Thursday, October 1, 2009

Overseas Atms: What Travelers Should Know

Author: Stacey Moore

Source: articledashboard.com



Wherever you travel in the world, cold, hard cash is your most critical need. This occurs when a cup of coffee in Los Angeles, a silk scarf in Istanbul's Grand Bazaar or a bracelet from a street vendor in Hong Kong buy. Therefore, the first thing many people see when they step off the plane in a foreign country is usually a ATM.ATMs the dilemma of the traveler to solve where they safely and quickly obtain local currency. All cash withdrawals, regardless of size, are exchanged based on the wholesale exchange rate, usually a few percentage points better than the fare at a local, philippines tip travel , exchange. Plus, these machines are virtually, philippines tip travel , everywhere ATM cards linked to the PLUS or Cirrus networks can be used in over 135 countries, who handed them the choice of the poor travelers.Cash PoorRecently have debit cards are, philippines tip travel , the objectives of the international fraud, asked banks to block entire countries from where they occur most often, philippines tip travel , fraud. Countries that have recently been blocked by several banks including England, Thailand, the Philippines, Romania, Greece,, philippines tip travel , Turkey, Singapore and Japan.Unfortunately for, philippines tip travel , travelers, the banks are not obliged to inform their customers about these bans, because they do not want to tip their hand on the countermeasures they employ to combat criminals. Travel agents suggest you call your bank or visit the website before you go to find out if your bank card will work on your destination.Here are some additional tips from the American Society of Travel Agents on the use of ATMs when traveling in the abroad: • Use a variety of payment options including credit cards, debit cards, traveler checks and currency to be prepared to contact all circumstances. • Bring your bank details when you travel, in case your card is not working as you expect. • If your personal identification number (PIN) is longer than four digits, go to your bank and have changed. Many ATMs abroad, especially in Europe, do not accept PINs longer than four digits. • Always contact your travel details with you. It is good to one ally back home that you can call when a problem occurs.