7 Grave ATM Mistakes That You Must Avoid Overseas
ATMs are used to withdraw money anywhere and everywhere. There is no need to stand in long queues and fill in forms for withdrawing money. ATMs are convenient and easy-to-use devices that are located all across the globe for providing uninterrupted services to their customers anywhere in the world. Since you are accountable for everything, it is crucial you avoid these grave ATM mistakes.
Not informing your bank
Your bank is your all-time travel buddy. Since it is with you all the time, it is essential for you to inform your bank that you are traveling to a different country and will be needing assistance. Banks sometimes cease an account if they come across any unusual activity. If your bank detects money that has been withdrawn from your account in a different country, they may take measures to prevent it from happening again.
Forgetting the ATM password
Write it down or learn it by heart it but never forget your pin. In case of an emergency, you will neither be able to contact anyone nor withdraw any cash. Also, if a wrong pin is entered from a different location, the bank will immediately be informed and necessary actions will be taken against it.
Assuming all ATMs function similarly
You may not get the same service abroad as you would in your homeland. ATMs vary from country to country and thus, it is important to learn about them before using them.
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Withdrawing money from the credit card
Credit card companies charge you huge fees for withdrawing money abroad. Your statements may become thicker than usual if you withdraw money from your credit card. So, make sure that you swipe directly instead of liquefying your credit.
Relying only on ATMs
If you are traveling to another country and solely relying on plastic money then you will face some hard times. Always keep a backup of cash when traveling so you do not have to visit an ATM if there is an emergency. Also, your withdrawal amount is limited, which should also be taken into consideration before traveling.
Count the money at the ATM
Ever since the inception of technology, people have become extremely careless and lazy. Only a few people actually count the money that they withdraw from the ATM before exiting the vestibule. When you are overseas, each action can lead to some consequence. It would not hurt to spare two minutes to check if the amount is correct.
Not having any contact with the bank
As mentioned earlier, informing your bank about your whereabouts is important. For instance, imagine if you were to lose your card, how would you control the situation? You will be expected to contact your bank and get your card blocked to avoid any further complications. But how will you do that if you do not have your bank’s number readily available with you? Thus, it is advisable to have your bank’s contact number with you at all times when traveling overseas.
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