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What is a "Travellers' cheque"? What is the validity period for a Travellers' Cheque?

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تم إضافة السؤال من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
تاريخ النشر: 2015/01/12
Tanveer Qureshi
من قبل Tanveer Qureshi , Director , Qureshi Associates

It is a type of cheque which issues to those persons who travel abroad. These are undated cheques, when traveller put date on it , the traveller cheque become valid.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Cheques issued by a bank and function as cash but are protected against loss or theft when travelling. Travellers' Cheques are usually undated at the time of issuing and the purchaser once put the date, it becomes valid as if in the case of an ordinary cheque.  The risk of carrying cash  can be avoided while travelling abroad but serves the purpose of carrying cash for regular purposes. 

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

THANKS FOR INVITATION  

I AGREE WITH ALL ANSWERS 

waeil osman EL sharif
من قبل waeil osman EL sharif , Business Coach & Relationship Manager -Corporate Banking , Sudanese Egyptian Bank

Agreed with all answer

Salah Othman Yousef Alshambaati
من قبل Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

Agreed with the answer VENKITARAMAN

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Very good answer Mr Venkitaraman