Financial issues to be done when traveling abroad

Notify the bank about traveling abroad.

The last thing you need to do before traveling abroad is to block your account to protect your hacked account when you just arrived at the hotel. Call the bank immediately and enter the international number into the phone, all banks issuing debit cards and credit cards have free phone numbers so that customers can call from abroad to report Even in case the account is lost.

Avoid converting foreign currencies at the US airport

The exchange rate in airports in the US usually has a high price and you will have to spend a small amount of money just because you do not make money exchange at places with better prices.

When you land, please cash at ATMs at the airport. In case you lose your wallet or your account freezing your account, you will need cash to use for 1-2 days. Once you withdraw money, you need to withdraw about 200 euros to avoid losing many international transactions because you have to withdraw money many times. Check your bank card issuing websites to determine the location you come.

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Prepare smart credit card

Most of the credit cards in Europe use smart card technology, but since the bank card in the US did not catch this trend, you may have difficulty using the card at the shops. local. If traders accept Visa or MasterCard card, the seller will be responsible. The really important thing is that you need to care about the ticket control machines at the stations because you may have to queue just to pay the ticket.

Pay by credit card at hotel and restaurant

It is better to use a credit card, so that you will reduce the cost of about 3% when charged when making a transaction. If you use Capital One, the card publisher will not charge for international transactions.

Find out what your bank can do in an emergency

In some banks, when you want to register to issue a debit card, it takes you 3-4 days to have a new card, so it is necessary to learn in advance about the factors that in case of emergency bank has Which tasks can be done to help you financially.

To be continued..

Hong Hanh

According to Bussiness Insider

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