Best Way to Carry Money Abroad and Travel with Peace of Mind (2024)

Money is always on our minds!

Whether during our everyday lives or when we’re out on the road and travelling the world, carrying money is a regular occurrence.

It’s the travel aspect I wish to discuss with you right now and the best way to carry money abroad so that you can feel safe and secure on the road.

Everyone has methods of dealing with precious travel money, whethertravelling with cash or gettingby with a credit card as your primary use of spending.

Either way is acceptable, I use both, sometimes one more than the other depending on where I travel, and whatever you use, you’ll always find suitable means on the best way to carry money abroad.

The best way to carry money abroad.

Disclaimer: A side note, some of the products below contain Amazon Affiliate links where if you purchase a product or two, I may earn a small commission, don’t fear, it’s at no further expense to you.

Often securing your hard-earned money and virtual devices is at the forefront of your mind while roaming out and about at your intended destination.

Therefore, let’s discuss the best way to carry money abroad and a couple of handy money travel tips while touring the globe.

Lock up the cash and carry the minimum amount required

The in-room hotel safe is ideal for locking up secure documents of passports, visas and extra money. You can use it to the maximum val, storere away extra cash and only taku the bare minimum needed while out for the day exploring.

If the hotel doesn’t have an in-room safe, find an alternative method of storing away your extra cash securely in your room so it’s not coming with you. If you’re going to be a victim of theft while roaming about, it’s best to minimise the damage and travel light.

Keep your cash secured with a travel money belt

Anything wrapped around your waist in the form of a travel pouch or a travel money belt is a fantastic way to secure money, cards and other essential items.

The belt is securely around your waist with secure zippers storing the goods, therefore, making it hard for anyone to snatch away your holiday money.

Click here to purchase your handy travel money belt from Amazon!

Australian customers Click here!

Best Way to Carry Money Abroad and Travel with Peace of Mind (2)Best Way to Carry Money Abroad and Travel with Peace of Mind (3)

Secure the cards with an RFID Card Holder

Perhaps you don’t need to physically lose your cash for your balance to go down because these days, tricky thieves are scanning your credit cards to get the digital information required to steal your money with alternate methods.

An RFID Cardholder, wallet or backpack will block any attempt for your thieves to scan your credit card details, therefore, giving you further peace of mind when travelling.

Click here to purchase an RFID Card Holder from Amazon!

Australian Customers Click here!

Best Way to Carry Money Abroad and Travel with Peace of Mind (4)Best Way to Carry Money Abroad and Travel with Peace of Mind (5)

Use an Anti-theft Backpack for general use on day trips

A secure backpack is the standard purchase for travellers these days, especially when you think about the expensive items that travel with you besides cash.

That’s right! I’m talking about cameras, laptops and other essentials that are by your side during your travel.

That’s why, when you travel, a light and comfortable anti-theft backpack becomes an essential travel item to take on your adventures.

Click here to purchase an Anti-theft Backpack from Amazon!

Australian Customers Click here!

Best Way to Carry Money Abroad and Travel with Peace of Mind (6)Best Way to Carry Money Abroad and Travel with Peace of Mind (7)

Wear clothing with secure pockets

At times, you want to keep the cash at easy access instead of digging around for it in a bag or pouch.

When it’s possible, wear clothes that have secure zipper pockets where it will take skill and effort for the thieves to part with your money.

Not that it is entirely foolproof, as some of those thieves have mastered the art of taking valuables away from you without realisation.

Lookout for the best exchange rate

Let’s get away from securing your cash and cards and have a look at how to maximise your money value.

While travelling, you shouldn’t rush to the first exchange bank you find, especially the airport outlets, upon arrival. In that case, you can exchange enough to get by.

Try searching around for the best foreign exchange rate at several outlets in an attempt to betterment the money you have brought with you from home.

More spending money means fun stuff for you on holidays.

Always travel with freedom and purchase travel insurance

One last thing and the one item you must buy is travel insurance.

If you are a victim of theft, whether it’s a camera, smartphone or cash, don’t lose it completely. Travel insurance can ultimately save you thousands of dollars if you’re a victim of theft, or in the worst-case scenario, need medical attention.

I hope this little information of advice can help you travel with peace of mind when visiting the globe because the last thing you need is to lose what is rather valuable to you.

Jump for joy, you’re keeping safe while travelling.

Best Way to Carry Money Abroad and Travel with Peace of Mind (2024)

FAQs

Best Way to Carry Money Abroad and Travel with Peace of Mind? ›

Tips for Traveling

You don't want everyone in line to know you're carrying a lot of cash. Always keep cash and other valuables with you in a carry-on bag. Never leave such items in checked baggage. Don't forget to declare the cash to customs if you're traveling internationally.

What is the safest way to carry cash overseas? ›

Guidelines/Tips for Traveling with Cash
  1. Carry as little currency as possible.
  2. Carry cash in a money belt that sits on your waist (under your clothes) or a money pouch that hangs around your neck.
  3. Keep cash concealed and close to your body at all times.

What is the best way to travel with large amounts of money? ›

Tips for Traveling

You don't want everyone in line to know you're carrying a lot of cash. Always keep cash and other valuables with you in a carry-on bag. Never leave such items in checked baggage. Don't forget to declare the cash to customs if you're traveling internationally.

What is the alternative to carrying cash? ›

Like credit cards and debit cards, prepaid cards may be easier to carry around than cash. They may also offer some protection against loss, theft or fraud once you register them.

How do I keep my money and passport safe when traveling? ›

A money belt attached to your body would be the safest, portable option. Otherwise, covering up the passport could help. If a thief doesn't know what it is, they might be less inclined to steal it.

How much cash can a US citizen carry overseas? ›

You may bring into or take out of the country, including by mail, as much money as you wish. However, if it is more than $10,000, you will need to report it to CBP. Use the online Fincen 105 currency reporting site or ask a CBP officer for the paper copy of the Currency Reporting Form (FinCen 105).

How do you carry cash on international flights? ›

You shouldn't place cash in your checked luggage. This is because your bags are out of your sight and a lot more people have access to them. They also go missing much more often so it is safer to keep in your hand luggage where you can control its location and track its whereabouts much more easily.

Can TSA see money in your bag? ›

A good X-ray scanner will always detect money. Airport scanners can detect even the smallest amount of metal and can detect paper. The scanners will always look after things that look different to the norm. In this case, if the currency is arranged in bundles, it will be more easily detected.

Can TSA confiscate cash? ›

Does TSA have any authority to seize cash for a civil asset forfeiture action? The short answer is “absolutely not.” TSA cannot legally confiscate cash from a traveler or their luggage at the airport. Nevertheless, TSA screeners might detain travelers until law enforcement officers arrive and seize the cash.

What is the disadvantage of carrying cash? ›

Risk of theft: While carrying a small amount of cash is fine, having too much on hand can be risky. If your cash ends up being stolen or lost, you're out of luck. The chances of recovering it are slim unless someone finds it and is honest enough to give it back.

Why is it not a good idea to carry around large amounts of cash? ›

Innocently Carrying Large Amounts of Cash Can Result in Asset Forfeiture & Seizure.

Should you put a copy of your passport in your suitcase? ›

Copies of All Identification Documents

You want a copy of all your identification – one for each checked bag. Keep a hard copy of your documents in your carry-on and each checked bag of luggage with which you are traveling, in case any of them go missing during the trip.

Should you carry a copy of your passport? ›

Safeguard your passport. While overseas, carry copies of your passport ID page and foreign visa with you at all times. If your passport is lost or stolen, report it immediately to the nearest embassy or consulate, or at 1-877-487-2778.

Where do you put your passport when going through security? ›

The bottom line: always, always, always keep your passport on your person or in your personal item — one that will never be gate-checked.

Is it better to take cash or use debit card abroad? ›

On debit cards, spending is still cheaper as while there's no interest on a cash withdrawal, there's often still a fee (as well as the non-sterling transaction fee) when you use a cash machine. Since Brexit, more and more overseas ATMs have started to charge (higher) fees, so do keep an eye out.

How much cash should I have on hand for international travel? ›

That being said, it's always a good idea to have some cash on hand for small purchases, tips, or in case of emergencies. A general rule of thumb is to bring enough cash to cover one to two days' worth of expenses, plus a little extra for unexpected costs.

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