How to carry foreign exchange when traveling abroad?

Compared with domestic tourism, the preparation time for traveling abroad is long and the process is complicated, which inevitably involves the issue of currency exchange. In addition to cash, you can also use international credit cards, bank drafts and traveler's checks to carry foreign exchange. Advantages of cash: simple and direct, no handling fee. Disadvantages: unsafe, inconvenient, exchange loss. Most people choose to carry cash when they travel abroad, which of course has its advantages, but its disadvantages are also obvious: it is inconvenient and unsafe to carry a lot of cash with them; When foreign currency is converted back to RMB, the cash quotation is lower than the cash quotation, which will cause losses; In addition, the use of cash may also encounter counterfeit money, and the risk of loss must be borne by yourself. Advantages of bank draft: reliability and low handling fee. Disadvantages: it is cumbersome and not widely used. Bank drafts have their own characteristics: they are generally opened by foreign exchange banks that handle international business, with reliable credit and low cost. Generally, banks only charge a few thousandths of the handling fee. But its disadvantage is that it must be handled through the bank, and the procedures are cumbersome. Advantages of traveler's checks: you can enjoy a variety of services. Disadvantages: It is more complicated than cash and requires a certain handling fee. International credit card deposit and withdrawal function-cardholders can deposit and withdraw cash at foreign currency savings outlets of Industrial and Commercial Bank of China all over the country, or they can withdraw cash at ATMs with VISA or MASTER logo posted overseas; Transfer function-according to the regulations of the issuing bank, cardholders can deposit funds into other domestic banks or overseas ICBC agencies by transfer; One card and two coins-the cardholder's domestic consumption is accounted for in RMB, and consumption abroad is accounted for in US dollars; Overdraft consumption-within the credit limit, cardholders can use credit cards to overdraw consumption in domestic ICBC merchants or overseas 6,543,805,000 VISA and MASTER merchants; Interest-free repayment-cardholders can enjoy an interest-free repayment period of 25~60 days.