TC stands for various terms. Discover the full forms, meanings, and possible interpretations of TC across different fields and industries.
Travellers' Cheques, often abbreviated as TC, represent a secure and convenient method for carrying funds while traveling, eliminating the need to carry large amounts of cash. They are pre-printed, fixed-amount cheques designed to allow the person signing them to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.
In the business context, Travellers' Cheques are valued for their safety features, including the requirement of the purchaser's signature at the time of issuance and again when cashing the cheque, which significantly reduces the risk of theft or loss. They are widely accepted around the world, making them a preferred choice for business travelers who require a reliable and universally recognized form of payment.
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