60 Million British people go overseas for business or pleasure every year*. Buying your travel money can often seem to consist simply of ensuring you get the best exchange rate. However, it is just as important to familiarise yourself with any rules relating to taking money into or taking money out of a country.
This applies to many countries and currencies. We have used the South African Rand as an example because it was a significant issue just a couple of years ago. There are many countries that try and stop money leaving. Some of the restrictions are lax and rarely enforced but others are quite strict. Now on every currency page we have an easy to read summary of key facts and information on this sort of limit and other important rules. Read more... (471 words, 1 image, estimated 1:53 mins reading time)
When I was doing the research for this article the first reactions of everyone I spoke to was “pickpockets” and/or “money belts”. These are prefectly valid concerns but things have moved on in the last ten years and most of us are actually carrying contactless debit and credit cards. I will leave you to think for a second about what that means before I continue. Read more... (817 words, 1 image, estimated 3:16 mins reading time)
You may not have noticed but we have made a couple of subtle changes to our site recently. At the top of the page it used to read ‘Exchange Rates‘, ‘Travel Insurance‘ and ‘Currency Cards‘. If you look now you will see that currency cards have over taken travel insurance, we are also linking to them in our main navigation on the left which is also new. These are not big changes and one would have thought not much to warrant writing a blog about. Read more... (321 words, 1 image, estimated 1:17 mins reading time)