At the time of purchasing the TC, the customer will be required to present his/her passport with the valid VISA along with confirmed ticket only duly endorsed.

The customer will be required to provide complete information, which will include his complete name and address in addition to his signatures on the prescribed purchase slip of KKI

A copy of the purchase record/ sales slip bearing number the complete TC details in addition to the details of the purchase will be sent to the issuing bank along with remittance.

All customers will be required to sign the TC in the upper left hand corner/specified space at the time of issuance of the TC in the presence of an authorized officer of KKI.

The customer will be required to produce certain documents to verify the genuineness ands authencity of the customer. These documents will be necessary for the issuance of TC by KKI to its customers. These documents will include photocopies of passport pages showing the endorsed valid VISA and photocopies of the ticket pages showing departure and arriving time and date stating the various stop locations.

Particulars of the transaction will be entered in the KKI software.

A formal receipt of the transaction will be issued to the customer, which will be computerized.

The proceeds of the TC sold by KKI will be remitted within the agreed time between KKI and the principal banker.

In case when TC purchased amount exceeding US $ 10, 000/-, special caution will be exercised. KKI would be requiring details about the source of funds.

No blank TC will be issued

An authorized officer of KKI will be responsible to conduct occasional physical checking of the stock of TCs on hand

The customer will be required to fill in a specified form if he/she wants to encash a TC.

At the time of encashment, KKI would be requiring the customer to counter sign in the presence of the officer of KKI encashing the TC.

In case of already counter signed TC, the customer will be required to counter sign at the back of each TC in the presence of the KKI officer encashing the TC.

The encashing officer of KKI will compare the counter signature with the original in order to verify the authencity of the purchase.

In addition to follow the above the procedure for encashment, KKI would also be requiring a copy of the purchase record along with copies of identification from the customer irrespective of the amount.

KKI would also be obtaining approval codes from the issue bank of the TCs in order to determine the status of these TCs and to safe guard KKI and the issuing bank of TCs.