A cheque is an unconditional order addressed to a banker, signed by the person who has deposited money with a banker, requesting him to pay on demand a certain sum of money only to the order of the certain person or to the bearer of the instrument.
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Traveller’s Cheques:
It is an instrument issued by a bank for the remittance of money from one place to another.
Traveller’s Cheques are accepted almost everywhere and are available in many denominations. Plus, the no-expiration feature allows you to cash in leftover cheques or retain them for the next time you travel.
benefits
- Convenience: Easy to use. Secured to protect your money when on the move.
- Choice: Available in United States Dollars (USD), Great Britain Pounds (GBP), EURO, Japanese Yen (JPY), Australian Dollars (AUD) and Canadian dollars (CAD).
- Acceptance: Accepted worldwide in over 400,000 locations spread across 200 countries. TCs can be encashed or used at Exchange bureaus, Banks, Hotels Shops, Restaurants and other establishments.
- Security: Signature-based security. If your cheques are lost or stolen, the 24-hour Call Centre is just a phone call away. Replacement of lost TCs is attended to on priority across the world.
- Buy-Back: When you return back to India, you can encash any unused TCs issued by us, at any of the Axis Bank Branches.
- Expiry: Valid forever! You can save any unused Travellers Cheques for future trips.
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