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50 Pounds
| Issuer | Travellers Cheque Associates Ltd. (under licence of American Express Company) |
|---|---|
| Year | 1993 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Left vignette of a helmeted classical male figure in intaglio engraving against a blue guilloche underprint. Centre carries the issuer name in Fraktur blackletter script over fine lathe-work, with a blank oval guilloche medallion and a rosette ornament to the right. The Lloyds TSB black horse logo appears in the upper centre, with denomination panels £50 STERLING at upper-left and right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Tripartite layout in blue on a fine guilloche underprint. Left and right panels each carry a £50 STERLING rosette ornament with denomination lettering; the central panel bears a globe vignette at foot and large numeral 50 within a shield cartouche. The copyright line © 1993 AMERICAN EXPRESS appears at lower right. |
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| Comments |
Travellers Cheque Associates Ltd. was a joint venture arrangement through which American Express extended its traveller's cheque programme into markets it preferred not to service directly. The £50 denomination was the highest-value cheque in this series, aimed squarely at business travellers and high-spend tourists at a time when £50 still represented meaningful purchasing power abroad.
De La Rue's MICR encoding on this issue follows the E-13B font standard, which allowed automated processing through bank clearing systems — the same infrastructure handling ordinary cheques. That compatibility was the operational point: acceptance at bank counters without special equipment.