Travel and Leisure
Source : (remove) : Austin American-Statesman
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Travel and Leisure
Source : (remove) : Austin American-Statesman
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Traveling outside the US? Here's what to know when exchanging foreign currency


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  While it's not required, it's a good idea to exchange your American currency for the country you're traveling to.

The article from statesman.com, published on May 13, 2025, provides essential tips for Americans traveling abroad regarding foreign currency exchange. It advises travelers to avoid exchanging money at airports or hotels due to high fees and unfavorable rates, and instead to use local ATMs or reputable currency exchange services. The article also suggests using credit cards with no foreign transaction fees for purchases abroad, and keeping some local currency on hand for small transactions. Additionally, it warns against carrying large amounts of cash and recommends informing banks about travel plans to prevent account freezes. The piece emphasizes the importance of understanding exchange rates and being aware of potential scams to ensure a smooth and cost-effective travel experience.

Read the Full Austin American-Statesman Article at:
[ https://www.statesman.com/story/news/state/2025/05/13/traveling-abroad-dos-and-donts-exchanging-foreign-currency-united-states/83581379007/ ]