The terms Fiscal Year and Financial Year are synonymous, i.e. meaning the same thing. They are a period that governments use for accounting and budget purposes. However, they are also the duration on which tax...

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...

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...

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...

Commercial banks cater to the general public and provide services such as accepting deposits, providing loans and other basic investment products. Investment banks are financial institutions that assist...