Best way to carry money aboard?

Question

I going on holiday to corfu for a week...and Im not sure what is the best way to take money aboard? Esp as I havent been away for years...Ive heard travellers cheques are not used anymore really. People are saying use ur Debit card aboard but this confuses me and will there be extra charges and hows much?

Answer 1

I used Travlers Cheques both times I went to Africa from the U.S.If your using a debit card you must know what the currency conversion rate is. I used mine in France but the Euro is worth more than the Dollar. So if you bought  cigarettes there for 5 Euros your paying more for them than in the U.S.Cigarettes at that price would be 7.50 USD.

Answer 2

Personally I use a credit card to pay for purchases, meals etc, and a debit card to get money from ATM machines. You'll usually pay a fixed sum for each ATM withdrawal you do from abroad. Some machines will even tell you how much.

If you visit your banks website they'll probably have a page explaining what you can and can't do, my bank does :-)

I've never taken travellers cheques.

Answer 3

I have used my Debit Visa card from Germany to Nassau and have never had any problems.  I visited my bank and purchased Euros for my trip to Germany, also.  Have a safe trip.