Amex quote

PUBLISHED : Friday, 24 January, 2003, 12:00am
UPDATED : Friday, 24 January, 2003, 12:00am

In our report 'For the fearless traveller' (Classified Plus, January 17) we did not attribute this quote: 'American Express Travellers Cheques can be exchanged for local currencies without any charges at more than 55,000 banks, foreign exchange bureaus, travel agencies, including 1,700 American Express Travel Service Offices and agencies. The exchange rate offered is usually more competitive than for cash.'

The quote was from an American Express spokesman. We regret any misunderstanding that this might have caused.