How to Cash Visa Euro Travelers Checks

If you're planning a holiday or trip abroad, travelers cheques provide a safe and convenient way to carry currency. These pre-printed documents, worth a fixed amount of money in a certain currency, can be used for purchases or redeemed for cash. The main advantage is that travelers cheques can be refunded if lost or stolen, subject to terms and conditions. Visa issues travelers cheques in currencies including U.S. dollars, Euros and Japanese yen. Purchasing and cashing them is easy, but write down several important details before you travel, in case they're lost or stolen.

Things You'll Need

  • Travelers cheques
  • Serial numbers
  • GRS telephone numbers
  • Passport or other photo identification
Show More

Instructions

  1. Travel Preparations

    • 1

      Sign your name on each cheque, in the designated space, which is usually in the top left corner.

    • 2

      Record the serial numbers and retain them in a safe place, away from your travelers cheques, and ensure that they're easily accessible during your travels.

    • 3

      Write down the Visa Travelers Cheque Global Refund Service (GRS) telephone numbers for your destination, keeping them separate from your cheques.

    • 4

      Decide where you will cash your travelers cheques, based on outlet location, and the cost of exchanging them for cash. Commission rates can vary wildly among outlets, such as foreign exchange bureaus, banks and hotels.

    Cashing Travelers Cheques

    • 5

      Present your travelers cheques, along with photo identification such as a passport, to the payee at your chosen outlet.

    • 6

      Date and countersign your cheques in the designated space, usually in the bottom left-hand corner, while the payee is present.

    • 7

      Verify that the correct amount has been issued to you, in the correct currency, before leaving with your cash.

    Lost or Stolen Cheques

    • 8

      Locate the serial numbers for your travelers cheques, if they have been lost or stolen.

    • 9

      Call the Visa Travelers Cheque Global Refund Service (GRS) telephone numbers for your destination. Quote your serial numbers, and answer any further questions to prove that you were the original holder of the cheques.

    • 10

      Arrange a location to pick up your replacement travelers cheques. You should be able to pick up the replacements within 24 hours.

Copyright Wanderlust World © https://www.ynyoo.com