Traditional Culture Encyclopedia - Travel guide - What does a traveler's check mean?

What does a traveler's check mean?

Traveler's check is a kind of bill issued by overseas banks and sold by domestic banks for passengers to buy and pay for their journey. Its characteristics are universal, safe to carry, loss reporting and compensation, long-term use and fixed denomination. This traveler's check can be returned to the hotel. Travel agencies, airports, stations and other places related to tourism can be exchanged at any time.

Traveler's check is a fashionable thing now, which sounds inspiring, but in fact, few people know what traveler's check is, and even fewer people actually use it. But people who have used it will greatly appreciate its convenience and safety.

Traveler's checks are actually fixed denomination bills issued by banks or travel companies to facilitate travelers to carry and pay travel expenses safely during their travels. Generally, it is issued by a well-known bank or travel agency, and the entrusted bank or travel agency sells it on its behalf, and the consignment money is allocated to the entrusted bank on a daily or regular basis. It can provide convenient service for the daily payment of China people who go abroad and foreigners who come to China, which is not only suitable for business travel, but also suitable for personal travel.