Cash and Travellers'' Cheques
If taking cash , a modest amount of low-denomination US dollar bills or Deutschmarks is advisable. If carrying travellers' cheques , then by far the most recognised are American Express, either sterling or dollars. The usual fee for travellers' cheque sales is one or two percent, though this fee may be waived if you buy the cheques through a bank where you have an account. It pays to get a selection of denominations. Make sure to keep the purchase agreement and a record of cheque serial numbers safe and separate from the cheques themselves. In the event that cheques are lost or stolen, the issuing company will expect you to report the loss forthwith to their office in Budapest; most companies claim to replace lost or stolen cheques within 24 hours. For speedy refunds in case of loss, American Express (represented in Budapest at Deak Ferenc utca 10; tel 1/235-4330, travel@amex.hu ) is much the most reliable brand.
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