Currency exchange is normally not recommended prior to arrival in an international destination. Taking some U.S. cash in small denominations ($50-$100 total) is recommended. Using a credit card (Visa, Master Card and American Express most commonly accepted) on purchases will usually provide the best exchange rate and security for your purchase. Using ATM cards will usually provide the best exchange rate when exchanging for the local currency. Try to use your ATM card at a bank during open hours. That way if the ATM machine keeps the card in error, the bank staff can retrieve it right away. You may consider asking your bank for a back-up ATM card to travel with in case one is destroyed while traveling. For each credit card and ATM card you will be carrying abroad, please contact the bank or credit card company before departure to inform them of your travel plans, confirm how to use the card in other countries and identify any fees that may be associated with using the card internationally. Please make photocopies of the front and back of all your credit and ATM cards. The back should have the number to call to cancel your card if it is lost or stolen. Store this photocopy with your belongings but not in the same place as your credit and debit cards. Note that most credit card and ATM card companies will apply an international fee of approximately 3% on top of every credit card transaction or ATM withdrawal. Currently we are aware of only one credit card that does not have an international fee and that is Capital One.

One final note on money, don’t carry on your person more cash than you need.

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