10 RS TRAVELLERS CHEQUE – UNITED COMMERCIAL BANK

A traveller’s cheque is a medium of exchange that can be used in place of the currency of a country. Each cheque is denominated in a preprinted fixed, round, amount of one of a number of major world currencies…

Traveller’s cheques were widely used from the 1850s to the 1990s by people travelling in foreign countries instead of cash, mainly before the introduction of  payment cards and later electronic methods of payment…