Answer:
Traveler's checks are treated the same as cashier's checks when deposited to a new account. The same requirements (and exceptions) apply.
First published on BankersOnline.com 05/3/04
Holds on Traveler's Checks
Answered by:
Question:
Can you put a hold on traveler's checks (cheques)? If not, are there any exceptions for depositing them to new accounts?
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