New answers tagged money
1
In 2015, I found an even older CHF 50 banknote in my grandparents' house. It belonged to a series older than the 8th from which the picture is from. That one was no more legal tender since decades, for sure. Some Swiss coins found in the same box were stamped with the year 1960.
I went to inquire about at a local Raiffeisen bank branch (small office in a ...
1
It's usually a bad idea to send money by post, because it cannot be insured, so if it's stolen or disappears your money is gone.
However, it's usually not illegal to do so, so if you're willing to take the risk and trust the Polish post, the Swiss post and the Swiss National Bank, you can try your luck.
And in case you were wondering why OP can't just use a ...
5
It's 2021
and still it's not possible to withdraw USD. Not even at the branch. Only TZS and also very limited amount of 400k per transaction. It's roughly 175$.
Recommended ATMs:
First National Bank - no fee
Ecobank - no fee
Exim Bank - 10k fee per transaction, the cheapest I have found on Zanzibar
Side note:
You can of course use TZS everywhere fine. But ...
-2
Regarding currency, my usual go-to plan is to take local cash with me, usually as much as I think I will need for the trip. I keep my cash in my suitcase usually, and only carry on-person enough money to tide me over for as long as I'll be away from my hotel (essentially, my hotel is my ATM).
Cards often charge fees for conversion/withdrawal/transactions ...
6
It is a fair reasonable plan but it is also hard to generalize this to all countries. Let's see how we can improve it:
Make sure you have or will have enough money for planned expenses, any automatic spending at home (such as automated bill payments and subscriptions) plus an extra buffer for travel. There are frequently extra unexpected costs while ...
16
This is way more than I have ever done over the dozens of countries I’ve visited in all parts of the world, from places like USA to Zimbabwe to Brazil to China, and for trips ranging from backpacking in hostels to 5* hotel leisure trips to 18 hour work days at a remote office.
No one has ever asked me for proof of my bank account situation on arrival. I’d ...
7
For "just about any country", this is definitely not enough.
First, in some countries, cash usage may still be prevalent, and ATMs few and far between. For those countries, you'll have to take quite some cash.
Next, if any issue arises, a credit card is probably a much better option than a debit card (you usually have a lot more protection). Also, ...
3
About bank cards:
Pack my VISA debit card
That is a big security hole. A thief might have access to all your money – take a credit card.
Who the hell has two bank cards?
I have two credit cards. I use one for online purchases and one for in-person purchases. If one gets compromised, I can still spend by using the other. Neither has any fees (unless I can'...
5
What does "enough money on my bank account" really mean - enough money for what? Enough money for everything you plan to spend - of course But also enough money for potentially foreseeable problems such as having to change your flight ticket home, spend an extra couple of nights at your hotel/accommodation, purchase travel back to the airport ...
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