Before you travel, research different ways to carry and access money abroad -- such as credit card, debit card, travelers cheques, or cash – and decide which is best for you. Consider a combination in case one method fails. It’s always helpful to have some local cash on hand when you arrive to pay for local transportation and meals.

If your signature is required for any official or legal document while you are away, consider making arrangements for parents/relatives/someone you trust to have “Power of Attorney” which will give them authority to sign documents on your behalf. You should also create a budget to follow for your time away and look for student travel discounts.

ATMs are increasingly available overseas. Although it varies by country, “Plus”, “Star”, and “Cirrus” systems seem to be the most widely used abroad. Notify your bank and credit card company of your destination and travel dates so that they can authorize your purchases made abroad. You don’t want to be stuck in a situation where these companies have frozen your accounts because they suspect your cards have been stolen. You should also verify your card and PIN number’s compatibility with machines abroad – some machines don’t accept PINs over 4-digits. Keep in mind that depending on your card you may be charged with a foreign transaction fee and may have a limit on the amount you can withdraw daily. To avoid surprises - ask about this!