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They may be called a touring company or a troupe.
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travellers cheques do not have to be cleared, this only applies to regular cheques. travellers cheques are bought up front from a bank, so it is guaranteed cash to the person you are dealing with. If you should lose them or are stolen, the cheques are insured, so you will get your money back in a reasonable amount of time.
Can I use Thomas cook travellers cheques in the Gambia
No. You can get them only from banks that are authorized to issue travelers Cheques. Also, these Cheques are issued to an individual and the bank records this information. Only the same individual can cash it and the cheque cannot be cashed by anyone else.
Travellers cheques do not expire. They are good indefinitely and can be used months or years later when you travel again.
You use cheques as a a substitute for cash when you don't have enough cash in hand. You can use cheques at banks, shops etc. Cheques are negotiable instruments that can be treated at par with cash.
By usin cheques,it can be a cross cheques or open cheques
AmEx Traveler's Ceques may be cashed at most larger hotels, some restaurants, and all international banks, especially branches of AmEx.
Travellers cheques may be preordered from one's bank or, if the branch is large, can be purchased on the day they are wanted. Additionally many travel agencies, post offices and foreign currency outlets will have them available.
No.
Yes any bank will exchange for you and you get a good rate as well.
Yes, cheques are included in cash flow statements. Currency and coins are counted as well when balancing accounts receivable.
Travellers Cheques in PKR can be used outside Pakistan as these are available for travel purposes whether inside or outside the issuing country.