What does it mean to endorse money on a passport?

Asked Jul 1, 2014· 1 answer
Faisal KhanAnswered Jul 1, 2014
There are two known uses case I know of:

  1. Tying the serial numbers and value of traveller cheques to the passport (for purposes of safety/verification)
  2. 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).
Currency Controls
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