Текст № 6
Understanding Banking Series
Think about your holiday money well beforehand.
How will you pay abroad
The bank provides a range of services specially designed for the holiday-maker going abroad. Most holiday-makers´ needs should be covered by a "mix" of two or more of the following:
• cash (foreign currency)
• travellers’ Cheques
• eurocheques (+ Eurocheque Card)
• credit card
It´s best to order the currency you need from your bank well in advance. Some countries have restrictions on the amount of currency you can take in and bring out and your bank will advise you about these.
You can buy sterling (pounds) travellers´ cheques from the bank before you go on holiday, they are supplied in denominations of 10, 20. 50 and 100 pounds -and each cheque will have its own identification number. (Yen will get a "pack" made up of the denominations you ask for)
You will be asked to sign each cheque, (to provide a simple signature for when you want to cash them.)
You can also buy travellers´ cheques in major currencies. If you were going to, say, America it might be advantageous to take travelers´ cheques -your bank will advise you on this. Each cheque can be changed into cash- foreign currency - once you are abroad. You can also use them to pay bills in hotels.
Cashing a travellers´ cheque
1. You countersign the cheque in front of the bank cashier or any other person who is supplying the foreign currency (the signature is already on the cheque).
2. You will also have to show your passport as identification.
3. You have to pay the local charge (commission) for changing money.
Travellers cheques provide some extra security for the holiday maker.
If you lose them, you should be able to get them refunded or replaced so long as you:
• had signed each cheque when you secured them from your bank
• hadn´t countersigned them
• make a note of the Identification number and value of each cheque (keep this record separate from the cheques themselves).
• make a note of the telephone number of your bank as well. This will speed up the process of replacing any cheques which are lost or stolen.
Never countersign your cheques in advance.