Travellers Cheques - Travel & foreign exchange

Travellers Cheques

Travellers Cheques provide a secure means of carrying foreign currency in a readily negotiable form. They are a widely recognised form of international currency and have the added protection of a global replacement service in the event of loss or theft.

Key features

Convenience

Travellers Cheques are accepted worldwide, and provide the option of being able to be cashed at most banks, hotels, motels, restaurants, as well as airports, shops and many other places.

Travellers Cheques retain their value until cashed and have the option to be held indefinitely.

Currencies and denominations

Australian Dollar (AUD): 50, 100, 200
Canadian Dollar (CAD): 20, 50, 100
English Pound (GBP): 20, 50, 100, 200
Euro (EUR): 50, 100, 200
Japanese Yen (JPY): 10,000, 20,000, 50,000
US Dollar (USD): 50, 100, 500

Loss or theft

If lost, stolen or destroyed, American Express^® Travellers Cheques can generally be replaced within 24 hours almost anywhere in the world by American Express^®.

Contact American Express^® immediately if your Travellers Cheques are lost or stolen.

Conversion

When you return home, any unused cheques can be converted back to Australian Dollars at any ANZ branch or ANZ Foreign Exchange Centre.

Please ensure you bring suitable photo identification, such as your passport, when exchanging your money.

Note: Non-ANZ account holders are only able to convert their American Express^® Travellers Cheques back into Australian dollars through ANZ branches where the value of the transaction is less than the equivalent of AUD 1,000. Conversions for this amount and over must be made via an ANZ Foreign Exchange Centre.

Who would use this product?

Individuals travelling overseas who require a higher level of security than carrying foreign currency cash or who want a back up for cash if there are no ATMs available.

How to buy Travellers Cheques

ANZ offers American Express^® Travellers Cheques through a variety of channels.

ANZ Foreign Exchange Centres
Travellers Cheques can be purchased on the spot by both ANZ and non-ANZ account holders.
ANZ branches
Travellers Cheques of the equivalent of under AUD 1,000 can be ordered by both ANZ and non-ANZ account holders for collection within 2-3 business days.

Travellers Cheques of the equivalent of AUD 1,000 and over are only able to be ordered via an ANZ branch using an ANZ transaction account or an ANZ credit card account.

ANZ Internet Banking and ANZ Phone Banking
Travellers Cheques can be ordered using an ANZ transaction account or ANZ credit card account online via the International Services tab in ANZ Internet Banking or via ANZ Phone Banking by calling 1800 352 535 (free call) in Australia, 8.00am to 8.00pm AEST, Monday to Friday. Travellers Cheques ordered via these channels can be collected within 2-3 business days. Remember to bring your current driver’s licence or passport for identification.

What fees are involved?

Travellers Cheques are charged at 1.1% of the total AUD equivalent value purchased, with a minimum charge of AUD$13 per currency (0.1% of this charge is GST).

ANZ recommends you read the American Express^® Purchase Agreement and Disclosure on Fees and the ANZ Financial Services Guide (PDF 208kB), before deciding to acquire or hold the product. Fees and charges apply. Travellers Cheques are issued by American Express Travel Related Services Company, Inc. (incorporated with limited liability in New York, USA), and certain related entities and are arranged through American Express International, Inc., ABN 15 000 618 208. AFSL No. 237996. Incorporated with Limited Liability in Delaware U.S.A.^® Registered Trademark of American Express Company.

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.

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