Plan Ahead if You Want to use ATMs When Traveling Abroad

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FDIC Consumer News – Spring 2006 – Traveling Abroad


Related Financial Services - The following Debt Consolidation Loan Directory listings of companies are offered to assist you with gaining control of your personal finances and the management of your money. Also, feel free to review the rest of the sub-directories on DebtConsolidationLoan.com to shop for other finance products, such as credit cards and mortgage refinancing.

  • Debt Consolidation Company - Learn more on how consolidating your credit card debts can work for you and potential pitfalls that you need to avoid. Also, review a list services that offer to help people lower their bills into fewer payments or even one payment.
  • Debt Settlement Help - If you have too many credit cards and other small debts and are unable to make your payments, this form of debt negotiation may be right for you.
  • Personal Loan Rate - This type of lending is most often structured as an unsecured debt. This means your personal property or house will not used as collateral. Your approval (or denial) will usually be based upon your payment / credit history and your ability to repay the loan. This type of credit is also often called a signature loan.

Traveling Abroad?

Don't Leave Home Without Making Financial Preparations


Plan ahead if you plan to use ATMs. Ask your bank for guidance on the best, cheapest ways to use ATMs in a particular country. For example, you might face smaller fees for withdrawing money using a debit/ATM card instead of getting a cash advance (a loan) using a credit card. Or, perhaps your bank has arrangements with foreign institutions that could reduce the fees and finance charges you'd pay at their ATM compared to other locations. Find out if there's a maximum daily amount you can withdraw. As mentioned previously, carrying a large amount of cash may be asking for trouble.


Spring 2006 | Don't Carry Much Cash | Take a Couple Credit Cards | Consider Prepaid Debit Cards |
Ask if Your Debit Card Can be Used | Plan Ahead if Using ATM's | Take Security Precautions |
Keep Currency Exchange Costs Down | Want More Tips for Traveling Abroad?


FDIC Consumer News is published by the Federal Deposit Insurance Corporation


FDIC Consumer News is produced quarterly by the FDIC Office of Public Affairs in cooperation with other Divisions and Offices. It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC or other government regulations and policies. Mention of a product, service or company does not constitute an endorsement.


Find current and past issues of FDIC Consumer News at http://www.fdic.gov/consumernews. Refer to this same index to locate the issues that are specially formatted for being reprinted in any quantity.


To receive an e-mail notice about each new issue of FDIC Consumer News posted on the FDIC Web site, with links to stories, follow instructions posted at www.fdic.gov/about/subscriptions/index.html.


Last updated on 5/09/2006

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