Avoid High ATM Fees
With high ATM fees becoming more and more common, and ATM overseas withdrawal limits becoming smaller, getting cash whilst traveling abroad can have a significant effect on your budget!!
Add to this the frustrations of finding a cash machine that works with your international card, without a power cut or card skimmer ruining your day, and getting cash on holiday can be stressful and difficult.
There is another solution to access funds without using an ATM. Now that so many overseas workers send cash home to their families, there are lots of local cash pick up points to collect these funds in most countries / tourist destinations.
This means that, in a similar way, you can use your ATM card (debit/credit) or bank details to securely send yourself funds online through a reputable International money transfer service. Our guides tell you which domestic money transfer agents have a partnership with this service so you can pick-up your cash locally. This transfer is normally available to pick up within hours for the first time you do this, and instantly for future transfers.
You can withdraw much more than the cash machine limit and bypass the high ATM fees altogether.
To give this method a try, just search to find the country / destination guide for where you are traveling to / currently staying, or choose from the main menu and follow the instructions to avail the promo code that removes FEES on your first money transfer. Try it out & Say NO to high ATM fees!!!
Sending Money To A Bank Account Instead
You can also use the above method to quickly transfer money to an overseas bank account, perhaps to pay for your accommodation or an activity. The promo code below for NO FEES on your first money transfer also applies for these transactions.
Click HERE for this service.
IMPORTANT: If you don’t see your Country in the Choose a Country To Send To list, this is because you must first choose which overseas country to send money from. The “Send From” option can be found at the top of the page on PC/Laptop. On mobile it is the last option in the drop down menu at the top of the page represented by the 3 horizontal lines.
Once You have chosen a Country To Send To, click “Get Started”
On the next page make sure the ‘Bank Transfer’ tab is ticked, click “Continue” and proceed with your transfer. Don’t forget to use the promotion code “FREE” (without quotes) on the payment page to get your first transfer FEE-FREE!
For more information visit this FAQs section.
Wise, formerly TransferWise is another service that also offers bank transfers. If you are new to the service, and follow THIS LINK, you will automatically pay NO FEES on your first transfer of up to £500 (or the equivalent amount in any other currency).
Arguably the best thing about them is that they give you the mid-market rate on the currency exchange, so it’s much cheaper than a traditional bank to bank wire transfer. You won’t need any SWIFT or IBAN numbers, just the name of the account holder, their account number, the bank name and branch location.