TeachMeFinance.com - explain International check
International check -- A check drawn in one country and
payable in any other country where the drawer has a correspondent.
Such checks are sold by foreign exchange houses.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.