Financial Instrument

Traveller’s Check vs Cashier's Check

Traveller’s Check vs Cashier's Check
Traveler’s check is a pre-printed note that has a number printed on it. This paper can be used to replace hard currency and is often used when traveling abroad. A cashier’s check is check in which the money is...

Travellers Check vs Personal Check

Travellers Check vs Personal Check
Travelers check are pre-paid pieces of paper that come printed with all the information that is required by the issuer.Personal checks are pieces of paper that are issued by banks that allow the money to be...

Travellers Check vs Travel Card

Travellers Check vs Travel Card
Travelers check are pre-paid pieces of paper that have currency stamped on them. These currencies were in numbers such as 20, 50, 100, etc. and can be used as a normal currency. Prepaid Forex Card work as...

Term Deposit vs Fixed Deposit

Term Deposit vs Fixed Deposit
A fixed deposit, also known as a term deposit, is a financial instrument provided by the banks, which offer a higher rate of interest than a regular savings account.

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