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American Express 
Financial services / Payment processing
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web1. Loss: Travellers cheques are physical cards that can easily be lost.
2. Fraud: Travellers cheques can be easily forged, and there is little that can be done for victims of fraud.
3. Limited Use: Some stores and businesses do not accept American Express travellers cheques.
4. Fees: American Express travellers cheques often incur a fee for cashing, as well as conversion fees if the cheques are being used in a foreign currency.
5. Non-Refundable: American Express travellers cheques are not normally refundable, meaning that if you lose them or they’re stolen, you won’t get your money back.
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