 New to Travel - Dollar account ? |
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| Travelling to SE Asia next year, should I open a US Dollar account? | ||||||||||||||||||
Tim1980 Tim Austen Post Count: 1 Msg: #1 108 weeks ago, November 27th 2007 | Hi, | New to the forum, and I'm looking to travel next year to SE Asia for 10-12 months and was after some advise. I haven't even begun planning yet, backpack, route etc but have started saving for it, my question is would it be better to open a USD bank account (I'm in the UK) to save for the trip and use whilst travelling or should I just save in GBP, I only ask as the dollar rate is at its best and in theory I should get more for my money ??? Tickets/insurance etc are going to be brought separately with GBP so I won't loose out there, but would it be better to travel with a USD rather than GBP account ? Thanks for you help, and this will no doubt be the first of many questions !! Tim  Ali Ali Watters Post Count: 3913 Msg: #2 108 weeks ago, November 27th 2007 | Hi Tim - welcome to travelblog. | Unless you are earning US Dollars - don't open a dollar account. The US dollar is falling and looks set to continue - though that's a gamble (it could switch!) You pay to convert from GBP to USD The GBP is almost as exchangeable as US dollars - so you won't lose out. It's good to have about $100 in $20/$10 bills when travelling - to pay for entry and exit visas. Most people now rely on ATM's and their home current account when travelling - I do and very rarely have problems.  pseudo sic sally sally sally Post Count: 23 Msg: #3 108 weeks ago, November 28th 2007 | heya i have no clue about se asia. but i have had no probs with atm. anyway i recomend travel ex. the withdrawl fees are less and its a safe way to carry money as if someone steals the card all they can take out is what u put in | Number of Users: 3 | Number of Posts: 3 | |||||||||||
