![Traveller's cheque Traveller's cheque](https://s.yimg.com/fz/api/res/1.2/EZ3Stss9Av2GpYnbOMv91w--~C/YXBwaWQ9c3JjaGRkO2ZpPWZpdDtoPTEzMDtxPTgwO3c9MTIy/https://s.yimg.com/zb/imgv1/d57da70c-6159-3b42-b98b-67b11726f342/t_500x300)
Traveller's cheque
Form of cheque in various fixed denominations of a certain currency, which can be bought at financial institutions and be cashed worldwide, while it is fully insured against loss or theft
A traveller's cheque 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. They were generally used by people on holiday in forei... Wikipedia