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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.
What else can I help you with?
What is best travellers checks to take euro or sterling?
depends where you are going. If the UK then sterling but if eurozone then euros! Euro travellers cheques are not easy to use though - have to exchange at banks who charge lots.
How long does a overseas check take to clear?
In the UK, cheques from other UK banks take up to 7 days to clear. The main problem with cheques is that they have to be physically sent to a clearing house where all the banks get together and swap their cheques. in the uk this is in london so a cheque put into your local branch in say, glasgow, will be sent by post to london, picked up by the issuing bank and returned to their main office so it can be processed.
Does Amazon take cheques?
No.
How long does it take to clear a check of 3000?
How long does it take to clear a change of amount of three thousand dollars.
How long do it take for pid discharge to clear?
It will take, on average, about 2 weeks for the discharge to clear after treatment.
How long does it take for a crossed postal order to clear?
They clear straight away.
How long does it take for western union speedpay to clear your checking account?
how long does it take a western union speed pay by check take to clear bank account of payor
How long would it take to clear customs at Christchurch airport?
how long to clear customs at christchurch international airport
What are unpresented cheques?
Unpresented cheques are cheques that were issued to a person but they were never deposited by that person for encashment with his bank. It was never paid. For ex: let's say you owe me Rs. 10000/- and you gave me a cheque for the same last month. If I just fold it and keep it in my purse instead of depositing it in my bank account, it will stay in my wallet for as long as I don't take it out. Then it would become an unpresented cheque.
How long does it take for an out of state check to clear?
about a week
How long does it take to clear marijuana from body?
your anidiot
How long does it take a cashier's check to clear?
immediately
