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34 – Ensuring Money or Cash Safety During Travel!
Related Pages - Please Also See;
33 – In Case of Theft and Loss During Travel
34 – Ensuring Money or Cash Safety During Travel
35 – Ensuring Credit Card Safety During Travel
14 - Precautions While Walking On The Streets During Travel
Safety Tips for Business Travelers
Travel Safety for Senior Citizens
Ensuring Money or Cash Safety During Travel!
CARRY minimum cash and maximum travelers checks!
Never keep your cash, credit cards, travelers checks and passports in one place!
Countersign travelers checks only in front of the person who will cash them
Do not flash large amounts of money when paying a bill
Make sure your credit card is returned to you after each transaction
Deal only with authorized agents when you exchange money, buy airline tickets or purchase souvenirs
Do not change money on the black market even if you are getting better rates!
If your possessions are lost or stolen, report the loss immediately to the local police. Keep a copy of the police report for insurance claims and as an explanation of your plight
Keep money in more than one pocket
Apart from ATMs, the best locations for exchanging foreign currency are banks, the biggest ones you can find. They offer fairly decent rates and low fees, and do much better for you than the commercial money-changing kiosks and storefront establishments. Never use the latter!
Use a money belt and your hotel safe. Do NOT carry unnecessary amounts of cash with you!
Ensuring Money or Cash Safety During Travel - A Summary!
To ensure money safety during travel, carry only the daily cash you need in a money belt or front-worn pouch, keep the majority of your money and valuables in a hotel safe, and store additional emergency cash in hidden, separate locations within your luggage, like in socks or a book. Using credit cards for larger purchases and carrying a decoy wallet can also provide a safety net if you are targeted.
Distribute Your Money and Valuables
Use a Money Belt or Neck Wallet:
Wear a flat, cloth pouch under your clothes to carry your daily cash, one credit card, and your identification discreetly.
Hotel Safe:
Store your main bulk of cash and other valuables, like passports when not in transit, in the hotel's safe.
Hidden Emergency Cash:
Create a few "emergency stashes" in separate, unexpected places in your bags, such as inside a rolled-up pair of socks or tucked into a hollowed-out book, to prevent losing all your funds at once.
Decoy Wallet:
Carry a separate, less secure wallet with a small amount of cash and expired credit cards to give to a thief, which may prevent further searching for your hidden money belt.
Use Financial Tools Wisely
Limit Cash on Hand:
Carry only the cash you'll need for daily expenses and small purchases to reduce the risk of theft.
Leverage Cards:
Use credit or prepaid travel cards for larger expenses, as they are more secure and can be cancelled if lost or stolen.
Use ATMs located inside financial institutions or busy, well-lit areas to avoid tampering and scams.
Stay Aware and Be Discreet
Avoid Displaying Cash:
Keep money out of sight when making purchases to avoid drawing unwanted attention.
Be Wary of Your Surroundings:
Stay vigilant in crowded areas like airports, train stations, and markets, as these are common spots for pickpockets.
