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Why are American Express Travelers Cheques so safe?

April 26, 2017American cheques Express safe travelers

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Why are American Express Travelers Cheques so safe?

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Travelers Cheques are safe because of the two signatures: The first signature is provided at purchase, and the counter-signature is given at the moment of encashment. It is vitally important to keep proof of purchase and the serial numbers separate from the Travelers Cheques. If Travelers Cheques are lost or stolen, it is essential to report the Travelers Cheques serial numbers in order to receive a refund or replacement.