Taking large amounts of your own currency for changing when you arrive is probably one of the worst options for carrying money.
Your exchange rate will be retail, which is always going to be more expensive that wholesale.
Also, in most places, the person doing the exchanging will always want their little “cut” from the transaction.
Banks and hotels are the best places to change money but you can still get ripped off by the unscrupulous. Keep an eye on the daily rates to avoid this.
Remember, there may also be a fee for currency conversion so always ask about [...]
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Once upon a time, everyone who travelled carried traveller’s cheques, but not anymore. Nowadays, credit cards are the norm.
Traveller’s cheques are similar to cash and can be used as such (especially in North America, not so much elsewhere), but they also have added security features that cash doesn’t. If you lose them or they get stolen then the money is refundable.
With American Express cheques you get 24/7 customer support, plus passport and credit card replacement assistance (the things that usually get stolen alongside your money). Find out more here.
They also come in a few selected (popular) [...]
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