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Is there a fee to purchase Travelers Cheques?

cheques fee purchase travelers
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Is there a fee to purchase Travelers Cheques?

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A. Usually banks charge an handling fee of 0.5% ~1%. For further details, please call the bank where you purchase American Express Travelers Cheques. Besides, It’s better to purchase the American Express Travelers Cheques by using foreign savings in bank account, or using RMB following the foreign exchange regulations that have been formed by the Foreign Exchange Bureau. If you use foreign cash to purchase American Express Travelers Cheques, banks will charge a 1% service fee for exchanging from cash. (Please call your bank for confirmation on the details.

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