Travel Tips

Travelers Cheques

Travelers Cheques are a kind of cheque with a fixed value issued by the banks or other financial and travel companies. The value carried in this way is very safe and can be conveniently used during the trip abroad.

Travelers Cheques are accepted by the worldwide star-rated hotels and restaurants, large shopping malls and other consumer spots, with no additional fees. Once cash is needed, they can also be easily cashed in almost all banks and their network of service points around the World. Travelers cheques can be obtained in a wide variety of values and currencies. There is still no limit to the validity of the cheques, so it can be used on another trip abroad. If the cheque is lost, it can also be redeemed free from its issuing company. 

In China, nearly all kinds of banks provide travelers cheque services handling American Express, Visa, Master, Citicorp and others. The currency of the travel cheques includes US dollar, Euro, Australian dollar, pound Sterling and Yen among others. To obtain a travelers cheque in China, a passport and visa is needed. To cash or redeem the cheque, the purchase contract is also required.

Note:
1. A signature is required when buying the travelers cheques. Remember not to sign again on the cheque except when cashing, consuming or transferring it. You had better use the same name as on your passport.
2. Remember to take the purchase contract of the travelers cheque abroad in case of any accident. Ensure that the contract and your passport are kept separate from the travelers cheques, so as to redeem it if the cheques are lost.
3. Once your travelers cheques are lost, you should dial the round-the-clock service number provided by the issuing company as soon as possible and information will be provided concerning an agent bank where new travelers cheques will be provided.