Was in my local Amex Forex place today, and noticed signs up which basically say:
From 1 July 2009, Cashing Travellers Cheques will have a fee of $8.
This is interesting because Amex traditionally have cashed their own cheques for free worldwide - and is a selling point for the cheques vs other payment methods.
Not sure whether Amex cardholders will continue to have the fees waived or not.
Their website has no further details that I can see, except to say:
https://www.fx4you.com/australia/americanexpress/faqtc.cfm#9
From 1 July 2009, Cashing Travellers Cheques will have a fee of $8.
This is interesting because Amex traditionally have cashed their own cheques for free worldwide - and is a selling point for the cheques vs other payment methods.
Not sure whether Amex cardholders will continue to have the fees waived or not.
Their website has no further details that I can see, except to say:
https://www.fx4you.com/australia/americanexpress/faqtc.cfm#9
Will I have to pay commission to encash Travellers Cheques overseas?
All American Express & Representative offices encash American Express Travellers Cheques commission-free. You can also click here for our Fee-Free Exchange Partner listing.