TRAVELLERS CHEQUES
• Never access the banking site via a link. Instead, type the web They are not as popular these address into the browser bar. days, but in certain countries they • Do not open other websites while remain a reliable, conservative logged into Internet banking; only stand-by. Cheques can always be have a single browser window open. replaced - although sometimes not • When you complete your tasks, log as conveniently as issuers suggest off and close the browser window. and are hard for thieves to use. • Never provide your password over • Keep a copy of the serial numbers the Internet (by email) or over the telephone to anyone (including in a safe place. persons identifying themselves • Not all banks handle travellers cheques, so head to the big cities as bank officials). and their central banks. Check which type of currency is best for your destination.
TRAVEL CARDS You load this card for a fee. It offers good security and if you lose it, it can be replaced complete with the funds lost, for a small charge. You can also get keener exchange rates than at the exchange bureaux and lower withdrawal fees at ATMs. It can be charged online, by phone or SMS.
ONLINE BANKING If you need to sort out any finances while overseas, Internet banking can be the quickest way to do it. But as with any important personal information, it’s a good idea to take some steps to minimise security risks.
Don’t miss the money penny:
Check what type of bank or credit card can be used in your holiday destination. MasterCard and Visa have ATM locators on their websites. Check your insurance policy; some claim “money cover” for a high amount but the actual cash cover can be low - the remainder is often for things such as travellers cheques. If you are stranded abroad without cash, instant transfers can 37 m be arranged through MoneyGra or Western Union.