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I have solved my problem in following way.
For example, I would like 'POUNDS' instead of 'DOLLARS'. Currently my check reads 1000 Dollars and 50 cents. It should read 1000 Pounds and 50 pennies
You need to change the verbiage in the options field for the payment format. (This is the explanation for GUI users.)
Copy your Format Payment and add some options to it to make the verbiage read Pounds and pennies. Then create a new Payment Format that uses this new Format Payment. Then put this new Payment Format on the Bank Payment Document for the bank account that needs to pay in Irish Pounds.
1. Define a new Payment Program under System Administrator.
Navigate to Concurrent -> Program -> Define
Query up the Evergreen payment program you are using (ex. APXPBFEG).
2. Click on the 'Copy to' button.
Enter a value in the 'Program' field type, for example, "Irish Pounds Program".
Enter a value in the 'Short name' field type, for example, "APXPBIPP".
3. Edit the Options field in the Executable zone (Do not click the 'Parameters' button.) In the 'Options' field, enter the following 4 options on one line with one blank space between each option:
(For other currencies, replace "Pound" with "Lira", "Peso",etc.)