With the number of students going abroad to study, there are specially packaged students loans, special airfares, banking facilities and even Travellers Cheques to make the student's life abroad, easier!
Indians prefer paper to plastic, so Travellers Cheques are in great demand with students going abroad to study. This market is growing by approximately 20% per annum, and the service provider with years of experience in the field, and the one you can trust implicitly, is Amex.
You have secured admission in a foreign University, bought your ticket to distant lands, packed your belongings, and
are all set to fly away! But, wait a minute, how are you carrying your money? Cash on yourself? Bank transfers?
We bring you the perfect option..
Why Travellers cheques?
- Safer to carry than cash, especially when carrying large sums for Fees / Accomodation etc.
- Less volume than cash. A slender cheque book will accomodate USD 50000 comfortably.
- They are accepted and can be encashed anywhere in the world, at most banks / bureaus de change
- They can be exchanged for cash immediately, unlike depositing cheques in bank accounts, which can take a few days time to clear.
- If lost, they can be replaced with a single phone call, within 24 hours.
- They are available in a variety of currencies and denominations. His means you only encash what you require, and not the whole lot.
- They have no expiry date, so you can keep aside the unused cheques for however long you'd like to.
Safety Tips
- Note down all the cheque numbers or photocopy the Travellers Cheques
- Carry one copy of the above with you, and leave one copy at home. In case of any emergency, your parents can use the copies to follow things up.
- Keep Travellers Cheques away from this list of numbers
- Sign the cheques on the top left hand corner when you receive them.
- In case of loss of cheques, you will need the cheque numbers / photo copies of Travellers cheques for them to be replaced.
- Keep your Travellers Cheques away from your passport. You wouldn't want to lose both, would you?
- Note down the Amex help line number in the country / city you are visiting.
- In case of loss of these cheques, first lodge an FIR with the local police station, and get the FIR no. Call the help line no. and lodge your complaint of loss, quoting the FIR reference no. Your cheques will usually be replaced within 24 hours.
Can you think of a better way to travel with peace of mind? Hurry, check out the Travellers Cheques...
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