NEW YORK - Banc One Corp. and American Express have reached an agreement enabling the sale of American Express travelers checks and Cheques for Two at more than 1,200 Banc One locations.

"This agreement further demonstrates the quality and customer satisfaction that the American Express program represents in the travelers check industry," said Carl Lehmann, president of American Express' travelers check group.

American Express introduced its check more than 100 years ago. It has since added nine different foreign currency travelers checks as well as its Cheques for Two program, which allows two travelers to share the same set of checks.

In what the companies said was an unrelated transaction, American Express also recently acquired a license for Triumph, the credit card processing software developed by Banc One in partnership with Andersen Consulting.

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