Want this question answered?
Can I use Thomas cook travellers cheques in the Gambia
Banks issue/offer travelers cheques that carry the MasterCard brand.
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.
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.
Travellers cheques do not expire. They are good indefinitely and can be used months or years later when you travel again.
They are cheques purchased for travelling abroad which can be spent like money in many places around the world. However, if lost or stolen they can be replaced by the company which issued them, unlike money.
No.
Yes any bank will exchange for you and you get a good rate as well.
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.
When traveling to Accra, Gahna, it is wise to carry travelers cheques with you. There are several places to cash them, such as hotels and banks and bureas that have the Forex system available.
Travellers Cheques in PKR can be used outside Pakistan as these are available for travel purposes whether inside or outside the issuing country.
pretty easy because there is a lot of banks there