How to travel abroad with foreign exchange

Carrying cash: Cash is a common currency, which is the favorite way for most outbound tourists at present. This is the most convenient to use and the simplest procedure. According to the relevant regulations of the State Administration of Foreign Exchange and the General Administration of Customs, domestic residents do not need to declare if they bring foreign currency cash with the equivalent of less than 2000 US dollars out of the country. Those who carry foreign currency cash equivalent to more than US$ 2,000 need to apply to the bank for a foreign currency carrying certificate. Generally speaking, it is not allowed to bring foreign currency cash with the equivalent value of 10000 dollars or more out of the country.

Disadvantages: foreign currency exchange, cash quotation is lower than cash exchange, the more exchange, the more debt. The safety of carrying cash is also a problem, and cash cannot be reported as loss.

Suggestion: This method can be used for short-term overseas travel with less money, but it is only suitable as a supplementary means for travel with more money. If you need a lot of money to go abroad, it is recommended to bring a dual-currency credit card or bank draft.