traveller's letter of credit

Thesaurus

Noun

1.

traveller's letter of credit - a letter of credit given to a traveler traveler's letter of credit letter of credit - a document issued by a bank that guarantees the payment of a customer's draft; substitutes the bank's credit for the customer's credit banker's check, traveler's check, traveller's check - a letter of credit issued by a bank or express company that is payable on presentation to any correspondent of the issuer