Eurocheque

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The Eurocheque was a type of cheque used in Europe until the 1990s. Eurocheques had cross-border acceptance and could be written in a variety of currencies. They were particularly popular in Germanic countries, where they were often issued as standard domestic cheques. Eurocheques usually had to be accompanied by a cheque guarantee card in order to be accepted in payment at a point of sale.

If you live in the USA, these may now be called "Drafts" by your bank. The idea is that if you are trying to purchase something in another country, your bank provides you the ability to write a check drawn from a local bank (local to the seller). There is usually a fee for "drafts", around $20 as of March 2007.

    [edit] References

    http://www.theanswerbank.co.uk/Travel/Question241788.html

    See also: Travellers_check

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