Review your credit card fee policies before traveling outside the U.S. to avoid surprise costs. If needed, apply for a credit card without travel-related surcharges and fees. To avoid high conversion ...

At TPG, few things frustrate us more than unnecessary fees — and foreign transaction fees are near the top of the list. You may have noticed that when you use certain credit cards abroad (or on a ...

Are all foreign currency gains taxable? No. Under a de minimis exemption individual taxpayers with foreign currency gains of $200 or less on a “personal transaction” do not need to report them. How ...

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 ...

The Bank of Thailand has instructed commercial banks and state-owned financial institutions to declare foreign currency ...

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 ...

The Bank of Thailand (BoT) has stepped up regulatory oversight of inbound foreign exchange transactions to ease baht ...

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

Are there special hedging provisions for section 988 transactions? Yes. In addition to the business hedging rules I address in our earlier Q&A with Andie series,[1] a special hedging provision is ...

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 ...

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 ...