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The best Travel Money cards in 2025
The best Travel Money cards in 2025

Daily Telegraph

time26-06-2025

  • Daily Telegraph

The best Travel Money cards in 2025

Don't miss out on the headlines from Lifestyle. Followed categories will be added to My News. Escape's Doc Holiday, Dilvin Yasa, answers your travel-related questions. For many years I have used CommBank Travel Money card without any problems, but I'm thinking better options may be available. Can you recommend any alternatives? I receive a lot of emails about travel money cards, so it's probably best if I start by addressing some of their key pros and cons. Avoiding exchange rate fluctuations during your travels is a major benefit, since you effectively 'lock in' your money before you depart Australia (helpful when the Aussie dollar is falling faster than the Ozempic supply). Depending on the card you choose, you can have easy access to multiple currencies on the same card and you don't have to risk using a card that's linked to your Australian bank account while you're travelling overseas. It also means you avoid multiple currency conversion fees and you don't have to carry large amounts of cash. Of course, the disadvantages of travel money cards are nothing to sniff at. Some merchants may not accept travel money cards, or the currency of the country you're visiting may not be supported. There are plenty of fees associated with using a travel money card (everything from opening and reloading the card to ATM withdrawals and cashing out the balance of the card), lengthy load times where you will not have access to your cash, and limits on pre-authorisations. Comparison sites such as Canstar look at the pros and cons of using a travel money card compared with credit and debit cards and I'd urge every reader intent on travelling overseas to read through their options. Some merchants may not accept travel money cards, or the currency of the country you're visiting may not be supported. For your specific situation, I will say that Choice, too, compared travel money cards recently and found the CommBank Travel Money Card is one of the better options, particularly since it only charges users in one instance ($3.50 for ATM withdrawals overseas). If you were to compare this product with any other, I'd recommend looking at the Wise Travel Card, which lets you hold, spend in and convert 40 currencies – significantly more than the 16 currencies your current card holds. One thing to watch here, however, is that while free ATM withdrawals are advertised, it's only up to $350 a month, before you start attracting charges. You may also wish to look at Revolut Travel Card, which holds 30-plus currencies and remains a popular choice. Airlines such as Qantas are working with banks to find a solution. We booked our family holiday and found we were charged twice by the airline, with the second amount (later cancelled) showing as a 'pending charge', which caused our account to be overdrawn. How common is this practice? I've had this happen to me and it's incredibly frustrating (not to mention anxiety-inducing). Having had a chat with various airlines about 'the double dip', it seems that they're just as frustrated by what is a banking issue that is largely out of their control. Essentially, this happens when the authorisation doesn't drop off at the time of the payment being captured. Airlines such as Qantas are working with banks to find a solution, but in the meantime, it's a good idea to keep an eye on your account balance any time you book a holiday and to contact your bank immediately should you notice an authorisation set to cause financial chaos. You can explain the situation to your bank and ask them to remove it immediately. While banks have varying policies regarding how they go about this, and whether they'll need clarification from the travel provider, you should be able to get this sorted fairly easily. I find pleasantries and a cheerful manner go a long way to getting what you want. Good luck! I arrived in Mongolia a carnivore yet swiftly became a born-again vegetarian. I'm interested in a tour to Mongolia. Would you recommend it for vegetarians? I arrived in Mongolia a carnivore yet swiftly became a born-again vegetarian for the duration of my trip (it turns out that boiled and fried sheep tail is not for everyone) so yes, it can be done. I did it on the fly, popping into supermarkets in Ulaanbaatar and stocking up on canned vegetables and noodles, but it's best to let your tour leader know when you first book that you have dietary restrictions. Where possible, they will call ahead to find vegetarian alternatives to traditional khuushuur, tsuivan and buuz at any stops you make. The one thing that will mean the difference between a digestible meal and one that might even be enjoyable? A bottle of sriracha (or any other sauce you prefer), which you can apply liberally to anything that's placed before you. Mongols might be among some of the warmest people I've encountered on my travels, but they are not known for their love of seasoning. Need help? Doc Holiday is on duty to answer your travel questions. Email docholiday@ Personal replies are unfortunately not possible. Originally published as Doc Holiday: What travel money card is best?

Israel says killed money changer who transferred funds to Hezbollah
Israel says killed money changer who transferred funds to Hezbollah

Nahar Net

time25-06-2025

  • Business
  • Nahar Net

Israel says killed money changer who transferred funds to Hezbollah

by Naharnet Newsdesk 25 June 2025, 13:05 Israel said it killed Tuesday in south Lebanon the head of a money exchange firm that was allegedly transferring money from Iran to Hezbollah for military purposes. 'Haytham Abdullah Bakri, the head of the 'Al-Sadiq' Currency Exchange who operated with Hezbollah to transfer funds for Hezbollah terrorist activities, was eliminated by the IDF (Israeli army) in southern Lebanon,' the Israeli army said. 'The 'Al-Sadiq' Currency Exchange serves as a funds storage and transfer mechanism for Hezbollah, for funds originating from the Iranian Quds Force,' it added. 'These funds are used by Hezbollah for military purposes including purchasing weapons, manufacturing means, and providing salaries to operatives, and are diverted for terrorist purposes and to finance the continuation of Hezbollah's terrorist activities,' the Israeli army claimed.

OTC Markets Group Welcomes Currency Exchange International Corp. to the OTCQX
OTC Markets Group Welcomes Currency Exchange International Corp. to the OTCQX

Globe and Mail

time20-05-2025

  • Business
  • Globe and Mail

OTC Markets Group Welcomes Currency Exchange International Corp. to the OTCQX

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Currency Exchange International Corp. (TSX: CXI; OTCQX: CURN), which provides comprehensive foreign exchange technology and processing services, has qualified to trade on the OTCQX® Best Market. Currency Exchange International Corp upgraded to OTCQX from the Pink® market. Currency Exchange International Corp. begins trading today on OTCQX under the symbol 'CURN.' U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on 'We are pleased to commence trading on the OTCQX,' said Randolph Pinna, President and CEO of Currency Exchange International Corp. 'As a Florida, U.S.A based company, this important step aligns with our strategy to increase Currency Exchange International Corp.'s U.S. shareholder base while strengthening shareholder engagement with investors. This market upgrade will improve our exposure to a broader group of institutional and retail investors.' Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. About Currency Exchange International Corp. Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, ('CXIFX'), its related APIs with core banking platforms, and through personal relationship managers. Consumers are served through Group-owned retail branches, agent retail branches, and its e-commerce platform, ('OnlineFX'). About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX ® Best Market, OTCQB ® Venture Market and Pink ® Open Market. Our OTC Link ® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS TM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

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