How to handle money in a foreign trip

Which is better: cash or bank card?

It is better to carry a small amount of cash and comfortable - on the bank card. At the same time take care of small change banknotes and coins. They need to tip or in the markets, because there are sellers try to sell the product more expensive, citing a lack of delivery.

Particularly prudent can take with them and keep some money for a return ticket. Useful in case of force majeure.

But non-cash payment is not always developed. Therefore it is better to know in advance how a particular country situation with ATMs and POS terminals in stores. If crossing the border card turns into a piece of plastic, take care of the cash.

To spend less, pay cash →

What currency to take with you?

No universal advice, act according to the algorithm:

1. Find out which currency circulates in the country.
2. Find out if you can buy it for rubles to Russian banks and at what rate.
3. If so, look for the Internet, the exchange rate change dollars or euros to the desired currency in the country where you are going. Calculate what is more profitable: to exchange rubles for the necessary money in Russia or exchange rubles for dollars or euros (if you are traveling in the country
   instagram viewer
   EU), And then turn them into appropriate currency on the spot.
4. If a second advantageous embodiment, vezite with dollars or Euros and change them on arrival.

As beneficial to pay off the card?

When the seller holds the card on the reader, there is a complex process. The device sends a request to the bank retail property in the local currency, the bank - in the payment card system, and the system transfers the necessary amount. Then your bank transfers the money payment system.

It is important to know which currency your bank pays the payment system.

If your bank calculated payment system in rubles, it is advantageous to take a journey Rublev card. When paying by cash will be converted once - from rubles into local currency.

If the segment between your bank and the payment system need another conversion - rubles into dollars or the euro, the better to have a map in those same dollars or euros, or will have to pay a commission twice.

And remember: in some schools and institutions for payment cards can take a commission, so pay in cash will be more profitable.

What is a multi-currency card is and what it is good →

How profitable to take money?

Another important point - the bank's commission, which owns the ATM. Profitable option without the extortionate charges can be found in two ways:

1. In advance on the Internet.
2. At random, that is, inserting a card into the ATM. As a rule, information on the size of the commission appears on the screen prior to the issuance of money, but there may be unpleasant surprises.

How to protect your cash abroad?

There are old and effective rules in the style of Captain Obviousness:

1. Do not keep all your money in one place.
2. Keep an eye on the purse.
3. Not too Demonstrate financial well-being.
4. Use the safe in the room, and with a small amount of take.
5. Hold the bag.

8 known techniques street crooks manipulators →

How to protect your money on the card abroad?

Notify the bank about the trip

Must notify the bank when and where you are going, and let that plan to carry out operations on the card or account. Otherwise they can easily suspicious transactions block. The money will be safe until you return. But you would not like to live in another country without means.

Record number of the bank

If the card is stolen, you should be able to quickly call the bank and block it. It is not necessary to record the number in the phone or keep a piece of paper with the numbers in your wallet. Is a risk that they will be in the hands of criminals along with the card.

Keep a separate card for travel

Your salary card gives access to the main account and perhaps to all of your savings. In order not to lose them in one fell swoop, get a separate card. Put it on the money that you plan to spend on travel. And best of gradual transfer to it a small amount of a basic account through online banking. Just watch out for Secure Communications to the web.

check the ATM

Fraudsters are very clever, and not all their tricks may notice a layman. But at least inspect the ATM for the presence of primitive devices that read the card number. And withdraw in airports, Shopping malls or banks: they have more confidence.

Set limits on card transactions

Thieves may try to buy something on your card before you have time to block it. Criminals is more profitable to buy one expensive item. So that the limit on purchases will help you slow down the process of the leakage of money from your account. The main thing - do not overdo it, otherwise do not be able to pay off the card anywhere.

How to protect a bank card from fraud →

What if you stayed abroad without money?

Assume security measures did not work and you have to ask for financial help from friends and family, or use pre-prepared routes of retreat.

Use the spare card

If your foresight to pump up to level 80, you bring another card. Empty. Then the question is simple: you own or translate it to the money from your account, or ask someone.

Before the trip, arrange with someone you trust about such a service. Give him the money, he will send you a case of force majeure. It is much easier to find help in a tense moment.

Get money order

If you do not have a credit card, it is necessary to use the services of international remittance systems, through which you get the money, your passport. The sender will have to report the amount and number of transfer.

The owners of e-wallets may dispense with intermediaries and send yourself a transfer from one of the systems themselves.

Talk to your bank

If your bank has a partner in the country of travel, you can use the emergency cash. However, not all provide the service and of the operation will have to pay 100 dollars.

What if abroad stolen cash or bank card →

How to return spent part?

The price of each product laid VAT. You, as a foreigner, to pay the required fees are not required and can return some of the money on the Tax Free system.

Tax Free: how to get the money back on purchases abroad →

see also

• How to pack in a suitcase, climbed to everything and nothing rumpled →
• How to get the maximum from the trip pleasant experience →
• Travel insurance: all the rules and nuances that need to know the traveler →