Cash traveler's checks: customers can pay at the bank with their identity documents and traveler's checks. If the equivalent value is less than $5,000 to 10000, you must also provide the purchase contract or purchase invoice, and fill in the payment reason form, and the bank will directly handle the payment. If the equivalent amount is more than USD 65,438+00,000 (inclusive), the customer needs to go through the collection procedures, and the bank will collect it from the traveler's check issuing institution, and notify the customer to withdraw it after receiving it.
Cashing a check is cashing a check. Whether you receive a customer's check (which can be made payable) or a check drawn by your company, you can provide cashing service, which can reduce costs and taxes for enterprises and realize short, flat and fast turnover benefits.
How to cash a traveler's check: The cashing bank will sign in the lower left corner in front of the payee of the check and ensure that the signature is consistent with the signature in the upper left corner of the traveler's check before receiving it.