TRAVELLER'S CHEQUES

The customer purchases traveler's cheques in his/ her own country before commencing his/ her journey. These may be in international currencies the customer requires. these cheques are signed twice. It is signed firstly at the time of purchase and serial numbers are noted by the issuing bank. While using traveler's cheque for payment, the owner will sign and date each cheque. The cashies should carefully watch the second signature of the guest at the , and tally the signature and the photograph against the passport/ identity card. All traveller's cheques should be converted into local currencies at the current day's exchange rate. The traveller's cheques areexchanged for their required currency value by the bank then credited to the hotel's account.