How to Purchase Travel Money Online

Purchasing travel money online allows customers to buy foreign currencies before they set off on vacation. This method of purchasing travel money has a couple OF benefits. People who buy foreign currencies online avoid long lines at airport and street currency exchange counters. Another benefit is that customers can shop around to find the best rate of exchange for their money. Buying travel money online is a process that requires only a few steps that you can perform from any computer equipped with Internet.

Instructions

    • 1

      Research the current value of your own currency and the currency you want to purchase. This International Monetary Fund keeps information current on a daily basis. The site listed under Resources helps users view and interpret this data. It is important to check these values so you know which currency exchange companies are giving you the best deal.

    • 2

      Compare different online travel money sites. Find the company that gives you the best rate of exchange, which means the highest number of foreign dollars for your own currency.

    • 3

      Click on the type of currency to which you want to convert your money. This does not look the same for all sites. Some may ask you to type it in or pick from a drop-down menu.

    • 4

      Type in the amount of money you want to exchange for foreign currency. If you have a specific amount of foreign currency, you want to purchase, type in the amount of foreign currency.

    • 5

      Pay for your foreign currency using an accepted payment method. Input delivery or pickup information. Some sites only ship you money directly, while others have different locations available in cities where you can pick up the money.

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