Have you seen cash exchange rates that are worse than travelers check rates?

Have you seen cash exchange rates that are worse than travelers check rates?
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1 Answer

Answer :

Check with your bank to see if they charge an international fee for ATM use. Some banks charge this while others do not. If you are lucky enough to have a no-charge bank, this is often the cheapest way to get money while overseas. In Europe (I know New Zealand isn’t there) traveler’s cheques seem to carry an additional 1% charge at banks. And buying traveler’s cheques cost 1% as well. That said carrying large amounts of cash with you is not very safe.
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