Your bank account is global
Moving to Canada or Australia? We provide international banking alliances to help you stay connected to banking channels when you’re on the move. With our experience helping students, professionals and families move around the world, we can help you structure and organise your finances to keep your peace of mind and stay connected to your bank with minimal disruption.
INTERNATIONAL TRAVEL: TRAVEL CARD AND OTHER ESSENTIALS
A holiday with family and friends is something you always look forward to. However, when you are going for a vacation you don’t want to carry an extra baggage of worries with you. To ensure that you are able to travel stress-free, we have brought you a list of some of the most important things that you can plan early for your international trip.
- Get a Travel Card
A travel card is your best companion for your international travel plans. Travel cards can be loaded with many foreign currencies. Acceptable currencies may vary depending on the bank you choose for the card. Once your card is loaded with foreign currency, you can use it to withdraw money from ATMs wherever you are traveling.
In addition, you can also use the card to pay directly for the things you shop for or to clear your restaurant and hotel bill.
- Keep Your Credit Card Handy
Credit cards are very helpful when it comes to international travel. A lot of banks offer cards suited to foreign transactions, meaning they do not charge transaction fees. To ensure that you do not make additional payments on every credit card transaction while traveling.
- Traveler’s Cheque is a Good Idea
Since credit cards are preferred everywhere, the use of traveler's checks has declined. However, it is a good idea to make sure that you have a safety net when your credit card is not accessible.
However, you want to confirm that the destination you are going to, you can check the use of passenger check.
- Avoid Forex at Airport
The airport is convenient for currency exchange when you have just landed in the country.
However, the exchange rate is less favorable than that available at any local bank. Therefore, cash in local currency in banks where you can get a better rate with fewer service charges.
These are some tips that you can implement to ensure your financial planning for international holidays.