Questions tagged [money]

Questions about withdrawing, exchanging, and handling money, encompassing any financial instrument accepted as form of payment for good and services.

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150
votes
22answers
23k views

When traveling to a country with a different currency, how should you take your money?

Recently my wife and I traveled to Italy and before we left we got about 85% of our money in travelers checks and the other 15% we carried on in cash. When we arrived there, no one would take our ...
75
votes
10answers
5k views

How to successfully haggle / bargain in markets

While I've done quite a bit of travel now and back myself to handle situations when it comes to border guards, sorting accommodation and / or transportation, one thing I still struggle to come to ...
59
votes
9answers
9k views

While on vacation my taxi took a longer route, possibly to scam me out of money. How can I deal with this?

I am on vacation and I have realized that some people here in Turkey are trying their best to get the money out of my pocket. I have already had a situation where after a folklore show I decided to ...
56
votes
10answers
11k views

How much cash can I safely carry into the USA and avoid civil forfeiture?

I'm planning a trip to the USA soon (from Germany). I'd like to know how much cash I can bring in without problems. Just to clarify, I am not talking about the $10000-or-file-a-form limit. I'm ...
54
votes
6answers
18k views

Is it legal to travel with a suitcase full of physical cash (worthless banknotes) from Venezuela?

I want to buy some cash. https://www.bbc.com/news/world-latin-america-45246409 These banknotes are so cool, they are worth much more as collectibles. Is it legal to travel with a suitcase full of ...
52
votes
3answers
5k views

Available help for voluntary departure from the UK

I would like to inquire as to what kind of assistance is available for voluntary repatriation to my country, Nigeria? I’ve spent 14 years in the UK, worked-studied and even started a family here. ...
49
votes
3answers
10k views

How many types of Pound Sterling are there and what is the relationship between them?

Some years ago I brought some left over pounds to England. In a shop a shopkeeper denied my money with the quote: "This isn't Scotland." At that time I though I just met a patriotic idiot and moved on....
49
votes
1answer
4k views

Is the 5 euro coin accepted anywhere?

Three years ago I went to the post office in a big city in France, there I received change back after I paid for something. I didn't look at it first but later on I discovered that I received a €5 ...
47
votes
4answers
10k views

Is there a 'minimum daily spend' in Bhutan, and does it vary on citizenship?

While reading an article about Bhutan today, I came across this surprising bit: However, visiting the country for Australians is not straightforward. While there are connecting flights from ...
46
votes
6answers
81k views

What happens if you cannot pay for a hotel?

What happens if you cannot pay for your hotel stay because you accidentally run out of money (can happen) or your credit card was blocked (much more likely)? I assume you cannot arrange the money on ...
45
votes
2answers
17k views

India just demonetized all Rs 500 & 1000 notes. What do I do with my leftover cash?

On November 08, 2016, India declared that all old 500 and 1000 rupee notes are no longer legal tender, and have to be deposited or exchanged before December 30, 2016. I have some leftover rupees and ...
44
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10answers
21k views

Are 500 Euro notes accepted by banks in Spain?

I am going to Spain and have some €500 notes. I have been advised that they are not accepted. Will the banks accept them and change them?
42
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10answers
59k views

What is the best method for exchanging dollars for Euros?

I'm traveling from the US to Europe in a few weeks. When and what is the best method of exchanging dollars for Euros? I imagine there's options like: at the airport when you arrive in Europe at a ...
42
votes
7answers
17k views

What's the right answer to “Check, Savings or Credit” for an overseas card in Australia?

A few days ago, rather jetlagged, I was very stumped when the person serving me in a cafe at the airport asked "Cheque, Savings or Credit" when I handed over my (overseas / foreign card) to pay for a ...
41
votes
10answers
55k views

Do all American ATMs charge an extra fee for cash withdrawals on a foreign card?

I've just gone to take some cash out of an ATM (Cash Machine) in Seattle. I visited about half a dozen in the end, and every single one wanted to charge me an extra fee (typically about $3) for the ...
38
votes
7answers
17k views

What to do with one yen coins when traveling in Japan?

It seems that I always end up with a wallet full of one yen coins when travelling in Japan. What would be the most convenient way to use or exchange them? Vending machines don't accept one yen coins ...
37
votes
7answers
11k views

Bringing coins back home from abroad; Is that unethical to do?

I have a bad habit of not properly utilizing foreign currency coins when I tour any country. When I pay in bills and get back coins I don't know why my brain is programmed to think of them as change ...
36
votes
6answers
15k views

Is it OK if I do not take the receipt in Germany?

During a business trip in Düsseldorf I have bought some chocolate from a rather fancy store. After paying for it I was asked if I want the receipt (I am almost certain that this happened after it was ...
35
votes
10answers
33k views

Can Canadian money (change) be used in the United States?

As a visitor to the US from Canada, is it possible to use Canadian money, especially coins, at businesses in the US? What about vending machines?
35
votes
2answers
13k views

Can someone explain Cuba's two-currency system and the consequences for foreigners?

I know there is the national peso (CUP) and the convertible peso (CUC) and that 1 CUC = 1 USD = 25 CUP. Why is there this difference? Is it to keep Cuban money from leaving the country? What are the ...
35
votes
5answers
16k views

What happens when an ATM in a country you're travelling through eats your card?

So you're travelling in some exotic land far from home. You go to withdraw money from a local ATM so you can have some local currency. But the ATM swallows your card! If you're lucky you might get a ...
34
votes
5answers
7k views

Sending money to a friend stuck abroad without a debit card?

A friend of mine is stuck in Spain without a debit card, and I'm trying to send her some cash by whatever means available from here in the US. None of the bank branches near her are American, they're ...
33
votes
2answers
8k views

Large cash requirement (2700 USD) for Russian citizens to fly to the US? [duplicate]

My girlfriend is Russian. Last night we tried to fly her to the US on a valid tourist visa. She was stopped at DME and told she would be required to have $2700 USD to get back home immediately even ...
33
votes
7answers
98k views

How do I get money back for my foreign coins?

Tonight I just cleaned my room and while doing this I found some money. I counted it and I found out that there are a lot of coins from 25 different countries. I know that normally banks don't ...
33
votes
5answers
8k views

Paying by credit card while overseas cheaper in US dollars or in the local currency?

Recently I had to pay for a hotel in a foreign country using credit card, and the guy at the hotel asked me if I wanted the bill to be paid in the local currency or in US dollars. I didn't even know I ...
32
votes
11answers
11k views

Using US “chip & signature” Credit Cards abroad in “chip & PIN” countries

I am currently living & working in the USA and as such, I have credit cards with "chip & signature" security. When I use one of these cards, I either insert it into the chip-reader in the ...
32
votes
5answers
6k views

Why are two currency options available when paying via card at airports abroad?

Whenever I shop at airports abroad, I always get asked to choose between the currency options while paying via my credit card. One is the local currency and another one is the currency of the country ...
30
votes
9answers
44k views

How much cash am I supposed to prepay at gas station in the US?

In the US (and probably Canada as well), it is possible to pay at a gas station either with a credit card often with a fee (in the US) or cash. If I pay cash, gas stations often require to prepay for ...
29
votes
1answer
6k views

Is it really forbidden to cross the Indian border with Indian rupee?

Last week I tried to exchange some Swiss Francs into Indian rupees. For that I visited a big bank and they told me that they have rupees but I'm not allowed to import any into India. Is this really ...
29
votes
2answers
222k views

Converting Older United States Dollar Bills

I received from my Dad 150 American Dollars about 12 years ago. I never have thought to change this money but a few days I tried change it in a currency exchange in Sydney and the guy didn't change it ...
28
votes
12answers
7k views

Are there benefits in travel insurance for travelers with deep pockets?

In my understanding (and I may be wrong), on average insurance costs you more than amount of claims insurer expects to pay you. So if you can afford the losses, you can expect to pay less when you don'...
27
votes
6answers
6k views

How to tell if a travel location is “affordable”?

Disclaimer: The locations are just examples to set up the question and all prices are made up for the sake of the example and question. Background: Let's say I want to visit London or Busan, and my ...
27
votes
11answers
17k views

Are there any issues with using credit cards in Germany?

On my last trip to Germany my credit cards (chip-based Visa and MasterCard) were declined more than usual. I've been there like 10 times and haven't noticed this before but on this trip train ticket ...
27
votes
7answers
10k views

Changing unusual foreign currencies in London

I've just returned from several unusual countries in Asia, and annoyingly despite being told I'd have no problem, I'm unable to find anyone in London to change back to pounds. I've tried Travelex in ...
27
votes
4answers
10k views

Can I use USD in Canada?

I will go to Canada for the first time from the United States. I will use credit card as much as possible but I guess I need cash for small shops and cafes anyway. To avoid exchange money back and ...
27
votes
7answers
11k views

Will a tourist have any trouble getting money from an ATM India because of demonetization?

I will be travelling to India as a tourist at the end of this month. I have heard about long lines at banks, and I was wondering whether I would have any trouble getting money from an ATM as a tourist....
25
votes
4answers
28k views

How can I spend older Canadian money?

I'm going to Toronto later this year. I have some older Canadian currency on hand that I would like to spend. I understand Canada has recently transitioned to polymer banknotes, so I am wondering ...
25
votes
3answers
6k views

Still possible to exchange old West German money (pre-Euro)?

I was stationed in West Germany in the 1980's and still have close to a hundred (West) German Deutschmarks in bills and coinage. If I visit Germany, can I exchange them for Euros, or are they now ...
25
votes
6answers
4k views

Accidentally travelling with a large amount of cash - can I quickly transfer it to a debit card?

With just under a week to go until I head for Europe I made an epic faux pas. Instead of ordering a Visa debit card with 1500 Euro added to it, I have ended up with 1500 Euro in cash. I cannot take ...
25
votes
7answers
49k views

How widely accepted are Euros in Hungary and how bad is the exchange rate practiced by shops/hotels?

The official currency of Hungary is the Forint but so far everything I have looked for prices online, such as trains, buses and taxis, are quoted in Euros and Forints. Hotel reservation asked that I ...
24
votes
2answers
5k views

Do I need to have cash money to be allowed into a Schengen country?

I'm planning a two week tourist trip to Hanover, Germany. I'll be landing in Paris for a connecting flight and will most likely have to go through passport control there and they always ask you those "...
24
votes
1answer
5k views

How do I pay for a US parking ticket from the UK?

I went to States recently rented a car from enterprise and in Washington got a parking ticket (100$). Since it gives 30 days to pay I wasn't in to much of the hurry. When I tried to pay for the ...
23
votes
3answers
7k views

Breaking $100 banknotes into smaller denominations while in the US

I will be travelling to the US and have some (clarification: 7 or 8) 100 USD banknotes. When I arrive there, I would like to change them into 5/10/20 USD banknotes, to use when credit cards are ...
23
votes
7answers
103k views

How much cash can you carry on a flight within the European Union?

Is there any specific limit of money you can carry on cash while flying from one European Union country to another?
23
votes
6answers
4k views

Can I pay with HKD in Macau or Shenzhen?

I'm going to Hong Kong next month and planned to visit Macau and Shenzhen (maybe Guangzhou). So are HKD accepted in Macau and Shenzhen or I must pay with local currencies (MOP/RMB) ? And vice-versa, ...
22
votes
4answers
41k views

How can I exchange Rs 500 & 1000 notes in India as a foreigner?

I am travelling to India in late December. I exchanged cash for my trip a couple weeks back and now have a considerable amount of those 500 rupee notes which are no longer valid. I'm a bit at a loss ...
21
votes
4answers
4k views

Acceptance of large bills in Denmark

How difficult is it to break large kroner bills (200 or 500 kr) in Copenhagen? I'm asking because I know it's very hard for a tourist to pay with 50 or 100 dollar bills in US; and some people didn't ...
20
votes
3answers
14k views

Do I have to declare less than $10,000 in cash to US customs when coming back from vacation?

I'm confused after reading this article: http://traveltips.usatoday.com/much-money-can-bring-united-states-100169.html In the first paragraph, it states: "You may bring up to $10,000 in currency, ...
20
votes
5answers
12k views

How to divide large bank notes into smaller ones while traveling?

When traveling abroad I have noticed that usually the exchange rate is more favourable if I withdraw the cash from ATM at the destination. But getting money this way has always caused me some trouble ...
19
votes
5answers
17k views

Is it okay to have less than 10,000 EUR when in Europe?

I want to travel to Europe but someone told me you must have 10000 euros. I don't really have that much money available. I wish to visit many places in Europe by the next year, but there is no ...