Currency notes are promissory notes payable to the bearer on demand.section 31 of RBI ACT provides that no one other than RBI or Central Govt. Can issue a promissory note or bill of exchange payable to bearer on demand...hence no cheque works just as a currency note.
traveler's check is a preprinted, fixed-amount cheque 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 vacation instead of cash as many businesses used to accept traveller's cheques as currency. Their use has been in decline since the 1990s as alternatives, such as credit cards, debit cards, and automated teller machines became more widely available and were easier and more convenient for travelers.
There are individuals and companies who specialize in online currency trading. Currency is just like any other commodity such as, sugar, wheat, corn, oil, textiles, silver, etc.
The look of a bank cheque varies depending on the bank. Most banks will have an official seal so that people will know it is valid.
Well the German currency used to be the Deutsch Mark but like many other European nations has changed over to the Euro somewhere in 2006 I think. Just google image "Euro currency" and you should find some recent pictures.
YES - If the cheque issuer has countersigned after the name alteration NO - If the cheque issuer has not counter signed after the name alteration Any modification in a negotiable instrument like a cheque has to be attested/countersigned by the issuer
If your own account is in Euros and you have a cheque book for Euros, then yes you can. If it is any other currency that you are working from you will need to get something like a bank draft. You bank will tell you if you are not sure.
Kroner is just the plural form of a currency like "dollars" or "pounds" or "pesos". So, "Do you have any kroner?" works just like "Do you have any dollars?"
traveler's check is a preprinted, fixed-amount cheque 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 vacation instead of cash as many businesses used to accept traveller's cheques as currency. Their use has been in decline since the 1990s as alternatives, such as credit cards, debit cards, and automated teller machines became more widely available and were easier and more convenient for travelers.
The currency is the Euro just like the rest of Spain, Catalonia is not an independent state...yet
Just like now, there were many different currencies around the world in 1869, not just one.
You must be 18 years old to hold and use a cheque book independently.
Dollar, USD, just like the other US cities
Dollar Bills, just like America uses now.
There are individuals and companies who specialize in online currency trading. Currency is just like any other commodity such as, sugar, wheat, corn, oil, textiles, silver, etc.
The look of a bank cheque varies depending on the bank. Most banks will have an official seal so that people will know it is valid.
Currencies are bought and sold on the open market - just like other commodities. The more popular a currency is - the higher the selling price will be.
British currency is pounds (£) and pence (p) with 100 pence in a pound, it can be added, subtracted, multiplied or divided just like any other currency or decimal number