Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).
Economic Organizations & AlliancesGlobal Financial & Trade Institutions (IMF, World Bank, WTO, ADB)
Name the bank which started issuing travellers cheques for the first time in 1891?
- A.Bank of America
- B.Barclays Bank
- C.HSBC
- D.American ExpressCorrect answer
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Practice these MCQs in the appQuick fact: American Express was the first bank to issue travellers cheques, introducing them in 1891.