The task of exchanging your hard earned money into dollars or some other currency is a tough task. But when you decide a holiday trip to abroad you need to do currency exchange. As everyone knows that there are a variety of options for currency exchange like traveler's cheque, taking cash or using a debit card or credit card. While choosing any of the options keep in mind that there are ways using which you can save big on your earned money during currency exchange process.
Never withdraw money using your debit card or credit card in abroad because every time when you take out money they will charge a high commission. So, not using this process will help you to save lots of money which you can spend somewhere else during your vacation.
Always try to expand your fund. While doing currency exchange in Delhi keep 20 to 30% in the form of cash and for the remaining money ask the bank or foreign exchange company to issue a travel card. This will reduce the risk of getting robbed in another country.
Try to do money exchange in bulk if you are a frequent traveler. In this way, you do not need to exchange money every time and you can also sell currency afterward in Forex market and can get some good amount.
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