Traveller's cheques were first issued by the London Credit Exchange Company for use in 90 European cities
Issued, 1874
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Thomas Cook was issuing "circular notes" that operated in the manner of traveller's cheques.
Invented, 1891
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Marcellus Flemming Berry working for American Express invents the Travelers Cheque. American Express developed a large-scale international traveller's cheque system, to supersede the traditional letters of credit.
1891 - Invented
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1891 - Invented - Images
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The first cheque was cashed at the Hotel Hauffe in Leipzig, Germany