Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish Export from Nigeria:Made Easy

Dried Crayfish is one of the foodstuffs currently being exported from Nigeria to countries in Europe, America and Asian More »

How to export Ginger from Nigeria and Make Huge Profit

How to export Ginger from Nigeria and Make Huge Profit

The demand for Ginger in the international market has gone up significantly because the root is now being used as raw material in manufacturing process. More »

Make Millions of Naira through Cashew Export from Nigeria.

Make Millions of Naira through Cashew Export from Nigeria.

The export of cashew nuts and other agricultural commodities from Nigeria is fast becoming very lucrative these days; More »

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits

Bitter kola export business in Nigeria, Invest N80, 000 & make100percent profits More »

Start A Profitable Groundnut Oil Production Business in Nigeria

Start A Profitable Groundnut Oil Production Business in Nigeria

The high demand for groundnut oil nationwide and the short fall in supply due to the ban on the importation of the product by the federal government of Nigeria has thus make Groundnut oil production business very lucrative. More »

 

5 Interesting Ways To Cut Bank Charges When You Travel Abroad

Banking abroad is more than just using your card at an ATM or using Point of Sale. So, when you travel abroad and you want to perform any transaction, you must know how to avoid paying bank fees, eliminate foreign transaction charges, and get a good exchange rate. If you do not, you will discover that your bank will have a field day deducting fees for banking transactions. In line with this, Jumia Travel, the leading online travel agency shares ways you can reduce bank charges when you travel abroad.

Eliminate ATM fees

ATM fees can really add up because while travelling, you will probably withdraw money from an ATM. Of course, you already know that ATM fees vary around the world. With this at the back of your mind, you should get a bank in the Global ATM Network. This is a network of large banks that have removed fees and allow for free ATM withdrawals.Don’t use ATMs in weird locations

Using ATMs you find at random places is not really a good idea. They may be convenient but they always charge high ATM fees and their exchange rates are high. Avoid such ATMs and find a major bank to get cash.

Never change money at airports

Most exchange bureaus in airports do not offer good exchange rates. The rates at airports are usually unfavourable. As such, do not change your money at the airport except you have to.

Exchange with other travellers

If you end up with extra local currency at the end of your trip, consider selling it to another traveller. You will probably get a better rate and you can avoid all bank and conversion fees.

READ  WEMA Bank promotes women development

Download the XE app on your phone

It’s always best to know the exchange rate for the country you are travelling to. The XE Currency App is perfect for this purpose as the app automatically updates every day with the exact exchange rate.

Leave a Reply

Your email address will not be published. Required fields are marked *