Before traveling, make sure your finances are in order. When there is an unusual amount of fraud occurring in a foreign country, the Credit Union sometimes blocks transactions from that country. Other financial institutions sometimes block foreign transactions as well, so you may want to consider the following tips before you go.
Here are a few tips that will help you have a smooth trip:
- Call the Credit Union (and all other Banks and Card providers you may have) to notify them of your travel plans. Contact the credit union 24-48 hours in advance.
- Be prepared to provide; mode of transportation, state or countries you will be visiting, the date you plan to leave and return.
- Ask your financial institutions about any foreign country restrictions. Find out how and where you can access their services.
- Determine which accounts you will withdraw from, and how you can receive those funds (ATM, Wire Transfer, etc).
- Review your records to ensure that you will have the proper funds available as you travel (make sure your bills are in order, too).
- Make a list of all your credit and debit card numbers, and the phone numbers of all your financial institutions.
- Keep your lists and plans in a safe place, and give a copy to a trusted family member or friend.
Simply call your financial institutions before you leave. They can work with you and take the necessary steps to ensure that your funds are available as you travel.