USPS Sales & Services Associate Practice Exam

Question: 1 / 400

What percent of a travelers check must be spent when using it for a purchase?

30%

50%

When using a traveler's check for a purchase, it is required that the entire face value of the check must be used in the transaction. This means that if you present a traveler's check, you must spend 100% of its value in that purchase.

In many cases, businesses that accept traveler's checks may not be able to give cash back or allow any portion of the check to remain unspent, making the entire value of the check necessary to complete the transaction. This practice is in place to ensure proper accounting and security for both the issuer and the user of the traveler's check.

Understanding this requirement is crucial for anyone traveling or needing to use traveler's checks as it impacts how they manage their funds while making purchases.

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70%

100%

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