The Washington times., 1925-02-10
TRAVEL BUREAU
OPENED BY
BANK
Washington Loan and Trust
Company Rendering Special
Service to Patrons
By RICHARD HATTON.

B.
The opening of the spring travel
to the financial service of the
Washington Loan and Trust Com
pany. This special service which
the bank is now rendering is de-
signed and maintained to assist
those who journey either abroad
or in the United States and is
rendered through the well.equipped
division of travel service which the
bank has installed within recent.
months and which functions as an
information service as well as a
travel guide and financial bureau
for its patrons.
Expect Busy Season.
While this novel travel bureau
and foreign exchange department.
has been in operation but a few
months the volume OF business al.
ready done, according to officials
of the bank, indicates that the
new department will, with the be.
ginning of the summer tourist
season, become one OF the busiest
and most appreciated offices in the
institution.
The establishment Of the division
Of travel service by the Washing.
ton Loan and Trust Company is
the result of an increasing demand
for letters of credit and other
banking service by those extended
tours. t*
The banking facilities OF the
institution are, through its travel
service. placed at the command OF
world and. there is the added com
fort of having accommodations on
steamers. railroad trains and hotels
all arranged for in advance.
With the service OF this new
travel bureau at HIS disposal and
with circular letters OF credit, good
In over 5000 banks located In all
parts OF the world from the North
sea to Singapore, from the far
Orient to Latin America. another
feature OF the service OF this insti.
tuition, in his pocket, no globe.
traveller need hesitate to push out
into the unknown seas OF foreign
experience. His circular letters OF
credit give him, practically, q travel.
ing bank account in his own pocket.
Passports Arranged.
A letter OF credit is an introduc-
ton to bankers throughout the world
who are correspondents OF the bank
issuing the letter. They may be
obtained from almost any bank and
embody authority for the CORE
spondent bank to honor the bearers
drafts upon the bank OF issue.
The letter of credit contains an
unconditional guarantee upon the
part OF the issuing bank that drafts
drawn under the credit within the
length of time stated and in com.
pliance with its terms will be
honored.
To the function Of providing these
recognized assurances of ever-avaii.
able funds the division OF travel
service of the Washington Loan and
Trust Company has added that OF
personal guide or "trip manager. It
will arrange required passports for
those going abroad, procure all
transportation for the trip, includ.
ing hotel accommodations and ell
other travel service.
In short the new department
functions as an international courier
arranging tours for tnose who have
not made definite plans and then
seeing to it that these tours are at
tended by as little worry and dis
comfort on the part Or the traveller
as is possible under the direction of
an energetic bureau in constant
touch with travel conditions the
world over.
1t is pointed out that this new
departure in banking service is OF
especial convenience to women trAS.
cling alone, as well as to all who
may be Venturing into strange lands
for the first time.
The Introduction Of strong bank.
ing institution by means of it's let
ters of credit has always been con-
sidered very much worthwhile by
those who move about the world, but
the assurance of complete travel ar
rangements, tickets, rooms. definite
information as to routes and condi-
tions to be met, all made In ad
vance by the bank issuing the tour
lists letter OF credit. is a new and
added safeguard Of which the public
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