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Among the worst things that can happen on a trip abroad is losing your money. That said, even if you are visiting a destination with an unsavory reputation for pickpocketing, there are ways to work around it and keep your money safe. Here are some travel tips to help you safely carry money when traveling abroad.
Before you embark of a trip abroad, you should be familiar with different formats in which you can carry money with you. The most popular options are:
When travelling abroad, make sure that you split up the money you carry into multiple formats. That is, carry some as foreign cash, some as travel cards and some in form of international credit and debit card. Obviously, you may not use the costlier options under normal circumstances – but they can come handy in case of an emergency. Also, make sure that you store the monies in different bags/jackets etc. to ensure that you don’t run out of money if one of the bags is misplaced or delayed.
One of the safest ways to make payments abroad is by using electronic money. You can use your smart devices to do the same. Further, you can setup your smartphone and smartwatch to act as your credit card and not actually carry physical cards with you! But remember not all vendors will have the technology to accept payments through such devices.
A traditional wallet could act as a beacon to pickpockets. Someone looking to swindle you will look for – and maybe only for – the wallet. So, you should use unusual wallets. For example, you can use a small make up bag to carry cash and cards. Some travelers use cigarette cases or old pill bottles for the same.
Regardless of where you are traveling, losing your monies can be a very distressing experience. Always purchase travel insurance that would cover you against such scenarios and will provide you emergency cash when needed.
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Disclaimer :The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Insurance needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice for Travel/Health/Motor. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.
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