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No matter what the reason for sending money abroad you will get a better currency exchange rate than using your high street bank. Look at money transfer comparison on FX Broker sites

Compare Money Transfer have listed a few tips for when you travel abroad or travelling abroad

TRAVEL MONEY TIPS

We have listed a few tips when you are going travelling abroad

  • Don't take all cash mix your money up a little, take a mixture of - cash, prepaid travel card and travellers cheques.
  • Consider a travel money card . The Travel Money Card is a great way to carry and spend cash abroad. It allows you to preload Euros or US dollars, or sterling on to a card, you also have a pin number and in most cases get better exchange rates than at the airport.
  • ATMs may be hard to find outside towns and cities. so make sure you have cash or some form of currency to pay with.
  • US dollar usually stronger in developing nations. It's easier to change dollars and dollar travellers cheques too.
  • Loose change: Carry the majority of your money in smaller denomination travellers cheques and keep your receipts and a log of their numbers separate. Only exchange what you need and don't walk around with lots of cash.
  • Change your cheques and currency in a bank or recognised foreign exchange bureau. Don't change money on the streets - it could be a way to get ripped-off.
  • Find out the accepted practice on tipping in bars and restaurants. This can vary from country to country.
  • Carry a card: Buy expensive items with your card to avoid a big dent in your daily budget. Don't carry all your cards with you - leave at least one in a hotel safe.
  • Online Banking: Sign up and monitor your account while you're away. Always take care when using the service in public areas, such as Internet cafes.
  • Make it hard for thieves by using a money belt or secure inside pocket.
  • Have a list of emergency phone numbers for all your cards and travellers cheques in case they're stolen. You will need to cancel them immediately.
  • Pay your bills: Pay your credit card and other bills while you're away to avoid being stranded with no plastic.
  • Secret fund: Keep a small amount of cash hidden away in case of real emergencies.
  • Familiarise yourself with local prices to avoid rip-offs. You may find haggling uncomfortable but it's a way of life in many countries
When it comes to buying your travel money the average person leaves it to the last moment by getting their travel money at the airport or at their local bank. By getting your travel money booked from a foreign exchange broker you can make considerable savings especially if you shop around for the best exchange rate. Compare money transfer compares the latest rates of exchange from all the UK's leading travel money providers and gives impartial advice for changing your travel money currency.

While every effort is made to ensure that the information shown on Compare money transfer comparison site is both accurate and up to date, we do not guarantee that it will be fault free and we do not accept liability for any errors or omissions. Please check any information from the company including terms and conditions before making a purchase

 

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