Even if payments are increasingly electronic, certain activities on vacation require you to have some cash on you. If you are going to France or Italy, this will not pose a particular problem. But, in some countries that don’t have the Euro, finding yourself without cash can quickly become a disaster. We tend to rush into the first bank to recover some cash. Concern ? When you take money abroad, the exchange rate is often higher than usual. So, for which countries do you absolutely have to provide cash in advance? Wise, an international money transfer company, reveals the 3 countries in which banks impose the highest surcharge.
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australia
At the top of the list is Australia. For a withdrawal of Australian dollars equivalent to €100, count a little more than €6 in additional fees compared to the usual rate. To visit the country which includes several of the most beautiful beaches in the world, you will have to make sure you provide the necessary cash for your activities.
United States
The United States is very popular this year. So, if you are one of the lucky ones who will be going to the other side of the Atlantic, plan your American dollars in advance. There, you risk having an additional cost of more than €5.50 per €100. This will give you one less burger to test after each withdrawal. And it would be a shame to have to go without a restaurant.
New Zealand
In third place in the ranking is New Zealand. If you want to test their economy class berths, be aware that the additional cost for cash corresponds to just under €5, always in increments of €100. Fortunately, New Zealand is one of the 5 countries using the least cash in the world with Canada, Singapore, Hong Kong and Japan. A priori, therefore, you should not need a lot of liquid there. But still plan a few New Zealand dollars in advance just in case.
A few tips for getting the best rate
As we told you, the easiest way is to buy your currencies directly in Belgium before leaving. If you are leaving for a long time, do not hesitate to look at the rates from time to time. They often vary and may be more beneficial at certain times. Finally, do not wait to be at the airport to withdraw money. Whether in the departure or arrival area, the exchange rates are generally higher than in the cities. Even if you’re bored at the airport, try to upgrade yourself by following our tips rather than going through the ticket machine.
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