Preparing for a holiday simply shouldn't be an issue for anyone. But as one prepares to go out they find the biggest nightmare to deal with is the currency rates for the country they are visiting. But don't allow the stress of these foreign currencies get you down as you have several travel money delivery systems available to you.
Currently the pound sterling remains strong and conversions to other foreign currencies are quite generous. Of course the change in currency can be handled several different ways, and whilst each may seem to provide the consumer with the best deal, not all are customer oriented and the wisest choice you have.
For instance, the traveler could choose to exchange currency in the UK before going abroad. You will be charged a conversion fee as well. These fees are the standard rate and there is no reduction of fees on this conversion method. If you want the equivalent of 100 pounds you will need to have the funds on top of that to cover the conversion.
On top of that you will need to keep track of these funds for the entire trip. If you lose these funds you will have to rely on an outside funding source. If you forget to bring any other funding sources you are in serious trouble. Cash can be stolen easily, and if it is there is no way to replace it leaving you in a bad predicament.
A second option for the person on holiday is to use a credit card. With your credit card you have the option to use it at an ATM or Bank to withdraw funds from your account. Either way, the credit card will most likely give you a very poor exchange rate, as well as inordinately high ATM fees.
But when a person want their travel money delivery with the best funding options, and the lowest conversion rates they should decide to go with a prepaid currency card. These cards are loaded with your funds at a considerable discount and work just like a debit card.
Cards like the FairFX Currency Card give much better exchange rates and are safe for worldwide use. Each card has been created to be use whilst traveling. In fact they are even easily reloadable if you run low on funds you simply need to find an internet connection or make the transfer with your mobile phone with the FairFX telephone top-up service.
Simply choose a card that meets your needs and load it to receive the best overall benefits that these cards carry. They are safe, inexpensive and secure. This means they are safer than cash and cheaper than the average credit card and offer peace of mind that the other two can't deliver on.
Friday 25 June 2010, 01:59pm
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