How To Bring Money On Your Overseas Trip

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Here are some different to fund your holiday.

Traveler’s Checks

It is wise not to carry large amounts of cash. You should take most of your money in traveler’s checks and remember to record the serial number, denomination and the date and location of the issuing bank or agency. Keep this information in a safe and separate place so, if you lose your traveler’s checks, you can quickly get replacements. You will receive a better rate of exchange at a local bank than at your hotel.

Credit/Debit Cards

Some credit cards can be used worldwide, even for cash advances. Keep track of your credit card purchases so that you do not exceed your limit. Travelers have been arrested overseas for mistakenly exceeding their credit limit! Leave all unnecessary credit cards at home. Record the numbers of the credit cards that you do bring, and keep the list separately from the cards.

You should immediately report the loss or theft of your credit cards or traveler’s checks to the credit card companies and to the local police. If you plan to stay in one place for some time, you might consider opening an account for check cashing and other...

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