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Traveling Internationally? Order Foreign Currency Before You Go

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Upon landing in a foreign country, expect a lot of lines. There’s immigration, passport control and customs inspection. But there’s one line you can — and absolutely should — skip: the airport currency exchange.

Not only does the airport currency exchange counter’s line cut into precious time abroad, but it’s typically a terrible money move. Airport currency exchange rates are among the worst you’ll find.

It’s not uncommon to see airport exchanges charging 14% more than the current International Monetary Fund (IMF) exchange rate. NerdWallet even found some premiums exceeding 17%. Some also charge additional fees on top of the poor exchange rate.

So what do you do if you need cash upon arrival to order a cab or tip the bellhop? Consider ordering foreign currency before you fly.

Most banks allow you to order foreign currencies, which you can typically pick up at a local branch before your trip. Some banks offer to ship currencies to you, and sometimes they don’t even charge extra for postage if you order a certain amount.

Plus, the exchange rate can be good. For instance, at Bank of America, the exchange rates we checked in January 2024 average roughly 6% more than the IMF rates — and less than half of what the airport currency exchanges are charging.

» Learn more: The best travel credit cards right now

How to order foreign currency from your bank

While the exact process varies by bank, most major banks make it easy to order online.

Typically you can access the currency exchange webpage through your bank’s website or mobile app, or by phone. From there, you usually enter the currency you need, add the desired amount, select the pickup method and place your order.

While you can generally expect a solid exchange rate, use a trusted source such as Reuters or the International Monetary Fund to find current exchange rates and ensure you get a fair deal.

Additionally, understand all the fees involved. For example, Citi charges a $5 service fee for transactions under $1,000, though it’s waived for clients with premium bank accounts .

Or you might get charged a shipping fee. Bank of America’s standard shipping costs $7.50, but overnight shipping is $20. Sometimes you can avoid shipping fees by opting to pick up the cash at a local branch or by being a loyal customer. Bank of America Preferred Rewards program members get free standard shipping.

There’s also generally a minimum amount of foreign currency you can order ($100 or $200 is common) and a maximum ($10,000 within a 30-day period is common).

Other good ways to pay abroad

If it’s too late to order foreign currency from your bank, here are other ways to curtail currency fees :

Find an in-network ATM abroad

Major banks usually have branches abroad or partner with other banks to create a network. Using those ATMs often provides a decent exchange rate while eliminating out-of-network ATM fees.

If you end up using a non-network ATM, pay attention to ATM fees , which vary but usually run about $5 per transaction. Given that, consider limiting ATM debit transactions by withdrawing the amount you think you’ll need for the entire trip, or at least a large portion of it.

ATM availability is more common in some places than others. Macau has the highest number of ATMs per capita with 316 ATMs per 100,000 adults, based on 2021 data from the World Bank Group. Uruguay, Canada and Austria are other destinations with the most ATMs per capita.

But other countries tend to have far fewer. For example, Kenya had fewer than 7 ATMs per 100,000 adults and Nepal had only 20 ATMs per 100,000 adults, according to the same data.

Pay with a credit card that doesn’t charge foreign transaction fees

Depending on the card, you might get dinged with foreign transaction fees of 1%-3% when you make purchases at non-U.S. retailers abroad.

That’s why it’s wise to carry a no-foreign-transaction-fee credit card abroad.

on Chase's website

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠. .

Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel. .

Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening. .

» Learn more: The best no-foreign-transaction-fee cards

And more international merchants are taking plastic. This wider card acceptance and increased security are reasons travelers are ditching cash, according to the Visa Global Travel Intentions Study 2023, which polled more than 15,000 people in the Asian Pacific region between April and June 2023.

While this type of card won’t help you pay at cash-only businesses or get money for tips, it’s otherwise one of the smartest ways to pay internationally.

» Frequent travelers: Consider a multicurrency account

Try paying in cash dollars

If all else fails, offer to pay in U.S. dollars. In fact, some merchants or individuals accepting tips prefer it in certain countries. You might find vendors willing to give you an even better deal if you pay with U.S. dollars.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2024 , including those best for:

Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card

No annual fee: Bank of America® Travel Rewards credit card

Flat-rate travel rewards: Capital One Venture Rewards Credit Card

Bonus travel rewards and high-end perks: Chase Sapphire Reserve®

Luxury perks: The Platinum Card® from American Express

Business travelers: Ink Business Preferred® Credit Card

On a similar note...

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What’s the Best Way to Exchange Your Currency for a Trip Abroad?

Got an international trip coming up? Need to make a currency exchange? Let us talk you through your options.

December 4, 2023 — 4 min read

When you’re preparing for an international vacation, there’s a lot you need to remember to bring. Between your passport, enough clothes, adapters, it’s easy to fill up a few bags with just the essentials.

However...it’s also important that you don’t forget to bring some money to use on your trip. Odds are, if you’re traveling internationally, you’ll need to make payments in a different currency. What’s the best way to get the money? When should you make the currency exchange?

You have a few different options for exchanging your currency. We’re going to run through your options and let you know what the best option is and what you should do your best to avoid.

4. Using ATMs and card payments

Technically, you don’t need to make any currency exchanges. If it comes down to it, you can just go to an ATM or use a debit or credit card to make your payments. But while this option might sound like the most convenient one (at least as far as your time is concerned), it’s far from the best option.

When you visit ATMs or use your card to make payments in another country (and currency), you’re going to be subjected to numerous service fees and transaction fees each time you withdraw cash or swipe your card. If you’re there for a short time and only plan on making one or two payments that might not be so bad, but if you’re planning on making numerous purchases, these fees can and will add up—fast.

3. Exchanging in person at your destination

Another common option is waiting until you enter the country, and exchanging your currency there. People typically do this at the airport or at a local bank or currency exchange store.

While this method will let you avoid the high transaction fees, it unfortunately will not protect you from unfavorable rates of exchange. These providers are free to set their own rates, and it is very likely (especially if you’re exchanging at an airport kiosk ) that the rates will give you much less for your money than if you transfer elsewhere.

And from a peace of mind perspective, wouldn’t it be nice to have your money taken care of before your arrival? That way, once you arrive, you’re free to start exploring or take a rest, without having to worry about getting money on top of wrangling your luggage and figuring out how to get to your lodgings.

2. Exchanging at the bank before your trip

As we mentioned in the previous section, it’s always nice to have your currency exchange taken care of before you reach your destination. It’s one less item to have on your to-do list when you arrive, and then if something happens upon arrival, you’ll already have the money that you need.

While banks are reliable, easily accessible, and can facilitate a currency exchange for you, they still aren’t the best option. While their rates will be better than those of airport kiosks, banks still come with a few drawbacks —namely, limited working hours, unfavorable exchange rates, and transaction fees.

So where does that leave us? Well...

1. Using money transfer to get currency before your trip

We promise we’re not biased—this really is the best option. Using an online money transfer service to exchange your currency before your trip will allow you to:

Avoid transaction and payment fees

Trust you’ll get a fair exchange rate

Take care of your currency exchange quickly and from your own home

Let you relax knowing that your currency exchange has already been handled.

It’s quick and easy to make an online money transfer. You don’t need to find a physical storefront and worry about business hours—you can initiate one on the go, 24/7, 365 days a year.

Haven’t made an online money transfer before? Here’s our step-by-step guide to the process. Or are you ready to get started now? Visit our Money Transfers page to learn more about Xe and how you can take care of your currency needs now, before you take on that upcoming trip.

Why you need currency exchange services

• How to find the best currency exchange
• Choosing a currency exchange service
• Online vs. physical services
• Exchange rate tips
• Currency exchange regulations

Preparing for currency exchange

How to find the best currency exchange near you.

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate banking products to write unbiased product reviews.

• When travelling, you'll want to figure out what you're doing for currency exchange ahead of time.
• Local banks or credit unions may be the most convenient and affordable place to exchange currency.
• Make sure to check your institution's exchange rates and service fees to get the best trade.

Traveling abroad can be an exciting experience, but it also requires some planning. In addition to making sure your passport is up to date, you'll want to think through how you'll get the foreign currency you'll need while you're away. When it comes to exchanging currency, the goal is to get the best currency exchange rates with the lowest fees.

One of the most common reasons you might need to exchange currency is if you're planning on traveling to another country. It might be tempting to worry about travel money exchange later so you can focus on planning more exciting parts of the trip. Unfortunately, this could cause you to pay much more in fees and bad foreign currency exchange rates.

Before you go on your trip, think about how much money you might need so you can exchange currency while still in your home country. That way, you'll get a better rate, and you won't have to worry about finding a place to exchange currency in another, unfamiliar country.

Business transactions

Depending on who you're doing business with, you might need to make business transactions in currencies you're not familiar with. Knowing where to go to get the correct currency for your transactions will help them go smoothly.

Trading opportunities

If you've ever wondered what forex is , the answer is simple: Forex stands for the foreign exchange market, and it's the name people use to discuss the trade of foreign currencies.

Davide Accomazzo, an instructor of finance at Pepperdine Graziadio Business School , warns that buying and selling foreign currencies is very different from other types of investing or trading you might be used to. 

"Currencies don't really have an expected positive rate of return," says Accomazzo. He says that this is different from something like mutual funds, where you're generally expected to receive some sort of profit over time. This can mean that currency exchange is a more volatile form of trading.

If you're interested in trading currencies, your best bet is to get an online brokerage account. You can also use brokerage accounts for things like stock trading and cryptocurrency exchange.

How to find the best currency exchange near you

Online search tools.

When trying to find a good place to exchange currency, something like a currency converter or an exchange rate calculator can give you an idea of what banks are generally trading these currencies for with each other. You can also check historical exchange rates to see how currencies have compared to each other over time. While this can be a good guide, Accomazzo warns that you probably won't find a bank willing to give you a rate that strong.

Many banks exchange foreign currency on a retail level, so make sure to check your bank's website and see if it offers exchange services for the currency you're interested in. Banks and credit unions tend to offer some of the best exchange rates, and most banks will give you the option of picking up your cash in a local branch or having it shipped to your home address.

Mobile apps

Google Maps can be helpful for finding currency exchange services with good reviews near you. If you use Google Maps, make sure to check if the bank has good reviews, does not charge service fees, and offers a competitive exchange rate.

If you're only looking for international money transfer, an online money exchange app might be a good option. 

With one popular online money exchange site Wise , you can also hold money in over 50 currencies with just one account. Plus, you'll get a debit card with no foreign transaction fees and can make up to $100 in free ATM withdrawals per month.

If your bank has a mobile app, you can also check that and see if it allows you to exchange currency online.

Factors to consider when choosing a currency exchange

Exchange rates.

When exchanging currency, you'll want to keep in mind the exchange rate you're being offered. Exchange rates come in pairs (for example, United States dollars to British pounds), and they tell you how much of the new currency you'll get for your dollar. For example, if you're starting with USD, you might be able to get 0.8 pounds for every one U.S. dollar you trade. 

Generally, these rates follow market trends. However, the exact exchange rate will depend on where you go, so make sure to check ahead of time whether the place you're going offers good rates.

Service fees

There are two types of fees you need to look out for when exchanging currency: service fees and foreign exchange fees.

Some banks, credit unions, and ATMs might charge you a service fee to exchange your funds. Always make sure to check what fees the institution you're working with charges ahead of time; even if one bank offers a better exchange rate than another bank, the deal might be worse overall because of high fees. Don't be afraid to ask for a fee breakdown before going through with the exchange, and keep an eye out for no fee currency exchange services.

These are different from foreign transaction fees , which are fees you'll pay if you use certain credit cards overseas. These are typically a percentage of the transaction you make with that card, and can build up over time. Make sure your card doesn't charge foreign transaction fees before you use it.

Location and convenience

While it's helpful to plan ahead of time for your trip, there are some options that allow you to exchange currency conveniently on the go without expensive fees. 

Many travel-focused credit cards have no foreign transaction fees in addition to offering rewards for travel expenses, like airline tickets and hotel reservations.

If you already have a credit card that doesn't charge foreign transaction fees, this will usually be the simplest way for you to spend money abroad. There's no work to do ahead of time. You can just use your card as you normally would at home.

Also, some travel-friendly checking accounts may offer debit cards that have no foreign transaction fees.

You can also check to see if your bank has any ATMs in the country you'll be visiting. If you have to visit a nonbank ATM and you're given the option of processing the transaction in U.S. dollars or the foreign currency (called Dynamic Currency Conversion), choose the foreign currency. DCC exchange rates are often higher than the rates charged by card issuers themselves.

Online vs. physical currency exchange services

Pros and cons.

There are pros and cons to exchanging currency online and in person. 

If you exchange funds online, you'll have access to a greater variety of places to exchange money from. That means you may be able to get a better exchange rate than if you stick to local places. However, you'll have to check how you'll get the money you've exchanged for: they might ship it to you, or they might have you pick the money up at a local branch. Either way, there's probably going to be some waiting involved.

If you exchange funds in-person, you'll be limited to places that have physical locations near you. You'll also want to call ahead to make sure the place you're trading with has the right currency in high enough amounts for your purposes. However, you'll have someone to walk you through the currency exchange process, and you'll be able to walk right out with the money you traded for.

Tips for getting the best exchange rates

There are three things to keep in mind when looking for the best exchange rates: plan and exchange currency before traveling, compare services to see which one offers the best rate, and keep an eye out for hidden service fees.

The No. 1 best way to get a good exchange rate is to exchange money before you start traveling. Currency exchanges near airports and hotels tend to give low exchange rates because they know you need the money immediately. By having a plan beforehand, you're already getting a better deal than you would otherwise.

Always make sure to compare services before you decide on one. Check the banks and credit unions around you to see if any of them offer good exchange rates, and see if you can get a travel credit card or debit card that won't charge you foreign transaction fees. 

Finally, make sure you keep an eye out for hidden fees. Foreign transaction fees can add up, and high service fees might make a high exchange rate a worse deal.

Understanding currency exchange regulations

At a large-scale, interbank level, currency trading is "actually a relatively unregulated market," says Accomazzo. However, there's more regulation on a personal level because of anti-money laundering regulations. "There's a number of personal details that one has to reveal," Accomazzo says, "to make sure that it's not money laundering."

Check with the institution you're trading with ahead of time to see what requirements they have for currency trading, whether that's in the form of necessary identification, transaction limits, or otherwise.

Identification requirements

Most banks and credit unions will require some sort of identification from you to trade, such as a government-issued ID. Some might also require a proof of address. When you choose who you're trading with, make sure to call ahead and ask what you'll need to bring.

Transaction limits

Some banks and credit unions put limits on how much currency you can exchange at a time. If you're using an ATM, withdrawal fees might also limit how much you can withdraw.

If you're planning on exchanging a lot of currency, always call ahead to see if the bank is able to trade that much. And keep in mind that there are limits to how much physical currency you can bring into a country, if you're traveling.

"Every country is different, but you have a certain maximum amount that you can have in your pocket," Accomazzo says. "That does not apply to limits you have on a credit card, but in terms of actual physical cash, there are certain limits." 

Check the laws of the country you're traveling to ahead of time to make sure you're not bringing too much money with you.

Currency Exchange FAQs

The best way to find a nearby currency exchange is by using online search tools like Google Maps or currency exchange locator websites. If you use a mobile app that's dedicated to currency exchange, it might also provide real-time information on exchange rates. Make sure to check customer reviews to make sure you choose a reputable service.

You can compare rates at different currency exchange services without making transactions to ensure you get the best exchange rate. Some locations might offer better exchange rates for larger transactions, so make sure to ask about available deals or discounts.

Yes, many currency exchange services charge fees or commissions. These can vary significantly between locations. Always ask for a fee breakdown before going through with the exchange.

Generally, you need to provide a valid government-issued ID, such as a passport or driver's license. Some exchange services might also require proof of address or other documentation, especially if you're planning on exchanging a large sum. 

Yes, there are many services that offer online currency exchange. These platforms allow you to exchange money directly from your bank account. They will then send the foreign currency to your home or to a local bank branch for pickup. If you want to use one of these online services, keep in mind that they may offer different exchange rates than a physical location.

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The Best Way to Carry Money Overseas

Sarah Schlichter

Deputy Executive Editor Sarah Schlichter's idea of a perfect trip includes spotting exotic animals, hiking through pristine landscapes, exploring new neighborhoods on foot, and soaking up as much art as she can. She often attempts to recreate recipes from her international travels after she gets home (which has twice resulted in accidental kitchen fires—no humans or animals were harmed).

Sarah joined the SmarterTravel team in 2017 after more than a decade at the helm of IndependentTraveler.com. Sarah's practical travel advice has been featured in dozens of news outlets including the New York Times, the Chicago Tribune, USA Today, Budget Travel, and Peter Greenberg Worldwide Radio. Follow her on Twitter @TravelEditor .

The Handy Item I Always Pack: "A journal. Even years later, reading my notes from a trip can bring back incredibly vivid memories."

Ultimate Bucket List Experience: "Road tripping and hiking through the rugged mountains of Patagonia."

Travel Motto: "'To awaken quite alone in a strange town is one of the pleasantest sensations in the world.'—Freya Stark"

Aisle, Window, or Middle Seat: "Aisle. I get restless on long flights and like to be able to move around without disturbing anyone else."

Email Sarah at [email protected] .

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Before you leave for your next trip abroad, take a moment to think dollars and cents — or should we say pounds and pesos? Get the most for your money overseas by doing a little homework first.

The most important step is to know your options. In decades past traveler’s checks were the most popular way to carry money overseas — but today’s travelers are much more likely to rely on credit cards and ATM withdrawals, which usually offer better exchange rates and lower fees.

What’s the best option for you? And how can you avoid those pesky currency conversion fees when making purchases abroad? Read on for answers to these questions and a comprehensive roundup of all your currency conversion options when you’re traveling overseas.

Credit Cards

Best for: Large purchases such as airline tickets, hotel bills, car rentals and restaurant meals.

Pros: The biggest advantage to using credit cards while traveling overseas is that credit card purchases are exchanged at the interbank exchange rate, usually the best rate you can get for currency exchange. While most credit card issuers charge currency conversion fees each time you make a purchase in a foreign currency (generally 1 percent from Visa or MasterCard plus an additional 1 – 2 percent for themselves), these fees are typically lower than those you’d pay to convert your own currency at a change bureau. And there are a few cards out there (many from Capital One) that do not charge any foreign transaction fees at all, not even the ones from Visa or MasterCard. Check out Airfarewatchdog , SmarterTravel’s sister site, for a list.

Cons: Some restaurants, stores and even hotels won’t take credit cards, so you’ll need to have cash on hand at all times. While you can use credit cards to get cash advances at ATMs, bear in mind that they’ll be subject to any finance charges your credit card company imposes — which can add up very quickly. Plus, if you’re not home by the time the bills come in and you haven’t made arrangements to pay them, you’ll be hit with hefty finance charges on these advances.

One problem for U.S. travelers is the growing prevalence of “chip-and-PIN” credit cards in Europe, Asia and South America. Designed to reduce fraud, these cards rely on an embedded chip that transmits information to a merchant, which the consumer then verifies by entering a PIN. While U.S. cards with magnetic stripes will still work as long as there’s someone to swipe them, many travelers report problems using their cards in ticket vending kiosks, at gas stations or in other places featuring automated payment machines. If you find yourself in this dilemma, your only alternatives are to find an attendant to scan your card or to use cash instead.

These cards are slowly becoming more available to U.S. travelers. Check out CardHub.com for a list.

What You Need to Know: The first thing you should do if you are traveling abroad with a credit card, even if you only plan to use it in case of an emergency, is to call the issuer and ask which fees will apply to your purchases, both in local currency and in U.S. dollars. We recommend calling before each trip, as these policies may change without notice.

While you’re on the phone, let your credit card issuer know when and where you will be traveling — that way the sudden international activity on your account won’t trigger your issuer’s fraud alert system. As a precaution, we recommend bringing two credit cards on your trip in case one stops working. Finally, get a phone number that you can use to call the company from overseas if your card is lost or stolen. (The 800 number on the back of your card typically will only work in the U.S. or Canada.)

Some merchants (particularly in Europe) offer what’s known as dynamic currency conversion, which means that they’ll charge you in dollars rather than the local currency. Because some card issuers will waive the currency conversion fee if your overseas purchase is made in dollars, dynamic currency conversion could help you save a few coins. However, keep in mind you’ll almost always get hit by a conversion fee from the merchant instead — sometimes up to 5 percent — so you may end up losing out on the deal. Be sure you know which fees apply to either option before deciding which currency to use.

A few other caveats to bear in mind: Some hotels and car rental companies may put holds on your credit card for the amount of your total expected bill. This can use up your credit line before you’ve actually incurred and paid for the charges. All merchants are supposed to inform you if they do put a hold or “deposit” on your card. If they do, make sure you clarify that the hold has been removed when you’ve paid your bill in full.

Keep in mind that you may not have as much protection overseas as you do at home when problems arise over inaccurate charges. Incidents are always being reported of travelers being charged twice for the same item or for items they never purchased, and credit card companies are not always willing or able to intercede on their behalf. Always watch merchants imprinting your card and keep your receipts. After you get home, check your credit card statement. If you see charges you didn’t make, call your creditor and ask them to dispute the charges.

Neck Wallet

Designed to be worn under clothing, this RFID blocking neck pouch offers an added layer of security for any important credit cards when traveling abroad. This wallet is discreet while still keeping your essentials in easy reach and is offered in neutral colors!

Debit and ATM Cards

Best for: Getting cash in local currency.

Pros: You’ll get the same great interbank exchange rate when you make cash withdrawals with your debit or ATM card as you do when you make a credit card purchase. With ATMs available in major cities and airports all over the world, this is generally the cheapest and most convenient way to get cash in the local currency.

Cons: Each cash withdrawal you make will usually be subject to currency conversion fees, foreign ATM fees or other charges from your bank and/or the local bank that maintains the ATM. For more information, see ATMs Abroad . Debit cards work pretty much the same as regular credit cards for purchases, but if your card is lost or stolen you may not have the same protection. By U.S. law, as long as you report your card missing within two business days, your maximum liability for use of that card will be $50 — the same as for a credit card. However, if you wait any longer, you could be responsible for hundreds of dollars in unauthorized charges.

What You Need to Know: If the ATM card from your home bank isn’t connected to the worldwide Cirrus or PLUS networks, you may want to look into getting a MasterCard or Visa debit card. While they look and can be used like regular charge cards, they actually debit your checking account the same way your ATM card does.

If you are renting a car, you should be aware that debit cards are not always accepted and may sometimes be subject to additional red tape.

Finally, don’t forget to call your bank and make it aware of your travel plans; as with credit cards, sudden international activity using your debit card could cause your account to be frozen.

RFID Blocking Wristlet

This stylish wallet comes complete with RFID blocking function so you have an added layer of protection when it comes to keeping your finances secure while traveling. Not only does it easily fit your important credit cards, identification, cash and your phone, the classy exterior looks amazing with any outfit!

Best for: The first 24 hours of your trip — to tide you over until you can find the nearest ATM.

Pros: It’s often a good idea to get some foreign currency before you leave home so that you have cash on hand to handle your immediate expenses — like buying a meal at the airport or taking a cab to your hotel. This way you’re not stranded without cash if the airport ATM isn’t working or you arrive after the local exchange bureau has closed.

Cons: You typically won’t get a great conversion rate from your home bank, and you may also have to pay fees or commissions. If you’re traveling to a major international airport in a large city, which will likely have multiple ATMs and change counters, getting currency beforehand probably isn’t necessary.

What You Need to Know: You can get foreign currency from your local bank, online or at the airport. Try your local bank first, as they may waive fees for certain accountholders. We recommend bringing $100 – $150 worth of foreign currency. See Buying Foreign Currency: Get More Bang for Your Buck for tips.

Bra Stash/ Belt Loop Wallet

The Silk Undercover Bra Stash: this stylish, discrete wallet is meant to be worn under-clothing or attached to a belt loop for extra security. This wallet is designed to keep your cash secure and hidden. The silky smooth material comes with a moisture resistant lining for maximum comfort.

Traveler’s Checks and Prepaid Cards

Best for: Emergency backup if you can’t find a functioning ATM (checks) or a secure alternative to cash (checks and check cards).

Pros: Traveler’s checks and check cards provide more security than cash because they can be replaced (usually within 24 hours) if lost or stolen. While traditional traveler’s checks have largely gone the way of the dinosaur, Visa and Travelex offer travel cards that are prepaid like traveler’s checks but work like credit cards for purchases and ATM withdrawals. To avoid the aforementioned problems that U.S. travelers have at overseas chip-and-PIN machines, Travelex even offers a chip-and-PIN card called Cash Passport (available in several different currencies). Traditional checks from American Express are still sometimes useful as currency if you can’t find a functioning ATM.

Cons: The exchange rate for traveler’s checks is not as favorable as the interbank rate you’ll get when using a credit or debit card, and very few merchants accept the checks for purchases these days. You’ll also have to pay commissions, shipping charges and/or conversion fees to purchase and cash the checks. The prepaid cards have plenty of fees too — look out for activation fees, charges for reloading the card, ATM charges or inactivity fees. In most cases, you’re probably better off using your own debit card.

What You Need to Know: Keep your checks’ serial numbers in a secure but separate place from the checks themselves in case they’re lost or stolen.

Hidden Wallet

This RFID blocking wallet safely stores cash, passports, credit cards and fits all iPhone models and provides a safe guard between your belongings and any pickpockets.

Sending Money Overseas

Best for: Emergencies when you need money sent overseas in a hurry.

Pros: If you find yourself stranded overseas without cash, someone at home can wire money to you and you’ll have it within a day — or even a few minutes.

Cons: Fees for sending money abroad can run anywhere from 1 to 10 percent or more; in general, the faster you need the money, the more expensive it will be.

What You Need to Know: The best-known companies for sending money are Western Union and MoneyGram. Both charge variable fees depending on how much money you’re sending, where you’re sending it and how your recipient will access it. The slower the service you choose, the more economical the price.

Other choices for sending money abroad include bank wire transfers or international postal money orders from the post office. While less expensive, these methods may take more time.

More From S marterTravel:

• 10 Travel Money Mistakes to Avoid
• A Newbie’s Guide to International Travel
• 11 Ways to Prevent Identity Theft While Traveling

We hand-pick everything we recommend and select items through testing and reviews. Some products are sent to us free of charge with no incentive to offer a favorable review. We offer our unbiased opinions and do not accept compensation to review products. All items are in stock and prices are accurate at the time of publication. If you buy something through our links, we may earn a commission.

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Understanding Exchange Fees

• Exchanging Currency Home & Overseas
• Credit vs. Cash for Foreign Transactions

Other Travel Tips

Worst places to exchange currency, when to exchange currency, the bottom line.

• Personal Finance
• Budgeting & Savings

Where to Exchange Currency Without Paying High Fees

Brandon is a professor of finance and financial planning. CFP, RICP, and EA, and a doctorate in finance from Hampton University.

Tsuji / Getty Images

Travelers should look to convert their currency before embarking on a trip or know where to go to save on changing money while abroad. Trading currency at a hotel or even a currency kiosk in an airport or elsewhere in the country can be costly due to poor exchange rates and high fees. The best options are more likely to be associated with your local bank or credit union, so it's important to plan ahead when it comes to exchanging currency.

Key Takeaways

• Because of high currency exchange fees, travelers should consider converting their currency before traveling.
• Banks, credit unions, online bureaus, and currency converters provide convenient and often inexpensive currency exchange services.
• Once on foreign soil, the best means to convert currency is to use a foreign automated teller machine (ATM) or identify whether your bank has ATMs or banking affiliates nearby.
• Many credit and debit card issuers allow users to purchase items overseas using their cards without foreign transaction fees.

Currency exchange fees play a crucial role in the global financial landscape. These fees are the charges applied by financial institutions or currency exchange services for converting one currency to another. Financial institutions that provide currency exchange services take on the risk of price fluctuations; if they hold one currency and it goes down in value, they theoretically need to be compensated for holding this currency.

Behind the scenes of a currency exchange transaction, there are significant operational costs as well. Banks have to keep up with maintaining the necessary infrastructure and technology. Financial institutions also need to invest in secure and efficient systems to ensure they're using accurate exchange rates. Exchange fees help cover these operational costs.

Last, financial institutions are profit-driven entities. Banks and similar entities are in the business to make money. Offering currency exchange services is one way they generate revenue. While competition in the market helps keep fees competitive, financial institutions still need to generate sufficient income to remain sustainable and one way they do this is by charging fees for certain services.

Exchanging Currency at Home and Overseas

With the context of why fees occur behind us, let's start digging into how to avoid fees. You can begin by finding out what a fair exchange rate is for the country or countries you'll be visiting. Check key currency exchange websites first. The following are some of the best and least expensive places to convert currency:

• Local banks and credit unions usually offer the best rates.
• Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas.
• Online peer-to-peer foreign currency exchanges
• Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Ordering cash online will likely include delivery charges, and the exchange rate won’t be as good as with your bank; however, this is still a better option when compared with the must-avoid options below.

The best option for exchanging currency and saving fees is to use a foreign ATM or your own bank's ATMs overseas, if possible.

Piggybacking on the suggestion above, if you don’t have time to get the foreign currency before leaving or don’t want to carry a lot of cash, check to see if your bank has ATMs in the destination country or its cities . It may even have banking affiliates there. A key tip is to use an ATM within the airport as soon as you arrive.

When you’re back in the U.S., head to your bank or credit union to transfer any leftover foreign currency to U.S. dollars. It's important to note that some banks will not take foreign currency. As a last resort, if you have foreign currency left over before you depart the country you're visiting, look to convert it at an airport kiosk or a store before leaving.

Using Credit vs. Cash for Foreign Transactions

The world has become so digital that most people no longer walk around foreign countries with traveler's checks and money belts. That’s why you should take both a no-foreign-fee debit card and a no-foreign-transaction-fee credit card with you. The likes of Chase, Bank of America, Capital One, and other major credit card issuers offer specific no-foreign-transaction-fee cards.

It is best to primarily use a no-transaction-fee credit card , rather than cash, on an overseas trip as it will likely offer fraud protection ; use currency only as a backup. You can replace lost or stolen credit cards, but lost cash can never be replaced.

However, don’t use your credit card for a cash advance to receive foreign currency. Doing so means you’ll get hit with a cash advance fee and a high interest rate that starts accruing immediately.

The widespread use and enhancement of technology have helped make using credit and debit cards possible in most parts of the world. However, there are exceptions, so it is worth investigating whether your destination accepts debit or specific cards before you go on a trip.

One thing to do before traveling abroad is to let your bank and credit card companies know of your travel plans, although some banks are moving away from encouraging this practice. That way, if you use your credit or debit card abroad, these companies won’t cut off access to your account due to concerns of fraud.

Also, avoid paying in U.S. dollars while outside the country when possible, even if a merchant offers to convert them for you. This includes paying with a credit or debit card. The merchant would likely convert at a rate that’s disadvantageous to you and charge fees. The same goes for paying with U.S. dollars in the form of cash.

Some places that you should avoid for exchanging currency are:

• Airport kiosks and stores when heading to a country (not to be confused with airport ATMs): Plan ahead, as airport kiosks generally charge some of the highest fees and have the worst exchange rates. When returning to the U.S. with foreign currency to trade in, however, this sometimes might be the only option.
• Traveler’s checks and prepaid debit cards: These are not efficient and often carry various transaction fees. They add little benefit, in terms of security, when compared with cash. Prepaid debit cards also come with card fees, foreign transaction costs, and ATM-use charges.  
• Hotels and tourist areas: Similar to airports, hotels and tourist-centric areas may provide convenience, but they generally charge higher fees for currency exchange. These locations cater to tourists who may prioritize convenience over cost-effectiveness.
• Remote locations: In remote or less frequented destinations, currency exchange options may be limited, and providers may take advantage of the lack of competition by charging higher fees. It may also be more administratively burdensome to replenish and monitor these sites, so entities may charge higher fees in return.

Throughout this article, we've talked about it's best to optimize your foreign currency exchange before your trip. Even in international cities you should avoid last-minute exchanges and utilizing tools like limit orders or rate alerts in advance of your trip can help secure more favorable rates. Additionally, staying informed about economic events that may impact currency values allows for strategic timing.

There's a few other bits of advice on timing. The currency markets operate 24 hours a day during the business week, but they usually close over the weekends. During these market closures, there is no active trading, and as a result, liquidity tends to be lower. Lower liquidity can lead to wider bid-ask spreads, making it more expensive to execute currency transactions.

In addition, holidays can have a similar impact on currency markets. On public holidays, financial institutions and markets in specific countries may be closed, leading to decreased trading volumes and liquidity. This reduced liquidity can again result in wider spreads and less favorable exchange rates.

Where Can You Exchange Currency?

Banks, credit unions, and online currency exchange bureaus and converters provide convenient and often inexpensive currency exchange services. Also, your own bank's overseas ATM or a foreign bank's are ways to get local currency with a credit card or ATM card once you have arrived. Among the worst options are trading currency at a hotel or a currency kiosk in an airport or elsewhere in the country because these can be costly due to poor exchange rates and high fees.

What Are the Alternatives to Exchanging Currency?

Travelers can rely solely on their credit cards for purchases, if accepted everywhere in a country being visited. It's also still an option to bring traveler's checks, although these mostly have been supplanted by the widespread use of credit cards today. You can also choose to spend U.S. dollars in some instances while overseas, but this practice isn't recommended because the exchange rate given in a foreign country is often disadvantageous to the purchaser.

What Can I Do With Leftover Foreign Currency?

When you’re back home, you can go to your bank or credit union to transfer any leftover foreign currency into your own country's currency. Be aware that some banks will not take all foreign currencies. As a last resort, if you have foreign currency left over before you depart the country you're visiting, look to convert it at an airport kiosk or a store before leaving.

If you do a little homework before leaving for your trip by checking exchange rates, you’re likely to save. Remember to stick to ATMs and no-transfer-fee credit card spending, and avoid exchanging money at airport kiosks, hotels, and buying things with U.S. dollars to avoid costly exchange rates and fees.

Bank of America. " Foreign Currency Exchange ."

Bank of America. “ Placing A Foreign Currency Order FAQs ,” See “How can I exchange foreign currency for U.S. dollars?”

Chase. " No Foreign Transaction Fee Credit Cards ."

Bank of America. " Credit Cards With No Foreign Transaction Fees ."

Capital One. " Credit Card Frequently Asked Questions ."

Chase. " Do I Need to Notify a Credit Card Company When Traveling? "

Wise. " Why You Should Not Exchange Currency at the Airport ."

Consumer Financial Protection Board. “ What Types of Fees Do Prepaid Cards Typically Charge? ”

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Travelers Ask, Cash, What’s That?

In a transition hastened by the pandemic, increasingly you can travel abroad and barely ever handle a physical bill or coin, whether pounds, kroner or euros. A guide to going cashless overseas.

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By Beth Harpaz

On a recent trip to England, Andrew Dodson, 35, and his wife, Erin, 32, who live in Traverse City, Mich., had an unexpected problem: No matter how hard they tried, they couldn’t spend the 700 British pounds they’d brought along.

“We traveled all around the country, including many small towns in the Lake District and the Cotswolds, and even the tiniest of pubs took cards,” said Mr. Dodson, a content marketing manager for TentCraft, a manufacturer of customized tents and accessories. “Many wouldn’t even accept cash. As we approached the end of our trip, we went to a nice dinner at this Indian restaurant where we hoped to spend off some of the cash we converted, only to be told they don’t accept cash anymore.”

Finally, their London hotel let them pay their balance with cash so they wouldn’t have to bring the pounds home and reconvert them to dollars.

For American vacationers, traveling overseas used to involve the ritual of obtaining local currency, whether from a bank at home before heading off, or from an A.T.M. or currency exchange at their destination. But in a transition hastened by the pandemic’s preference for contactless payment, increasingly you can travel abroad and barely ever handle a physical bill or coin, whether pounds, kroner or euros.

“I’ve had the same 10 euro in my purse for weeks,” said Julene English, 62, a Fairfax, Calif., retiree on her first international trip since the pandemic, a three-month sojourn with her husband in Italy, France and Britain.

Consumers and the travel industry are both playing a part in the trend toward cashless trips. Travel suppliers and service providers have “adopted technology to facilitate online transactions and payments,” while consumers have become “more familiar and comfortable with contactless payments,” said Charuta Fadnis, a senior vice president for research and product strategy at the travel industry research firm Phocuswright . “Paying with a tap of their cards or phones is a behavior that is expected to persist.”

Of course, the move to cashless travel didn’t start with the pandemic. The increased use of digital payment options and mobile wallets is a long-term trend that’s been going on for the last 10 years in Asia and the last three years everywhere else, said Michael Orlando, the chief operating officer of the global payments company Yapstone .

“But there’s no question that the pandemic helped shift that trend into high gear,” said Matt Schulz, the chief credit analyst at LendingTree , the online loan company. Not only did consumers start ordering more things online and by cellphone when the pandemic started, but there was an aversion to handling physical money, especially early on when less was known about how the virus spread. “People just felt more comfortable handing over their plastic or using things like QR codes and mobile pay apps than using cash,” he said.

If you’re heading abroad this summer for the first time since the start of the pandemic, here’s what you need to know about when you’ll need cash (tips, restrooms), when you won’t (shops, restaurants), and how to optimize your credit card, bank card and digital payment options.

Tap, don’t swipe

These days, many vendors outside the United States only accept contactless cards. On his trip, Mr. Dodson said he kept trying to “insert the chip or even swipe on a mobile card reader that the waiter would bring by, only to be reminded that ‘You must tap.’”

Ben Soppitt, the C.E.O. of Unifimoney, a digital wealth management platform, said contactless technology has been the “de facto standard for almost a decade” in many places outside the United States. Indeed, Mastercard reports that half its transactions worldwide are now contactless.

Check your cards before you head overseas and if they don’t have the contactless payment symbol (a series of four curved lines), call your credit card company for a replacement before you travel.

Make sure any card you take abroad waives foreign transaction fees, since you don’t want to replace the currency exchange commission with an even higher credit card fee, which can run as high as 3 percent of every purchase. If you need a new card to avoid fees, Nick Ewen, the director of content at the Points Guy, a website that covers reward travel and related issues, said the Capital One VentureOne is a good choice.

And if you’re asked whether you prefer to be charged in local currency or in American dollars, choose local currency to avoid paying “steep conversion fees,” counsels Max Jones, a travel adviser with the Virtuoso Network and owner of the concierge agency Change Travel.

An added benefit with contactless cards is that they can be used for bus and train fares in many places (including New York City). No more paying extra for a transit card, no more guessing how much money to load on it, no more navigating confusing instructions at a kiosk. Combine the ease of contactless fares with directions from an app, and you’ll be using public transit like a native.

Have a digital backup plan

Nicole Gustas, 51, of Somerville, Mass., the marketing director for International Citizens Insurance, which sells travel and other overseas insurance, said she was “caught flat-footed more than once” in New Zealand and Australia because her credit cards weren’t contactless and merchants couldn’t process them. To get around the problem, she installed Google Pay on her phone.

In fact, it’s not a bad idea before your next trip to set up a digital wallet (like Google Pay or Apple Pay) connected to your bank account or debit card and become familiar with how it works in case you need a credit card alternative.

Jenny Ly, 29, a California-based blogger for the travel guide site Wanderly, said she was surprised to find “we don’t accept cash” signs on a trip to South Africa this year. “Many countries were already heading toward a cashless world before the pandemic, but Covid has expedited the usage of contactless payments via QR codes at checkout,” she said.

Once the QR code is scanned via your phone’s camera, you complete the payment with a digital wallet or by entering credit card information. But be careful, Ms. Ly said: “Malicious QR codes can be used to divert money, steal sensitive information and install malware.”

You might want a little cash

Despite the ubiquity of cashless payments, you may still end up needing some physical currency. “It really depends how far from the beaten path you’re going,” Mr. Jones said. “If you’re in a city, in London, for example, or if you’re on a group tour, you should be 100 percent OK relying on a card. But if you’re backpacking or going to small stores, small restaurants, no matter where you are in the world, there’s a decent chance you might have to use some cash.”

It also varies by country. Germany was a mostly cash economy until the pandemic, Mr. Jones said, but many previously cash-only vendors there now “have signs out that say ‘We prefer contactless payments.’” In contrast, Scandinavia, Australia and New Zealand have “been super pro-card in the last 10 years.” Spain and France, like Germany, remain a mix, he said.

And having some loose change on hand can be helpful. To use a restroom in the train station in Bratislava, the capital of Slovakia, Hana Pevny, 60, who owns the Waldo Emerson Inn in Kennebunk, Maine, was “forced to get euros out of an A.T.M.” on her otherwise cashless trip to that country, Hungary and the Czech Republic.

Using a car can also trigger a need for cash. Toll roads don’t always accept U.S. debit or credit cards, and parking may require coins. Theola Tinny, 28, a co-founder of the tech start-up VinPit , who lives in New York, recently traveled to Kuala Lumpur, Malaysia. Credit cards were widely accepted in restaurants and stores, but when she and her family drove outside Kuala Lumpur, they had to “withdraw money and buy a can of Coke in order to get small change for the parking ticket.”

Another use for cash: “There might be some places where tips are very much appreciated, where you can only do it in cash, so it’s important to have $100 in small bills for the maid in your hotel room or somebody who helps you with your luggage,” said Pauline Frommer, the editorial director for Frommer guidebooks and website.

Beware of A.T.M. fees

In case you do end up needing an A.T.M. abroad, find out in advance “if your bank has any international partnerships that will waive A.T.M. fees,” said Mr. Ewen of the Points Guy. “Bank of America has partnerships with banks around the world, for example.”

Mr. Jones advises his clients to open a free Charles Schwab account, deposit a few hundred dollars, and use Schwab’s debit card for A.T.M. withdrawals abroad. Schwab reimburses A.T.M. fees, and this way you’re protected against bigger losses if your data is stolen by an A.T.M. skimmer.

Beth Harpaz is a copy editor at the Forward, a Jewish news site.

52 Places for a Changed World

The 2022 list highlights places around the globe where travelers can be part of the solution.

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An earlier version of this article included an incorrect title for Michael Orlando of the global payments company Yapstone. He is the chief operating officer, not the chief executive officer.

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Helpful Money Tips for International Travel

Written by Becca

Updated on April 15th, 2024

We cover how to bring and spend money when traveling internationally, if you should exchange money before leaving for a trip and the best way to exchange money when abroad.

This article may contain affiliate links. We earn a small commissions when you purchase via those links — and it's free for you. It's only us (Becca & Dan) working on this website, so we value your support! Read our privacy policy and learn more about us .

Table of contents

• Bring some fresh USD bills from home
• Get familiar with exchange rates!

Researching currency fluctuations

• Track foreign exchange rates over time
• Ask around in your network for foreign currency
• Get foreign currencies at your home bank
• You can withdraw local currency when you land in the airport or cross over land
• Exchange at a bank when you arrive
• Put an international travel advisory on your credit card account
• Getting the daily exchange rate on credit purchases while abroad
• Determine the extent of acceptance for different credit card companies
• Know your transaction fees on your travel credit card
• Using credit abroad and leaving tips
• Choose the local currency correctly and optimally
• Use a checking account that reimburses ATM fees, and start now
• Check out a travel pricing index for destinations abroad
• Calculate spending each day or week during a trip abroad
• Figure out your spending average for your trip budget
• Save foreign currency for future trips
• Ask around in your network to offer international money

Are you about to leave home for a trip somewhere cool abroad?

You’re probably thinking, “Oh, shoot. I forgot to figure out if I’m going to need to get cash in this foreign country. And how much cash should I travel with, internationally?” Let’s jump right in with the most important question:

How much cash should you travel with internationally?

There’s really no one-size-fits-all answer here because there are so many factors at play. First, consider where you are going. Some places might be a culture where cards are accepted everywhere. I traveled to Taiwan and Amsterdam , I don’t think I used cash once.

For other places like Medellin and Mexico City, I rarely used a card!

Now that you’ve accessed your primary payment method, you can ballpark how much you need for a few days. You shouldn’t take out all of your cash at once, because anything can happen. You can leave some in the hotel room and someone comes into your room and takes it. You can be pickpocketed . You never know!

One tip, is that if you know you need cash getting to your hotel from the Airport, bring that exact amount with you before you arrive. Airport taxi’s never claim they have change, and they’ll usually round up because “they don’t have change”.

You might not want to take out money frequently at ATMs because of the fee. Depending on how much it costs, consider that the fee is way less than losing a few days worth of cash. Also, some banks offer ATM reimbursement, even internationally. One of my checking accounts, Fidelity, offers this, and it’s never been a problem to get refunded the ATM fee.

Lastly, if you end up with a surplus of cash, don’t keep it all in one place. Keep some with you and distribute it throughout all of your luggage. Try to not stash it in the room where you are staying because you can forget it exists and leave without it. You can literally be leaving money on the table.

Have some USD with you

You should bring cash in USD (or your home currency) with you on your trip as backup currency in case you wind up with a malfunctioning credit card or ATM card.

Bring some fresh USD bills from home

I have always had some crisp USD twenties or fifties in my wallet when I left home for a trip.

Having this money has come in handy for exchanging upon arrival, ordering tourist visas upon arrival and sometimes, a national park entrance fee (charged in USD) here and there.

While living in NYC , I would go to a bank on my lunch break several days before leaving the country for an international trip and would stand in line at a bank. I’d request $200 or so worth of twenty-dollar bills, requesting super crisp ones for this purpose exactly.

I would have these with me, stashed away in a secret and unassuming part of my luggage, in case I needed to use them for exchanging, visas or other surprise expenses (this happened frequently in Africa).

Why do crisp USD bills matter when traveling abroad?

The reason for getting super crisp twenty-dollar bills is that local banks abroad don’t typically accept smaller denominations, and they certainly don’t like bills with writing, crinkling, folds, chunks missing, torn edges or faded writing.

I’ve experienced sometimes that banks will turn away bills that are less-than-perfect. This is something you want to get right the first time.

For visas on arrival (Zambia and Zimbabwe, to name two countries with this policy off the top of my head), you will also need cash, and such visas must be purchased with perfectly un-damaged bills.

Find out and track foreign international currency exchange rates

I personally think foreign exchange rates are fun and interesting.

Edit: I think it’s fascinating and worthy of keeping in an app in my phone for travel days.

Foreign currency exchange rates are like a gamble of their own, and I find exchange rates and fluctuations over time to be incredible.

Get familiar with exchange rates!

I first had to get familiar with foreign exchange rates when I lived and worked in Shanghai, China, from 2010 to 2012.

While working there, I was paid in US Dollars due to an agreement in past years with American staff hired from abroad.

I worked in China during the first year when the Chinese Yuan started slipping in its rate with the US Dollar, and this hurt my salary.

The Americans who worked at my school and I would race to the bank on Fridays after pay day to request conversions of our USD into Chinese Yuan for spending, as soon as possible.

The catch was that the rate would slip day by day. If we didn’t act fast, we’d lose our hard-earned money to the fluctuation. Some days we’d look at XE.com and admire small increases in the USD to Chinese Yuan, and other days we’d look in disgust at a small dip.

Nowadays, I look at exchange rates when I travel.

There are some places, like Hong Kong, that have currencies pegged to the USD. (Did you know that? Such a fun fact.)

This is interesting as well because, at any given point, you can go to Hong Kong and presume that the rate won’t have changed much (unless something totally unexpected happens).

I follow currency rates around the world so that I can think up places to go where my dollar will go further.

When I went to South Africa in summer 2016, I lucked out big time. The following is a story about how a foreign exchange rate can make you a king.

Somewhat fortunately for Americans, the South African Rand weakened a whole lot that year.

This caused our US Dollar to have almost two and a half times more buying power than only two years before for American travelers.

I was eating steak dinners and having South African wine for $25 and having cocktails at restaurants for $4. Had I gone in 2013, that steak dinner would’ve been $75 in my home currency, and the cocktail would’ve been $12, just like in NYC.

Right now, the same thing is happening in Argentina , a place where the economy affects the currency a whole bit.

When I went to Argentina , the exchange was approximately 14 Pesos to a USD, and now it is hard to even pin down how much the Argentine Peso is worth in Dollars because it fluctuates constantly. I recommend checking out Xe.com.

This means Americans have 5 times (more?) of the buying power we did four years ago.

Fun fact: traveling to Argentina will also get you steak dinners, wine and cocktails, so I definintely recommend it. :-)

Track foreign exchange rates over time

To track foreign exchange rates, use XE.com, which you can read about in our favorite apps for travelers article .

I also use the XE.com app for my phone. The mobile app is free, and you can choose nine of your favorite currencies to track against your home currency.

The rates update immediately, and you can also look into the charts that are available to show currency changes over time in one-day to ten-year intervals.

Get local currency for your international destination before you travel

There are several ways to get local currency before you leave for a trip abroad. I’m going to list a few ways that are my favorite hacks of getting international money before my flight.

Ask around in your network for foreign currency

First, you can always ask on Facebook if anyone in your friends network has the currency of where you are headed.

When I went to Portugal (or was it Spain?) in 2016, I posted on Facebook, “Does anyone have Euros they don’t need?”

I got several replies and met up with a friend who had leftover Euros from a previous trip.

I landed in Europe armed with Euros so that I didn’t have to get to an ATM so immediately. I like to land in a new destination abroad already armed with local currency, so that I can take an airport taxi into town or buy some snacks in case (worst case scenario) the ATMs reject my ATM card.

Get foreign currencies at your home bank

A second way to get local currency is to head to a bank and ask if they have Euros, Pesos, Yuan or Yen, etc., in stock.

For currencies that are rarer (Sri Lankan Rupees, Peruvian Soles, Vietnamese Dong… to name a few), your chances are a bit slimmer.

Sometimes, you can request these in advance from a bank and they can let you know how soon they can receive them for you to exchange before you leave.

If you’re going to, say, Guatemala, and you’re looking for Guatemalan Quetzales (the currency there), you could call your local bank branch a month before your flight leaves and ask if they can order the currency for you to pick up and trade.

You can withdraw local currency when you land in the airport or cross over land

The last few ways to get local currency of your destination happen when you land. Upon arrival, you can withdraw from an ATM with your ATM card in the airport.

When withdrawing from ATMs abroad, you will typically get charged a fee by the foreign bank (and maybe your bank as well).

To avoid this, you can use a bank that reimburses foreign ATM fees. I’ll get into this very soon.

Exchange at a bank when you arrive

Although I do not recommend doing this, as per the benefits of the methods mentioned above, you can also exchange your home currency for local currency at a bank when you land.

You may receive a less-than-optimal exchange rate.

If you’re going to be potentially exchanging money at banks abroad, make sure your bills are crisp, clean and undamaged!

Absolutely use a credit card whenever possible when you travel

If you have a credit card that waives all foreign transaction fees, then yes: you should use your credit card when you travel internationally with no hesitation.

Put an international travel advisory on your credit card account

One of my favorite things to do before I leave for a trip is to call my credit card company, talk to a human, and let them know which countries I’ll be in, so that they do not flag my purchases as fraud and block my usage.

It pays to take care of this beforehand so that you don’t have to deal with issues when you leave your country and may not have a way of making calls.

Nowadays, many credit card companies say, “You don’t have to call us to tell us about a travel advisory anymore!”

It seems credit card companies have gotten smarter, and the Internet knows so much about where you go that maybe by now it’s all linking up and they know when you left the country anywhere due to your Instagram (just an idea).

Getting the daily exchange rate on credit purchases while abroad

Spend money on your credit card while you’re on your international trip.

You’ll also get the conversion at the daily exchange rate when your purchase posts.

I use a travel credit card whenever I can, so that I can continue travel hacking and increase my points and miles. This lets me cash in for free flights further down the line when I have enough saved up!

I also find it helpful to review my purchases and spending in an app like the Chase app, so that I can see if there’s anything that was charged incorrectly, any foreign transaction fees I have to know about. Having an app on the go lets me assess my spending while I’m on the road.

Determine the extent of acceptance for different credit card companies

In my experience, Visa is most widely accepted worldwide.

American Express and Mastercard are accepted somewhat outside the US, but it is always best to have multiple credit cards.

Some stores or restaurants may turn away Visa, and if you have multiple types, you’ll have another option ready.

Even at home I’ve sometimes had my Mastercard rejected, while my Visa gets accepted. So, we definintely suggest having two credit cards with you for this reason.

Some businesses might also charge fees for using credit, or may have charge minimums.

Be prepared for these kinds of setbacks, and have cash ready as backup as well.

Know your transaction fees on your travel credit card

When using credit, ask in local businesses if there is an extra charge for a credit card transaction.

In several hostels and hotels in different parts of the world, I’ve experienced being quoted a 3% transaction fee for using a credit card; this is typical for small businesses, as they aim to offset the costs of using credit in their stores.

Sometimes I’ll change my mind and use cash, or sometimes I’ll go with the fee if it’s not turning out to be too hefty.

I have mostly seen this abroad when booking excursions or paying for a night in a hostel.

For this reason, it’s good to have a few hundred dollars worth of local currency with you if for some reason a place does not accept credit at all. An example of this would be a local guesthouse, a cash-only restaurant, a taxi you have to take when there’s no ride share service available or a bus booking.

Using credit abroad and leaving tips

One more consideration is the use of credit in cafes and restaurants internationally.

In some countries where credit cards are accepted, the tip is not included in your bill and can’t be added after the transaction.

If you want to leave tip on card, you have to remember to tell your server to add 10% or 15% (depending on local norms) as they are processing the transaction.

Choose the local currency correctly and optimally

In my experience, if you have a choice of USD or EUR, for example, when your credit card is in the reader, pick the foreign currency .

You will nearly always get a better deal.

I always avoid choosing US Dollars in these instances, and I’ve even done the math after making the mistake of picking USD that I had lost out.

Avoid foreign transaction fees at all costs

I haven’t been charged a foreign transaction fee in my lifetime, and you shouldn’t be being charged them, either.

For traveling, open a credit card account that has travel benefits like no foreign transaction fees.

We both use Chase Sapphire Reserve and we’ve now started using Wells Fargo Propel card as well.

Use a checking account that reimburses ATM fees, and start now

For ATM fees, as I mentioned above, I no longer get charged those, either.

Dan introduced me to an Investor Checking account with Charles Schwab that reimburses me for ATM fees every thirty days.

The Fidelity Cash Management account also has a system of automatically reimbursing the account holder for any ATM fee charged by foreign banking institutions while abroad or traveling.

With these types of accounts, I see reimbursements for these in the next month for any ATM fees charged to my card when I withdraw.

I recommend saving your ATM withdrawal receipts until you get refunded in the following month, just in case you need to call up the bank and ask about where your refunds are.

Budget your travel spending during an international trip

There are lots of ways to budget spending during your trip.

For one thing, there are lots of ways to save money while traveling and my favorite way is to check out what the typical cost of travel is for the place you’ll be going.

Check out a travel pricing index for destinations abroad

The Price of Travel Index is one of my favorite websites to peruse.

Did you know that Hanoi, Vietnam, ranks #1 for the lowest price of daily travel in Asia?

You can find out that type of data at this site.

We talk about our favorite affordable destinations for travel in this guide .

Calculate spending each day or week during a trip abroad

If I’m traveling for a while, I’ll stop and take some time to calculate how much I’ve spent so far.

I tally the price of my flight or flights (including any airline vouchers used), and then separately, I’ll tally the amounts of money I’ve withdrawn from ATMs, purchases made on credit card and any money spent on the trip before I left (price of foreign travel visas or related fees).

I usually do this for fun and for my own reference in a Google spreadsheet.

Looking for new proven ways to save money on flights and airfare? The easy solution is to sign up for Going , the leading way to find flight deals and mistake fares, directly to your inbox. Use HALFHALF20 to get 20% off!

Figure out your spending average for your trip budget

Based on how I want to calculate my daily spending average, I take these fees and divide by the number of days I’ve been on the road.

What’s interesting to see is how things like rental cars factor into your trip and blow out your daily average.

When Dan and I traveled around Ireland, the cost of our rental car for a week accounted for a giant portion of what we spent during the whole trip.

If you are on a tight budget, consider scrapping a rental car and going with public transport.

There are so many ways to save money during travel .

Figure out what to do with extra foreign currency after you return home

When your trip is ending, deciding what to do with your foreign currency is a valid thing to think about!

If you have only a little bit left, you can spend it at the airport on gifts for friends and family, or some delicious snacks for the flight or a souvenir you’ve been wanting.

Save foreign currency for future trips

If you have cash in a widely-used currency like the Euro (used as official currency in 23 countries!), consider saving your EUR for a future trip to any other country in the Euro-using destinations.

You can also save currency for your friends, if you know you have a friend who will be going to a particular destination within a few months!

If you travel somewhere where the USD is the official currency, like Ecuador, Panama or Cambodia… you’re in luck! You can go home with those dollars in your wallet and use them at home, if you’re American.

Of course, if you’re not American, save those USD bills for your next trip to the US. (And come say hi to us in NYC!)

Ask around in your network to offer international money

If you wind up with any foreign currency and you know you might not be going to that specific country for another few years, ask around in your network to determine if any friends or family are headed there soon and might want to buy it off you.

I’ve done some pretty funny street exchanges in giving away my Colombian Pesos or Indian Rupees in exchange for the equivalent in a Venmo payment.

To buy money or transfer money to others travelers, you can use Venmo (for US bank accounts only) or PayPal (used worldwide).

Don’t go over the limit for cash allowances on an international flight

Some people want to ask, “How much money can I travel with on an international flight?”

Know the rules: You usually can’t travel on an international flight with more than $10,000 (US Dollars). If you have that much money, you should probably put it in a bank, or have it invested…

In any case, most customs forms will ask if you’re traveling with more than $10K in USD upon landing. If yes, you will have to declare it. If you only have $9,999, then you should be fine.

In conclusion

Travel and money is a topic that has evolved tons for me since I started traveling. It has certainly been a trip of its own.

The first time I went abroad on my own was during my study abroad to Hong Kong in 2009.

Looking back, it’s incredible to see how much my process has changed.

I remember that my parents offered me travelers checks to bring. I remember saying, “What does a travelers check even do?” I haven’t heard the term ‘travelers check’ in the last decade, which goes to show how far travel and money has come.

In a time where we manage bank accounts and pay bills online and in a time where credit is so much more widely accepted all over the world, money management while traveling has changed quite a bit, for the better.

One of my favorite parts of traveling these days is the fact that I can use a good travel credit while abroad, and sometimes it’s even astonishing how widespread the use of credit cards is in major cities very far from home.

Looking for a new travel credit card? Consider the United Explorer card . We have this card! We like it because of the sign-up mileage bonus, Global Entry credit and no annual fee for the first year.

It’s also incredible how many places still use cash as king: Sri Lanka and Vietnam are just a few.

I also really enjoy updating my money strategies year by year; for example, even five years ago I was still using my ATM cards and paying hefty fees for ATM withdrawals in Ecuador, Bolivia and Guatemala.

Today (and thanks to money-sharing strategies and hacks with Dan) I’m getting reimbursed for those same fees.

In some of our most recent trips, we started seeing how contactless payments are spreading all over the world. In fact, the first time we used ApplePay and GooglePay regularly was in Taipei, Taiwan where no one even wanted us to slide our plastic credit card through a card reader!

What I am getting at with all of this is that you should be flexible. Some places may require you to use cash while other places are fine with you using your card. The process of travel is an evolution as more people open up to the idea of accepting digital payments.

I hope that this has helped you be more confident in your ability to travel and has answered all of your questions about money!

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Travel and subsistence payments (country money)

• Relevant Contracts Tax (RCT)
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It is important that employers in the construction sector are fully aware of the conditions that apply to the payment of tax-free expenses .

Country money

Employees in some sectors, such as the construction industry, are often required to travel to work at different sites. Expenses of travel and subsistence may be paid tax free to a site-based employee, up to the ‘country money’ rates below.

This allowance is only available where the employee is working at a site that is 32km (20 miles) or more from the employer’s base. If the employee is Dublin based, the allowance only applies if they are working 32km or more from the General Post Office (GPO).

Country Money Rates

• €181.68 per week for more than four days.
• €36.34 per day for four days or less.

Expenses may not be paid tax free where the employee is:

• provided with transport to and from the site by the employer
• provided with board and lodgings by the employer
• recruited to work at one site only, also known as ‘jobbed on site’.

Records relating to the payment of country money should be held by the employer for six years.

‘Eating on site’ allowance

An ‘eating on site’ allowance is paid to site-based employees in some sectors, including construction. If this allowance is paid it may be tax free if:

• facilities for making tea or coffee are not provided on the site by the employer
• the employee does not receive another tax-free subsistence payment
• the employee works on the site for at least 1.5 hours before and 1.5 hours after normal lunch break
• the allowance is no more than €5 per day.

Next: Relevant Contracts Tax (RCT)

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Here Are the Four Best Travel Money Cards in 2024

François Briod

Co-Founder of Monito and money transfer expert, François has been helping Monito’s users navigate the jungle of money transfer fees, bad exchange rates and tricks for the last ten years.

Jarrod Suda

A writer and editor at Monito, Jarrod is passionate about helping people apply today’s powerful finance technologies to their lives. He brings his background in international affairs and his experiences living in Japan to provide readers with comprehensive information that also acknowledges the local context.

Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors.

From the multitude of bank fees and ATM charges to hidden currency conversion fees, there's no question that spending your money abroad while travelling can be costly — and that's saying nothing about the cost of the holiday itself!

As you prepare for your trip abroad, the golden rule is that you'll save the most money by using the local currency of your destination. This means withdrawing local cash at foreign ATMs and using a debit card to pay directly in the local currency. For example, if you're from the UK, using your bank's debit card that accesses your British pounds will likely lose you money to hidden fees at ATMs abroad and at local merchants.

In general, we rate Revolut as the best travel card all around. Its versatile account and card can be used to spend like a local pretty much anywhere in the world. ✨ Get 3 months of free Revolut Premium as a Monito reader with our exclusive link .

If you're from the EU, UK, or US, here are a few more specific recommendations to explore:

• Best for travelling from the UK: Chase
• Best for travelling from the US: Chime ®
• Best for travelling from the Eurozone: N26

If it's not possible for you to spend in the local currency when travelling abroad, then spending in your home currency while using a card that doesn't charge any hidden exchange rate markups from your bank (e.g. only the VISA or Mastercard exchange rates to convert currency) is still a good bet for most people.

In this guide, we explore cards that waive or lower ATM fees and that hold multiple currencies. Spend on your holiday like a local and enjoy peace of mind after each tap and swipe!

Best Travel Cards (And More!) at a Glance

Best travel money cards.

• 01. What is the best best multi currency card? scroll down
• 02. Are prepaid currency cards really it? scroll down
• 03. Monito's best travel money card tips scroll down
• 04. FAQ about the best travel cards scroll down

Revolut: Best All-Rounder

Revolut is one of the most well-known fintechs in the world because it offers services across Europe, the Americas, Asia, and Oceania.

• Trust & Credibility 8.9
• Service & Quality 7.9
• Fees & Exchange Rates 8.3
• Customer Satisfaction 9.4

Revolut is available in many countries. You can double-check if it's available in yours below:

Here's an overview of Revolut's plans:

Revolut Ultra is currently only available in the UK and EU.

Like Wise, Revolut converts your currency to the local currency of your travel destination at an excellent exchange rate (called the 'Revolut Rate', which, on weekdays, is basically on par with the rate you see on Google), making it a good way to buy foreign currency before travelling abroad. As always though, bear in mind that Revolut's exchange rates might be subject to change.

Revolut's Standard Plan only allows currency exchange at the base mid-market exchange rate for transfers worth £1,000 per month. ATM withdrawals are also free for the first €200 (although third-party providers may charge a withdrawal fee, and weekend surcharges may also apply). These allowances can be waived by upgrading memberships.

N26: Good Bank For EU Travellers

One of the most well-known neobanks in Europe, N26 and its debit card operate in euros only. However, N26 is a partner with Wise and has fully integrated Wise's technology so that you never have to pay foreign transaction fees on your purchases outside of the eurozone. While N26 does not have multi-currency functionality, N26 will apply the real exchange rate on all your foreign purchases and will never charge a commission fee — making N26's card a powerful card for EU/EEA residents who travel across the globe.

• Trust & Credibility 7.9
• Service & Quality 8.0
• Fees & Exchange Rates 9.3
• Customer Satisfaction 8.1

These are the countries in which you can register for an N26 account:

And here is an overview of the various plans and account:

This low-fee option for banking is also ideal for travellers who do not belong to a European bank but frequent the Eurozone. For example, N26 is available for residents and citizens of Switzerland, Norway, and other European Economic Area countries that do not run on the Euro.

These citizens, who are in close proximity to the Eurozone, will save each time they spend with an N26 card while in Europe. N26 provides three free ATM withdrawals per month in euros but does charge a 1.7% fee per ATM withdrawal outside of Europe.

Take a look at our guide to the best travel cards for Europe to learn more.

Wise: Best For Multi-Currency Balances

Load up to 54 currencies onto this card at the real exchange rate, giving you access to truly global travel.

• Trust & Credibility 9.3
• Service & Quality 8.9
• Fees & Exchange Rates 7.6
• Customer Satisfaction 9.6

These are the countries in which you can order a Wise debit card:

Unlike banks, credit unions, airport kiosks, and foreign ATMs, Wise is transparent about never charging a hidden exchange rate margin when you convert your home currency into up to 54 currencies. The live rate you see on Google or XE.com is the one you get with Wise.

An industry-low commission fee per transaction will range from 0.35% to 2.85%, depending on the currency.

Chase: Great UK Bank For Travel

A recent arrival from the USA, Chase is one of the UK’s newest digital challenger banks and comes with a rock-solid reputation and no monthly charges, no currency conversion charges, no withdrawal fees, and no other charges for everyday banking from Chase. It’s a simple, streamlined bank account with an excellent mobile banking app and a great cashback offer. However, it doesn’t yet offer more advanced features like international money transfers, joint accounts, business banking, overdrafts and loans, and teen or child accounts.

• Trust & Credibility 10
• Fees & Exchange Rates 10
• Customer Satisfaction 8.7

Chime: Great Account For US Travelers

Chime  is a good debit card for international travel thanks to its no foreign transaction fees¹. Unlike multi-currency accounts like Revolut (which let you hold local currency), Chime uses the live exchange rate applied by VISA. This rate is close to the mid-market rate, and Chime does not add any extra markup to your purchases, although out-of-network ATM withdrawal and over-the-counter advance fees may still apply.

• Trust & Credibility 9.5
• Service & Quality 8.8
• Fees & Exchange Rates 9.8

While Chime waives ATM fees at all MoneyPass, AllPoint, and VISA Plus Alliance ATMs within the United States, this fee waiver does not extend to withdrawals made outside the country. For withdrawals abroad, Chime applies a $2.50 fee per transaction, with a daily withdrawal limit of $515 or its equivalent. This is in addition to any fees charged by the ATM owner. Therefore, we recommend Chime primarily for card purchases rather than relying on it for withdrawing cash while traveling internationally.

• No  foreign transaction fees ¹;
• Uses VISA's exchange rate ( monitor here ):
• A $2.50 fee per ATM withdrawal made outside of the United States;
• More info:  Read our  Chime review  or  visit their website .

Best Travel Money Cards in 2024 Compared by Country

In the table below, see our comparison summary of the four best travel cards for 2024 by country:

Last updated: 8 January 2024

What's The Best Prepaid Card to Use Abroad?

Travel cards come in many varieties, such as standard credit cards or debit cards with no foreign transaction fees or cards that waive all foreign ATM withdrawal fees.

What is a Multi-Currency Card?

Multi-currency cards are a specific type of travel card that allows you to own all kinds of foreign currencies, which you can instantly access when you pay with your card abroad. By spending the local currency in the region of travel , you bypass poor foreign exchange rates. ATMs and cashless payment machines will treat your card like a local card.

We have already mentioned a few multi-currency cards in this review, but we will also introduce Travelex . Travelex's Money Card also allows you to top up several foreign currencies — albeit at exchange rates slightly poorer than the real mid-market rate .

Wise Account

Wise has one of the best multi-currency cards available on the market.

Read our full review for more details.

Revolut is impressive for its vast options in currencies and its additional services.

Our in-depth review explores Revolut's services in detail.

Travelex offers a prepaid travel money card that supports 10 currencies and waives all ATM withdrawal fees abroad.

• Trust & Credibility 9.0
• Service & Quality 5.8
• Fees & Exchange Rates 7.1
• Customer Satisfaction 9.3

Travelex charges fees, which fluctuate according to the exchange rates of the day, in order to convert your home currency into the currencies that it supports. But once the currency is on the card, you'll be able to spend like a local. Learn more with our full review .

Don’t Let Banks, Bureaux de Change, and ATMs Eat Your Lunch 🍕!

Are you withdrawing cash at an ATM in the streets of Paris? Exchanging currencies at Gatwick airport? Paying for a pizza with your card during a holiday in Milano? Every time you exchange currencies, you could lose between 2% to 20% of your money in  hidden fees . Keep reading below to make sure you recognize and avoid them.

Currency Exchange Fees Eating My Lunch? What’s That?

You’re often charged a hidden fee in the form of an alarming exchange rate.

At any given time, there is a so-called “ mid-market exchange rate ” — this is the real exchange rate you can see on  Google . However, the money transfer provider or bank you use to exchange currencies rarely offers this exchange rate. Instead, you will get a much worse exchange rate. They pocket this margin between the actual rate and the poor exchange rate they apply, allowing the bank or money transfer provider to profit from the currency exchange. 

In other words, you or your recipient will receive less foreign currency for each unit of currency you exchange. All the while, the provider will claim that they charge zero commission or zero fees.

So the question now is… how can you avoid them? Thankfully, the best travel money cards will allow you to hold the local currency, which you can access instantly with a tap or swipe. Carrying the local currency avoids  exchange rate margins  on every purchase.

Top Travel Money Tips

• Avoid bureaux de change. They charge between 2.15% and 16.6% of the money exchanged.
• Always pay in the local currency and never accept the  dynamic currency conversion .
• Don't use your ordinary debit or credit card unless it's specifically geared toward international use. Doing this will typically cost you between 1.75% and 4.25% per transaction. Instead, use one of the innovative travel money cards below.

By opting for a travel card without FX fees, you can freely swipe your card abroad without worrying about additional charges. However, saving money doesn't stop there. To make the most out of your travel budget, consider using  Skyscanner , one of the most powerful flight search engines available that allows you to compare prices from various airlines and find the best deals.

With Skyscanner's user-friendly interface and comprehensive search options, you can discover cheap flights and enjoy your holidays with peace of mind and more money in your pocket.

Best Travel Money Card Tips

When you convert your home currency into a foreign currency, foreign exchange service providers will charge you two kinds of fees :

• Exchange Rate Margin:  Providers apply an exchange rate that is poorer than the true  "mid-market" exchange rate . They keep the difference, called an  exchange rate margin .
• Commission Fee:  This  fee  is usually a percentage of the amount converted, which is charged for the service provided.

With these facts in mind, let's see what practices are useful to avoid ATM fees, foreign transaction fees, and other charges you may encounter while on your travels.

Tip 1: While Traveling, Avoid Bureaux de Change At All Costs

Have you ever wondered how bureaux de change and currency exchange desks are able to secure prime real estate in tourist locations like the Champs-Élysées in Paris or Covent Carden in London while claiming to take no commission? It’s easy: they make (plenty of) money through hidden fees on the exchange rates they give you. 

Our study shows that Bureaux de Change in Paris charges a margin ranging from 2.15% at CEN Change Dollar Boulevard de Strasbourg to 16.6% (!!) at Travelex Champs-Élysées when exchanging 500 US dollars into euros for example. 

If you really want cash and can’t wait to withdraw it with a card at an ATM at your destination, ordering currencies online before your trip is usually cheaper than exchanging currencies at a bureau de change, but it’s still a very expensive way to get foreign currency which we, therefore, would not recommend.

Tip 2: Always Choose To Pay In the Local Currency

Don’t fall for the dynamic currency conversion trap! When using your card abroad to pay at a terminal or withdraw cash at an ATM, you’ve probably been asked whether you’d prefer to pay in your home currency instead of the local currency of the foreign country. This little trick is called dynamic currency conversion , and the right answer to this sneaky question will help you save big on currency exchange fees.

As a general rule, you always want to pay in the local currency (euros in Europe, sterling in the UK, kroner in Denmark, bahts in Thailand, etc.) when using your card abroad, instead of accepting the currency exchange and paying in your home currency. 

This seems like a trick question - why not opt to pay in your home currency? On the plus side, you would know exactly what amount you would be paying in your home currency instead of accepting the unknown exchange rate determined by your card issuer a few days later.

What is a Dynamic Currency Conversion?

However, when choosing to pay in your home currency instead of the local one, you will carry out what’s called a “dynamic currency conversion”. This is just a complicated way of saying that you’re exchanging between the foreign currency and your home currency at the exact time you use your card to pay or withdraw cash in a foreign currency, and not a few days later. For this privilege, the local payment terminal or ATM will apply an exchange rate that is often significantly worse than even a traditional bank’s exchange rate (we’ve seen margins of up to 8%!), and of course, much worse than the exchange rate you would get by using an innovative multi-currency card (see tip #3). 

In the vast majority of times, knowing with complete certainty what amount you will pay in your home currency is not worth the additional steep cost of the dynamic currency conversion, hence why we recommend always choosing to pay in the local currency.

Tip 3: Don't Use a Traditional Card To Pay in Foreign Currency/Withdraw Cash Abroad

As mentioned before, providers make money on foreign currency conversions by charging poor exchange rates — and pocketing the difference between that and the true mid-market rate. They also make money by charging commission fees, which can either come as flat fees or as a percentage of the transaction.

Have a look at traditional bank cards to see how much you can be charged in fees for spending or withdrawing $500 while on your holiday.

These fees can very quickly add up. For example, take a couple and a child travelling to the US on a two-week mid-range holiday. According to this study , the total cost of their holiday would amount to around $4200. If you withdraw $200 in cash four times and spend the rest with your card, you would pay $123 in hidden currency exchange and ATM withdrawal fees with HSBC or $110 with La Banque Postale. With this money, our travellers could pay for a nice dinner, the entrance fee to Yosemite Park, or many other priceless memories. 

Thankfully, new innovative multi-currency cards will help you save a lot of money while travelling. Opening an N26 Classic account and using the N26 card during the same US holidays would only cost $13.60.

Need Foreign Cash Anyway?

In many countries, carrying a wad of banknotes is not only useful but necessary to pay your way since not every shop, market stall, or street vendor will accept card payments. In these cases you'll have two options to exchange foreign currency cheaply:

1. Withraw at an ATM

As we've explored in great depth in this article, withdrawing money from a foreign ATM will almost always come with fees — at the very least from the ATM itself, and so it's therefore the best strategy to use a travel debit card that doesn't charge in specific ATM withdraw fees on its own to add insult to injury. That said, if you need cash, we recommend making one large withdrawal rather than multiple smaller ones . This way, you'll be able to dodge the fees being incurred multiple times.

2. Buy Banknotes (at a Reasonable Rate!)

As we've also seen, buying foreign currency at the airport, at foreign bank branches, or in bureaux de change in tourist hotspots can be surprisingly expensive. Still, not all exchange offices are equally pricey . If you're looking for a well-priced way to exchange your cash into foreign currency banknotes before you travel, Change Group will let you order foreign currency online and pick them up at the airport, train station, or a Change Group branch just before you leave for your holiday. A few pick-up locations in the UK include:

• London centre (multiple locations),
• Glasgow centre,
• Oxford centre,
• Luton Airport,
• Gatwick Airport,
• St. Pancras Station.

(Note that Change Group also has locations in the USA, Australia, Germany, Spain, Sweden, Austria, and Finland!)

Although its exchange rates aren't quite as good as using a low-fee debit card like Revolut, Change Group's exchange rates between popular currencies tend to be between 2% to 3%, which is still a lot better than you'll get at the bank or at a touristy bureau de change in the middle or Paris or Prague!

FAQ About the Best Travel Money Cards

Having reviewed and compared several of the industry's leading neobanks, experts at Monito have found the Wise Account to offer the best multi-currency card in 2024.

In general, yes! You can get a much better deal with new innovative travel cards than traditional banks' debit/credit cards. However, not all cards are made equal, so make sure to compare the fees to withdraw cash abroad, the exchange rates and monthly fees to make sure you're getting the best deal possible.

• Sign up for a multi-currency account;
• Link your bank to the account and add your home currency;
• Convert amount to the local currency of holiday destination ( Wise and Revolut convert at the actual mid-market rate);
• Tap and swipe like a local when you pay at vendors.

Yes, the Wise Multi-Currency Card is uniquely worthwhile because it actually converts your home currency into foreign currency at the real mid-market exchange rate . Wise charges a transparent and industry-low commission fee for the service instead.

More traditional currency cards like the Travelex Money Card are good alternatives, but they will apply an exchange rate that is weaker than the mid-market rate.

The Wise Multi-Currency Card is the best money card for euros because unlike banks, credit unions, airport kiosks, and foreign ATMs,  Wise  is transparent about never charging a hidden exchange rate margin when you convert your local currency into euros with them.

The live rate you see on Google or XE.com is the one you get with  Wise . An industry-low commission fee will range from 0.35% to 2.85%. USD to EUR transfers generally incur a 1.6% fee.

Learn more about how to buy euros in the United States before your trip.

There are usually three types of travel cards, prepaid travel cards, debit travel cards and credit travel cards. Each have pros and cons, here's a short summary:

• Prepaid travel cards: You usually need to load cards with your home currency via a bank wire or credit/debit card top-up. You're then able to manage the balance from an attached mobile app and can use it to pay in foreign currencies or withdraw cash at an ATM abroad tapping into your home currency prepaid balance. With prepaid travel cards, as the name indicates, you can't spend more than what you've loaded before hand. Some prepaid card providers will provide ways to "auto top-up" when your balance reaches a certain level that you can customize. On Revolut for example, you can decide to top-up £100/£200/£500 from your debit card each time your balance reaches below £50.
• Debit travel cards: Some innovative digital banks, like N26 or Monzo, offer travel debit cards that have the same advantages than a Prepaid Travel Cards, except that they're debit card directly tapping into your current account balance. Like a Prepaid travel card, you can't spend more than the balance you have in your current account with N26 or Monzo, but you can activate an overdraft (between €1,000 or €10,000 for N26 or £1,000 for Monzo) if you need it, for a fee though.

Note that even if they're Prepaid or Debit cards, you can use them for Internet payments like a normal credit card.

• Credit travel cards: You can find credit cards made for international payments offering good exchange rates and low fees to withdraw money abroad, but you'll need to pay interests in your international payment if you don't pay in FULL at the end of every month and interest on your ATM withdrawals each day until you pay them back.

Why You Can Trust Monito

Our recommendations are built on rock-solid experience.

• We've reviewed 70+ digital finance apps and online banks
• We've made 100's of card transactions
• Our writers have been testing providers since 2013

Other Monito Guides and Reviews on Top Multi Currency Cards

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Monito is trusted by 15+ million users across the globe.

Monito's experts spend hours researching and testing services so that you don't have to.

Our recommendations are always unbiased and independent.

Currency Exchange Notes:

• VKO ATM withdrawals and credit card charges will likely incur a 1.5-5.0% conversion factor plus possible other charges such as ATM withdrawal fees. These conversion fees are usually hidden in the transaction, but any ATM withdrawal fees are usually presented with a message for acceptance.
• Some ATM and cash machines at airports and train stations may limit the amount withdrawn on your account. This is to require you to make two or more withdrawals to obtain the cash you need and each withdrawal will have a transaction fee. We recommend either visiting a few ATM's to see if they all have the same limits and if so, get what you need in one transaction and then use another ATM in town that will likely not be restricted.
• Be aware that some ATMs do not give a choice on which account that money will be pulled from. We recommend contacting your bank before travel to see which is your 'default' account. Some ATMs also present accounts as different names as what you are used to: 'chequing', 'checking', and 'current' are regularly interchanged.
• Some VKO currency exchange offices will have variable conversion factors and commission fees. Although many offices will post their current rates on boards, be aware that there may be a transaction fees on currency conversions and these fees are rarely posted on the boards. It is always best to shop around and ask about any potential fees and commissions prior to making a transaction.
• Usually airports and train stations offer better exchange rates than in town due to the local competition, but this is not always the case, especially when there is limited competition.

Airlines required to refund passengers for canceled, delayed flights

Transportation Secretary Pete Buttigieg announced the new rules Wednesday.

Good news for airline travelers: the Department of Transportation on Wednesday announced it is rolling out new rules that will require airlines to automatically give cash refunds to passengers for canceled and significantly delayed flights.

"This is a big day for America's flying public," said Transportation Secretary Pete Buttigieg at a Wednesday morning news conference. Buttigieg said the new rules -- which require prompt refunds -- are the biggest expansion of passenger rights in the department's history.

Airlines can no longer decide how long a delay must be before a refund is issued. Under the new DOT rules, the delays covered would be more than three hours for domestic flights and more than six hours for international flights, the agency said.

MORE: Amid Boeing safety probe, clock ticks on effort to disclose details of 2021 DOJ deal over 737 Max crashes

This includes tickets purchased directly from airlines, travel agents and third-party sites such as Expedia and Travelocity.

The DOT rules lay out that passengers will be "entitled to a refund if their flight is canceled or significantly changed, and they do not accept alternative transportation or travel credits offered."

DOT will also require airlines to give cash refunds if your bags are lost and not delivered within 12 hours.

The refunds must be issued within seven days, according to the new DOT rules, and must be in cash unless the passenger chooses another form of compensation. Airlines can no longer issue refunds in forms of vouchers or credits when consumers are entitled to receive cash.

Airlines will have six months to comply with the new rules.

"Passengers deserve to get their money back when an airline owes them -- without headaches or haggling," Buttigieg said in a statement.

The DOT said it is also working on rules related to family seating fees, enhancing rights for wheelchair-traveling passengers for safe and dignified travel and mandating compensation and amenities if flights are delayed or canceled by airlines.

Buttigieg said the DOT is also protecting airline passengers from being surprised by hidden fees -- a move he estimates will have Americans billions of dollars every year.

The DOT rules include that passengers will receive refunds for extra services paid for and not provided, such as Wi-Fi, seat selection or inflight entertainment.

The rules come after the agency handed Southwest Airlines a record $140 million fine for its operational meltdown during the 2022 holiday travel season.

MORE: New whistleblower claims put Boeing's quality control under more scrutiny

Buttigieg said Southwest's fine sets a "new standard" for airlines and passenger rights.

"To be clear, we want the airline sector to thrive. It is why we put so much into helping them survive the pandemic and honestly it's why we're being so rigorous on passenger protection," he said.

Buttigieg reiterated that refund requirements are already the standard for airlines, but the new DOT rules hold the airlines to account and makes sure passengers get the "refunds that are owed to them."

"Airlines are not enthusiastic about us holding them to a higher standard," Buttigieg said, adding that he "knows they will be able to adapt to this."

Airlines for America, the trade association for the country's leading passenger and cargo airlines, told ABC News in a statement that its members "offer a range of options -- including fully refundable fares." Is said consumers are "given the choice of refundable ticket options with terms and conditions that best fit their needs at first search results."

The group said the 11 largest U.S. airlines issued $43 billion in customer refunds from 2020 through 2023 nearly $11 billion in refunds just last year.

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Despite a fortified border, migrants will keep coming, analysts agree. Here's why.

Sergio Martínez-Beltrán

Border Patrol picks up a group of people seeking asylum from an aid camp near Sasabe, Arizona, on Wednesday, March 13, 2024. Justin Hamel/Bloomberg via Getty Images hide caption

Border Patrol picks up a group of people seeking asylum from an aid camp near Sasabe, Arizona, on Wednesday, March 13, 2024.

The U.S. southern border is as fortified as ever and Texas is carrying out its own enforcement to stop people from crossing illegally, yet observers and analysts agree on this: migrants not only will continue to come, but their numbers will likely increase in the coming months.

The expected surge can be attributed not only to seasonal migration patterns, but an increase of people displaced by war, poverty, and climate factors in all continents.

And why do these analysts say this?

They keep a close eye on the Darién Gap in Panama and the borders between Central American countries, two key points to gauge the number of people venturing up north.

"In most countries (outward) migration has increased ... particularly in Venezuela, and that's not really reflected yet in the U.S. numbers," said Adam Isacson, an analyst of border and migration patterns at the Washington Office on Latin America, a nonpartisan research and advocacy organization based in Washington D.C.

Despite Mexico's cracking down on migrants, Isacson said people are still making their way up north, even if they need to pause for months at different points during their journey.

"There must be a huge number of people from Venezuela bottled up in Mexico right now," he said.

The Darién Gap serves as a good barometer for migration flows.

This 100-mile-long tropical jungle between Colombia and Panama has claimed the lives of hundreds of migrants, according to a report from the Migration Policy Institute, a Washington, D.C.-based think tank.

Yet the dangers at this jungle are not a deterrent, said Ariel Ruiz Soto, a senior policy analyst with this organization. The majority of people migrating are from Venezuela.

"The reason why I referred to Venezuelans in particular is because they represent a key challenge for removals from Mexico and from the United States to Venezuela," Ruiz Soto said.

Mexico and the U.S. had been flying Venezuelan migrants back to the South American country . However, earlier this year, Venezuelan President Nicolás Maduro stopped accepting flights from the U.S. in response to economic sanctions imposed by the Biden administration.

Panama reported a 2% increase in crossings through the Darién Gap in February compared to the previous month.

Aerial view showing migrants walking through the jungle near Bajo Chiquito village, the first border control of the Darien Province in Panama, on September 22, 2023. LUIS ACOSTA/AFP via Getty Images hide caption

Aerial view showing migrants walking through the jungle near Bajo Chiquito village, the first border control of the Darien Province in Panama, on September 22, 2023.

What the numbers show

Analysts are projecting the increase in the remaining months of the fiscal year, even though U.S. Customs and Border Protection reported a 2.2% decrease in encounters with migrants along the Southern border in March. An encounter is every time a migrant is picked up by immigration authorities.

These numbers are consistent with cyclical patterns of illegal crossings that dip in the winter months, followed by more migrants attempting to get to the U.S. as warm weather arrives, said Ruiz Soto.

In a statement, CBP Spokesperson Erin Waters said the agency remains vigilant to "continually shifting migration patterns" amid "historic global migration."

Waters said the agency has also been partnering with Mexico to curb the flow of people migrating to the U.S.

Mexico has commissioned its National Guard to patrol its borders with Guatemala and the U.S.

"CBP continues to work with our partners throughout the hemisphere, including the Government of Mexico, and around the world to disrupt the criminal networks who take advantage of and profit from vulnerable migrants," Waters said.

Where are migrants crossing the border?

For the last few months, more migrants are attempting to cross through Arizona instead of Texas, according to CBP.

In 2023, the El Paso and Del Rio sector in Texas saw more crossings than any other place across the 2,000-mile Southern border. But this year the Tucson sector in Arizona has seen a 167% increase in crossings, more than any other.

Tiffany Burrow, operations director at Val Verde Border Humanitarian Coalition, an assistance organization for newly border crossers in Del Rio, said she has seen the shift.

"It's empty," Burrow said, pointing to her organizations' office. "There are no migrants."

In March, she helped only three migrants after they were released by CBP pending their court date. In December, they helped 13,511 migrants.

Burrow said that's how migration works — it ebbs and flows.

"We have to be ready to adapt," Burrow said.

Texas Department of Safety Troopers patrol on the Rio Grande along the U.S.-Mexico border. Eric Gay/AP hide caption

Texas Department of Safety Troopers patrol on the Rio Grande along the U.S.-Mexico border.

Texas' role

Burrow and other immigrant advocates are closely observing Texas' ramping up of border enforcement.

In 2021 Gov. Greg Abbott launched Operation Lone Star initiative and deployed the Texas National Guard. Last year the state started lining up razor wire in sections of the Rio Grande.

Texas is also asking the courts to be allowed to implement a law passed last year by the Republican-controlled legislature, known as SB4, which requires local and state police to arrest migrants they suspect are in the country illegally.

It might be too early to know if all these efforts will have an impact on migration patterns, analysts said, considering that Texas saw the highest number of illegal crossings last year.

But, Mike Banks, special advisor on border matters to Abbott, said the state's efforts are fruitful.

Texas has spent over $11 billion in this initiative.

"The vast majority of the United States' southern border is in Texas, and because of Texas' efforts to secure the border, more migrants are moving west to illegally cross the border into other states," said Mike Banks in a statement to NPR.

Ruiz Soto, from the Migrant Policy Institute, said the impact of Texas' policies on arrivals "is likely to be minimal over the long term."

Carla Angulo-Pasel, an assistant professor who specializes in border studies and international migration at the University of Texas at Rio Grande Valley, said that even with Texas' policies in place, migrants are likely to continue to cross.

"You can't claim, as much as I think Gov. Abbott wants to claim, that Operation Lone Star is going to somehow mean that you're going to see less numbers in Texas because that hasn't held true," Angulo-Pasel said. "We could also argue that things are going to progressively get more and more as the spring months progress."

Prince Harry Offers Rare Peek Into His and Meghan Markle's Montecito Home

Here's what's on the Duke and Duchess of Sussex's bookshelves.

Every item on this page was chosen by a Town & Country editor. We may earn commission on some of the items you choose to buy.

The Duke of Sussex joined virtually from his home in California. "Travel and tourism relies on destinations, held together by communities, without which we have nowhere to travel to," Prince Harry said during a panel conversation. "Communities are the beating heart of travel, and we must do better by the people who are the custodians of the places we visit."

The background of his Zoom offered a rare peek into what we're guessing is his and Meghan Markle's Montecito home. Specifically, we're focused on the three books on the middle shelf behind him: They appear to be Daily Oracle: Seek Answers from Your Higher Self by Jerico Mandybur, California: Living + Eating: Recipes Inspired by the Golden State by Eleanor Maidment, and The New Mediterranean: Homes and Interiors Under the Southern Sun published by Gestalten.

Daily Oracle: Seek Answers from Your Higher Self

California: Living + Eating: Recipes Inspired by the Golden State

The New Mediterranean: Homes and Interiors Under the Southern Sun

There's another stack of books on the top shelf, but Harry's head obscures them in the video. Also on Prince Harry's shelves are two decorative parrots that appear to be extremely similar to the porcelain birds that decorated Charles and Princess Diana's Kensington Palace home :

We also spotted framed photographs, and a framed piece of art of Meghan's outfits from their 2021 New York City trip by illustrator Jennifer Vallez . Vallez posted on her Instagram , "We have some real International internet Nancy Drews!"

This isn't the only Vallez print they own; in February, a drawing of their 2021 holiday card was also spotted in the background of Prince Harry zoom. She wrote , "Omg. I am DYING!!!! A year or so ago, Meghan’s assistant requested prints of some of the drawings I created of her and Harry. I never expected to see that they REALLY have them in their house."

Emily Burack (she/her) is the Senior News Editor for Town & Country, where she covers entertainment, culture, the royals, and a range of other subjects. Before joining T&C, she was the deputy managing editor at Hey Alma , a Jewish culture site. Follow her @emburack on Twitter and Instagram .

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40 facts about elektrostal.

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Reviewed by Jessica Corbett

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

• Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
• With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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Live updates, royal caribbean cancels cruises to haiti amid ongoing turmoil there.

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Turmoil in the Caribbean has prompted the Royal Caribbean cruise line to “temporarily make adjustments to sailings” to a popular destination in the area.

As Haiti continues to be destabilized by vicious gangs, Royal Caribbean will not sail to the peninsula of Labadee on the country’s north coast in May, the Independent reports .

Royal Caribbean’s travel pause to Labadee began in mid-March, as airports closed and flights were canceled .

At the time, Haitian Prime Minister Ariel Henry announced his planned resignation amid the upheaval.

Royal Caribbean’s “Global Security and Intel Team is closely monitoring the evolving situation in Haiti,” a spokesperson for the cruise line told the Independent.

“The safety and security of our guests, crew and communities we visit are our top priority,” the rep added.

Ships and itineraries facing disruption in May include Allure of the Seas, Adventure of the Seas, Wonder of the Seas and Symphony of the Seas, per the Independent.

“We will continue to monitor and reassess calls as needed, and will communicate updates with guests directly,” Royal Caribbean said in its statement.

The US State Department began warning Americans not to travel to parts of Haiti , like the capital, Port-au-Prince, in July 2023 because of kidnappings, crime, civil unrest and poor healthcare.

Earlier this month, private operations were launched by former New York Giant Jack Brewer to get Americans in Haiti out safely .

As the situation worsens, Port-au-Prince has been described as a “battlefield,” where notorious gang leaders are deliberately burning down homes.

Gangs have also stormed a prison and helped about 4,000 prisoners escape .

Millions are struggling with hunger as many ports and supply routes are cut off while more than 360,000 people have been displaced by the violence, according to the United Nations.

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