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Essential Travel Preparations – Money Matters


Cash

  • Take at least some cash in case you have problems with your ATM card plus in some countries many merchants do not accept credit cards.  US$ 200 minimum would be a good idea.

Changing US Dollars to Foreign Currency

  • You can normally exchange US dollars into the currency of the country that you are visiting at banks or “Bureaux de Change” located at airports and in cities of your destination.  Your tour manager will advise you where to change money. 

  • PLEASE NOTE:  Avoid changing money with individuals soliciting you on the street as they might try to pass off fake bills or expired currency.

ATM Cards

  • You should consider taking ATM cards from two different banks with you in case one does not work overseas or it is retained by the ATM machine.   

  • Foreign ATM machines will dispense cash in the local currency and your bank will automatically convert the amount withdrawn into the US dollar equivalent and debit your account.   

  • Contact your bank to find out what their fees are for overseas withdrawals.  

  • Many ATM machines advise you how much the host bank’s ATM fee will be, which you would add to your own bank’s fees.  Try to do fewer withdrawals as the fees might really add up. 

  • Contact your bank to advise them that you will be traveling overseas and advise them which country / countries you will be going to so that they know that your ATM withdrawals are legitimate, and not fraud, which would normally result in a block being put on your card. 

Credit Cards

  • Credit cards are accepted by most merchants in most countries but in some nations they are only accepted by larger establishments, such as hotels, better restaurants, chain stores, etc. 

  • Contact your credit card issuers to advise them that you will be traveling overseas and advise them which country / countries you will be going to so that they know that the charges are legitimate, and not fraudulent, which would normally result in a block being put on your card. 

LEGAL DISCLOSURE:

Victory Sports Tours does not guarantee the accuracy or completeness of any of the above information and is not responsible for any consequences resulting from any inaccuracies or lack of completeness in said information.  The reader is responsible for verifying the accuracy and completeness of any and all information provided prior to making decisions and taking actions based on said information.   Any and all consequences resulting from patronizing any of the named companies are solely the responsibility of the company providing said goods or services.   Victory Sports Tours affirms that it has no financial interest in any of the above named entities, nor does it derive any financial benefit of any kind from travelers patronizing said entities, nor from recommending that travelers patronize said entities.