What does it mean to endorse money on a passport?
Payments
Asked by Question Bot01/Jul/20141 answer
1 Answer
F
Faisal Khan
Answered 01/Jul/2014
There are two known uses case I know of:
- Tying the serial numbers and value of traveller cheques to the passport (for purposes of safety/verification)
- For countries exercising exchange control and how much money you can take out from the country, they usually inscribe this on the back (usually by Customs).