To avoid high conversion fees, reject dynamic currency conversion (DCC) at payment terminals and pay in local currency when merchants offer it. Understand potential ATM fees abroad and what foreign ...

There’s no doubt that traveling abroad can be expensive. Accounting for expenses including airfare, hotel stays, meals and excursions, you’ll need to budget and save for a big trip so you don’t rack ...

You use your card to make an in-person purchase while you’re outside the United States. You use your card to buy something online that’s sold in a foreign currency. Generally, the foreign transaction ...

Whether an experienced international traveler or a first-timer, managing spending while traveling abroad can be challenging. A foreign transaction fee, typically 1% to 3%, is charged to bank ...

The Reserve Bank of India has proposed new regulations mandating banks to disclose all foreign exchange transaction costs ...

Learn how foreign drafts simplify international transactions, save on currency conversion fees, and ensure timely payments ...

Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Many international travellers ...