what is the best way to get money out of the bank, when you're oversea. will your won bank allow you access

Question

from your own current account

Answer 1

from a cashpoint. check with your bank if you can do it first. don't go abroad and find out you can't

Answer 2

It depends on what card you have and which country you go.

It is often harder to use a cash card than credit cards. If you want to use a cash card, ask your bank for the list of the cash points of your destination. If you have a premier account HSBC won't charge any commissions or handling fees.

If your credit cards are not issued by one of the major banks you might find it hard to withdraw money or use it for purchases.

Also, keep it mind that if you cash money with your credit card, the handling fee and commissions are quite expensive and your card company might decrease your cash withdrawal limit later on.

The other option is travellers cheques even though you have to pay commissions.

Find out all the facts from your bank, card companies and the rate of travellers cheques and assess the best option for you.

I would use a credit card as the last resort.

Answer 3

you can access your account via atm's but this can be a bit expensive.the bank will charge you a fee for changing the currency of the country you withdraw the money from and applying it to your account, you will also find that probably an extra fee has been applied by the bank whose atm you are using. i would suggest setting up something like a fax indemnity scheme so you can fax your bank and ask them to wire money to you. although sometimes difficult for foreign nationals, you could also try opening an account in the country you are in especially if you are going to be staying there for some time. in the uk you would usually require two forms of id one confirming your identity eg: passport and one confirming the address you are staying at eg: bank statement, electricity bill

Answer 4

as long because of the fact the banks owe the government the government owns the banks. and that's the reason the government won't take back the money. the government, Obummer and Pelosi particularly, prefer to possess each little thing. while they own each little thing tangible OBummer would be coming after your soul.

Answer 5

You should be allowed to use any cash point.

However your bank is likely to charge you for the privilege of taking your money out overseas (normally a percentage of what you withdraw). Nationwide don't but they are the only one.

Answer 6

Cash card at the cash machines, try not to use credit cards because of the high interest rate charged for withdrawing money

Answer 7

if your cashpoint card has a visa sign on it you can use the cashpoint in any country.

Answer 8

use your cashpoint card if its Visa etc

Answer 9

my advice is to have someone western union you money and then paythem back when you return home....