad by a bank etc to the bearer who signs it on purchase and can cash it by signing it again.

Traveler cheque meaning. Countable noun usually plural travellers cheques are cheques that you could buy in the past at a bank and take with you when you travelled for example so that you could exchange them for the currency of the country that you were in. Travellers cheques synonyms travellers cheques pronunciation travellers cheques translation english dictionary definition of travellers cheques. The product typically is used by people on vacation in foreign countries.

Us spelling of travellers cheque 2. A check that you buy from a bank or other company and that can be used as money or exchanged for the local money of a country 3. A travelers check is a medium of exchange utilized as an alternative to hard currency.

And use as money or exchange for the. As the name suggests these cheques are issued to the individuals who travel on vacatio the travelers cheque is an exchange medium that can be used as a substitute to the hard currency. A piece of paper with a particular value printed on it that you buy from a bank etc.

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