Transaction with Cheques
A Cheque is a security - an order of a certain legal form to unconditionally pay out the sum specified therein. Cheques are convenient since they can be used instead of cash when settling for services and goods or receiving payments from other persons. Any natural and legal person shall have the right to acquire and collect cheques in Swedbank irrespective of whether or not he/she is a customer of Swedbank.
Traveller's Cheques - are convenient payment instruments when travelling. Practically in all countries of the world these cheques can be encashed in ATMs or used to settle for goods and services. Traveller's cheques facilitate preventing losses and difficulties in case they are stolen from you or lost.
Bank Cheques - are convenient and reliable payment instruments aimed at settling with foreign partners or transferring money to a person staying in a foreign country.