Avoiding Lost or Stolen Travellers Cheques

A How To Avoid Having Lost or Stolen Travellers Cheques

If your Traveler’s Cheques are lost of stolen, don’t worry. They can be replaced just about anywhere in the world, including Australia. You can receive your replacement Cheques within 24 hours. You must call the Travellers Cheque Service Centre immediately. They will be able to help you determine the best way for you to get your replacement.
Protect Your Travellers Cheques

  1. As soon as you receive your Travellers Cheques, sign them immediately. Sign, using your usual, normal signature, in the upper left hand corner of the Cheque. Do not use erasable ink or pencil.
  2. Do not sign it again until you are cashing it. This should be done when are you are in front of the agent who will be accepting it.

Record Your Travellers Cheques Serial Numbers

  • As soon as you receive your Travellers Cheques, after signing them, the most important thing you must do is record the serial numbers of each and every Cheque.
  • You will need these serial numbers if you need to report the Cheques lost or stolen. There are no exceptions to this rule.
  • Keep the recorded serial numbers in a safe place. Make sure they are safely stored, in a separate place from your Travellers Cheques. Once again, do not keep your serial numbers in the same place as the your Cheques.

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How to Reimburse Your Lost Travellers Cheques

In the case of lost travellers cheques it is extremely important that you have this information at hand.

Traveller’s cheques have always been a great alternative to taking cash with you on your travel, and available at participating Banks, Australia Post outlets and American Express foreign exchange offices, they are very easy to obtain. What is even better is that in the event of lost travellers cheques, within just twenty four hours you can have your money with you again.

When you plan to travel outside of Australia, instead of carrying around cash or being charged each time you use an ATM in a foreign country, cheques are the logical solution. You can order your cheques in Australian dollars, or alternatively in US dollars or even Euros.

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Travel Insurance Buying Tips

1000′s of Travel Insurance policies to choose from.

We are all quite vulnerable when we travel because it usually means venturing out of our comfort-zones, and travel insurance is the only way to shield ourselves against monetary losses when things do go wrong. So here are some very useful tips to ensure you buy the right travel insurance that will protect you against such expected financial losses.
The most important thing to remember with travel insurance is that you are effectively buying an agreement, so always READ THE FINE PRINT, especially the exclusions at a coverage level and the general exclusions. They are written in legal jargon, so be sure to seek clarification on anything that you don’t understand.

All Travel Insurance companies are classified as financial institutions and are consequently regulated by the government organizations like the Financial Services Authority in the UK. So be sure to check this.

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