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-   -   ATM's in South America (https://www.horizonsunlimited.com/hubb/travel-hints-and-tips/atms-in-south-america-37965)

oldbmw 19 Apr 2009 22:52

recently I had a card swallowed by a foreign cash machine... fortunately I had an address to which anew one could be posted, but it took two weeks to get it,
What do you all do?

*Touring Ted* 20 Apr 2009 07:44

The solution is not to have all your eggs in one basket..

I have 2 different bank accounts with 2 different cards as well as 2 credit cards.

I split my travel cash between between the 2 difference bank accounts.

I would use my debit card in the ATM's. I happened to lose my debit card so I just used the other card. I didnt even bother with getting a replacement. SIMPLES !!

I also have a couple of credit cards (1 stashed in luggage, 1 stashed in the bike)..

When I lost my whole wallet, I used my credit card to withdraw cash and pay for fuel until I could get a replacement.

Using a credit card for trips, gifts, excusrsions etc means you have that security of claiming back any dodgy thefts or transactions.

Many people also prepay their credit cards. I personally would pay for insurance on ONE card. The one you use for any large or suspect payments while abroad.


What I would now do in heinsight is to have £50-£100 for EVERY different currency you will need. Just as an emergency, stashed deep in my luggage. It can be a nightmare at some small border towns to try and change cash or find working ATM's. Not being able to buy fuel and a bed for the sake of a few quid makes no sense.

daveg 20 Apr 2009 19:12

Quote:

Originally Posted by tedmagnum (Post 238474)
What I would now do in heinsight is to have £50-£100 for EVERY different currency you will need. Just as an emergency, stashed deep in my luggage. It can be a nightmare at some small border towns to try and change cash or find working ATM's. Not being able to buy fuel and a bed for the sake of a few quid makes no sense.

I did this for my transamerican trip. It made things so much easier. I went to a currency exchange place in Houston and ordered about $30-50US in as many latin american countries as possible.

You may not get the best deal, but it was so convenient that I would have no pressure to find money right away.

A word of advice if any of you are going to Bolivia. Don't bring back any currency unless you want to save it as a soveneir.

I had about $100us left of Bolivianos with the intention of selling it at the border with a money changer. Unfortunately, the border that I went to (south chile) was desolate.

I tried to exchange the money in 20+ casa de cambios in cities near bolivia all the way to Santiago with no luck. No one would take the money.

Once I realized I couldn't sell it to a currency exchange place I ended up finding a backpacker at a hostel and telling it to her.

Apparently casa de camibios don't want to get involved with double digit inflation

dg


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