Traveller's Cheque

Traveller's cheque is a preprinted, fixed-amount cheque which functions almost like cash but is replaceable if damaged or lost. It is a secure method of using cash while travelling. Traveller's cheque is valid without expiry date and can be bought from issuer, the organisation that produces it; and the agent, the bank or other place that sells it; and used by people on vacation in place of money and can be encashed at locations worldwide.

Traveller's Cheque Selling

ACLEDA Bank sells traveller's cheque in US Dollar and charges 1% of the total face value sold, or a minimum of USD1.

There are two types of traveller's cheque, traditional cheque and cheque for two, and has many issuers. In this first stage, ACLEDA Bank sells traditional cheques of American Express traveller's cheques only.

Traveller's Cheque Purchasing

ACLEDA Bank accepts all kinds of traveler's cheques in US Dollar, Euro, Australian Dollar, Canadian Dollar, and other foreign currencies.

Security Procedure

• Upon obtaining custody of a purchased supply of traveller's cheques, the purchaser should immediately write his signature once upon each cheque. When wanting to cash a traveller's cheque, the purchaser should, in the present of the payee/agent, countersign the cheque.
• The purchaser will also have received a copy of traveller's cheque buying agreement that somebody kept in a safe place other than where he carriers his cheques.
• The purchaser will be required to copy the serial number found on the traveller's cheques for future references in case of damaged or lost.
• Proper caring should be given as if the cheques were banknotes.

Note:

• For traveller's cheque purchasing fee in other currencies are subject to charge with an equivalent rate to Euro currency.
• The rates are quoted for indication purpose only and subject to variation. Please contact our nearest branch or our Call Center for confirmation.
• Cash Management services other than Foreign Exchange, Traveller's Cheque, Cashier's Cheque, Foreign Cheque Purchase and Safe Box services are only available to customers having an account with ACLEDA Bank. Please contact our officer on how to open an account with ACLEDA Bank.