Traveler cheques, also known as traveller's checks or travel cheques, are prepaid financial instruments often used by travelers as a safer alternative to carrying cash. They come in various denominations and can be cashed at banks and foreign exchange offices. However, with the rise of technology, traveler cheques have become less popular, and their usage has declined. Nowadays, alternative options such as pre-paid debit cards and mobile money transfer services are available to travelers. Other synonyms for traveler cheques include: foreign currency cheques, traveler's money, vacation checks, travel payment certificates, and traveler's currency. Despite the declining usage of traveler cheques, they still serve as a reliable form of payment for many travelers.