Managing cash when traveling

Disclaimer

Content in Guidance is for informational purposes only. You can choose whether or not to use the information.

Guidance

Different countries have different preferred payment methods, card, cash or both.

Before you go, obtain currency for the destination you intend to visit.

Take enough cash to support you for a number of days, to minimize ATM withdrawals.

Options include ordering the foreign currency from a bank or currency provider.

Don’t leave obtaining foreign currency to the last minute. Often a booking notice is required to collect the currency. Obtaining cash at the last minute i.e. airport usually incurs additional fees.

General

Keep a quantity of cash on your person.

Not all locations take card or mobile phone based payments.

Choose to store cash overtly or covertly:

– Overtly: wallet, purse

– Covertly: folded and secured inside clothing, shoe

In the event your wallet/purse is stolen or lost, access the hidden currency, so you can get back to a hotel or known location.

Updated on July 26, 2023

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