A Traveler's Cheque is issued by a financial institution that can be used as a medium of exchange in place of hard currency. Traveler's Cheque are often used by individuals who are traveling on vacation to foreign countries. Traveler's cheque provide a safe way to carry currency.
Traveler's Cheque is issued in variety of monetary denominations such as the US Dollar, Euro, Japanese Yen, Canadian Dollar, Australian Dollar and British Pound.
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