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10 tips of using ATM abroad
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Before you leave your home country for destinations abroad, you need to make some research to ensure you don’t get into trouble while abroad.
First, you must be sure the payment card you are carrying will be accepted in the country you are travelling to. It is after this is settled that you can then begin to do other findings on how to reduce charges or cost of using your payment card on certain ATMs. Other researches may also deal with how secure certain ATMs are in some areas within a country.
While Visa and MasterCard are universally accepted, you need to always do research on the destination you are visiting to make sure you can use whatever payment card you have.
There are certain parts of Africa where you don’t easily get ATMs that accept MasterCard credit or debit card. Conversely, there are certain areas on the continent where you don’t get ATMs that accept Visa debit or credit card.
[b]10 smart tips for using your cards overseas[/b]
According to [i]www.ytravelblog.com[/i], here are some handy tips to keep in mind when travelling abroad. These tips deal essentially with how to reduce transaction fees.
  1. Pay for tickets and online reservations with a credit card.

  2. Use credit cards or cash when dealing with merchants.

  3. Avoid using debit cards for purchases; if someone obtains your information, they can drain your bank account; it is easier to dispute transactions and get your money back on a credit card.

  4. Use your debit card to withdraw cash from an official bank ATM with security cameras.

  5. Use an ATM card linked to an account with modest funds, in case of hacking.

  6. Set up your mailing address with someone at home you trust. If your cards are lost or stolen, the bank can send your new card to that address. Your friend can then forward it to you. Banks won’t typically mail cards to an overseas address.

  7. Call your bank before departure to alert them that you will be travelling outside of the country and to which destinations so your card doesn’t get frozen because of unusual transactions.

  8. Have more than one card for backup carry in separate locations in case one gets stolen or eaten by an ATM.

  9. Set up online banking so you can access your accounts from anywhere in the world; be careful about making transactions on public computers and DON’T forget to log out!

  10. Know how to contact your bank in an emergency.
[b]Personal Identification Number tips you need to know[/b]
According to [i]www.ytravelblog.com[/i], you need to get a four-digit PIN number. This is because many ATMs abroad, particularly in Europe, do not accept PINs longer than four digits. Nigeria is fortunate because the Central Bank of Nigeria’s rule stipulates four-digit PINs. If your PIN is based on letters rather than numbers, change it to numbers. Many ATMs only have numbers on the keypad. Nigeria is also lucky in this regard.
Again, ATMs often don’t have a zero (0) button or won’t accept PINs that start in 0. You need to go to your bank and change your PIN to four digits that don’t include zero before you proceed on your journey. You need to also know your PIN number off by heart; never carry it around in your wallet.
Finally, always cover the keypad with your hand when entering your PIN. Scammers got the better of some travellers in this regard and drained their bank accounts. They use little cameras to capture your card and PIN number details.
[b]Simple rules to know when using ATM abroad[/b]
According to [i]transferwise.com[/i], always choose to be charged in the local currency of the country you’re in. If a Spanish ATM asks if you want to be charged in GBP or naira, say no. Don’t let the machine do your currency conversion. Here’s why: Foreign ATMs and card machines will often say nice things like “This ATM offers conversion to your home currency.” On the face of it, that seems pretty generous. But in reality, paying in your home currency is hidden-fee-hell-a scam that goes by the name of Dynamic Currency Conversion.
You’re effectively asking a foreign ATM provider or bank to gleefully make up an exchange rate for you. And the only thing more likely to screw you over than your bank, is a foreign bank.
Always keep that simple rule in mind: choose to be charged in the local currency of the country you’re in, and don’t let the ATM do your conversion for you.
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