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Travel Essentials

The Convenience of Cash Alternatives

 

Losing your money is upsetting at any time, but losing it when you're away from home can be devastating. You should carry some local currency for tipping, taxis and small purchases, but you shouldn't need to carry a lot of cash with you: there are alternatives that we think are safer and more convenient.

American Express®2 Travellers Cheques

You should consider having the bulk of your funds in the form of American Express Travellers Cheques. American Express is the #1 issuer of travellers cheques all over the globe, and here are just a few reasons why:

  1. Easy To Manage, And Safer Than Cash
    Unlike cash, which is gone for good, American Express guarantees that if its Travellers Cheques are lost, stolen or destroyed, they will be refunded 365 days a year, usually within 24 hours, virtually anywhere in the world.
  2. More Reliable Than Foreign ATMs
    American Express®2 Travellers Cheques are available in a wide variety of currencies and denominations
  3. Cheques For Two
    American Express®2 Travellers Cheques offers Cheques for Two in U.S. dollars. This means you and your partner can share one set of cheques, but either one of you can sign them--great for when you're out shopping and your partner's on the beach soaking up the sun! OR, should an emergency occur, either of you is able to sign and cash the same set of travellers cheques.
  4. Universal Acceptance; Use With Confidence
    "Watch & Compare" encashment guarantee (no identification required). You sign your travellers cheques when they are purchased and countersign when cashing them. If the signatures match, payment is guaranteed.
Traveller's Tip

Hotels will usually cash travellers cheques for their guests free of charge, but to avoid paying fees at other establishments, use your cheques to purchase goods and services whenever you can.

Record the serial numbers of your cheques as you use them, and keep this list separate from the numbers of your unused cheques. This makes replacement easier if they are lost or stolen.

Amex Travellers Cheques Foreign Currency Chart

The 1% commission on American Express®2 Travellers Cheques is waived with the RBC VIP Banking1 and RBC Signature No Limit Banking1 accounts.

To locate merchants around the world who cash American Express Travellers Cheques without charging an encashment fee, please visit the American Express website.

To order American Express®2 Travellers Cheques, visit your nearest RBC Royal Bank branch.

RBC Royal Bank Visa Products

As a traveller, you'll definitely be interested in our U.S. Dollar Visa Gold Card or our new RBC Royal Bank Visa Platinum Avion. These cards offer the flexibility and security of higher credit limits and extensive insurance coverage, plus other great benefits. RBC Royal Bank offers a wide variety of Visa cards, with one that's sure to be suited to your needs. You can find the Visa/PLUS System ATM nearest you on Visa's ATM locator.

RBC Royal Bank Client Card

RBC Royal Bank Client Cards are widely accepted around the world at Automated Teller Machines that display the PLUS System and Interac* symbols. ATMs are a fast and easy way to access your Canadian dollar accounts and receive local currency. Find out more about using ATMs outside Canada.

Cross-border shopping just got easier

TM Trade-mark of the Royal Bank of Canada. RBC Centura Banks Inc. is a licensee of trade-mark. RBC Centura is a trade name used by Centura Bank.
* Royal Bank of Canada, licensee of trade-mark.
®1 Registered trade-mark of Royal Bank of Canada.
®2 Used by Amex Canada Inc., under license by American Express Company

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Related Links
  U.S. Banking Services
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  Cross-border Debit
 
01/11/2008 11:15:15