1. A letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer
   - traveler's check [US], traveller's check [US], banker's check [US], banker's cheque [Brit, Cdn]

Derived forms: traveller's cheques

Type of: traveler's letter of credit [US], traveller's letter of credit [Brit, Cdn]

Encyclopedia: Traveller's cheque

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