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Tuesday, 8 November 1977
Page: 3158

Mr Shipton asked the Minister for Post and Telecommunications, upon notice, on 19 October 1977:

Will post offices and agencies of Australia Post accept travellers' cheques issued by Australian banks either for (a) purchases or (b) cash; if not, why not.

Mr Eric Robinson (MCPHERSON, QUEENSLAND) - The answer to the honourable member's question is as follows:

Australia Post does accept travellers ' cheques in exchange for purchases and change may be given on those cheques.

Australia Post does not accept travellers' cheques for cash as this type of transaction is considered to be a function more related to banks and outside the normal service provided at post office counters. If this facility were to be provided additional costs could be incurred in overcoming cash liquidity problems which may occur at post offices, particularly at holiday resorts.

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