How to use your current account abroad

How to use your current account abroad

When you’re abroad, the last thing you would want to worry about is money. That’s why it’s important to work out your finances before you travel, including whether you can use your current account in another country.

Can I use my current account abroad?

Most providers allow you to use your current account abroad. However, there can be a few conditions that are involved that you should consider. This includes:

  • You may have to inform the bank of the destination you are travelling to and the date you will be there from and to before you leave the UK.
  • Charges may occur when using debit cards abroad, including withdrawing money.
  • Check the conversion rate when paying with your card.

Are there charges involved?

Charges may apply when using your current account on holiday. The charges often occur when withdrawing money from a cash machine or using your debit card abroad as a form of payment. However, these charges can vary depending on the account and the currency exchange rate.

It’s advisable to check whether your bank or provider charges you to use your current account abroad to avoid any unexpected bank charges.

Are there charges involved?

Charges may apply when using your current account on holiday. The charges often occur when withdrawing money from a cash machine or using your debit card abroad as a form of payment. However, these charges can vary depending on the account and the currency exchange rate.

It’s advisable to check whether your bank or provider charges you to use your current account abroad to avoid any unexpected bank charges.

What should I do when using my account overseas?

Before you travel, there are a few things for you to consider.

Notify your provider

You will need to inform your bank or provider that you will be using your debit card abroad. If you fail to let them know, they may block or temporarily hold your account as a security procedure. If your provider suspects unusual activity, such as your account is used in another country to the one it is registered in, this can raise a concern for potential fraud. They will then act accordingly.

You can let your bank know via the phone, online, or in branch. How long you have to let them know can vary depending on the bank, although some may let you notify them on the day of travel.

Ensure providers have correct contact details

Making sure your contact details are up to date is important. This allows the bank to be able to contact you if any issues arise while you are abroad. If you do not let them know that you will be using your account in a different country, they may need to use these details to contact you to ensure that it is you who is using the account before they block it.

Check your card is accepted in different countries

Not all countries may accept your card. It is advisable to double-check that your card can be used. Otherwise, you may have to use another form of payment while you are in the country.

Always carry essential contact details

While you are abroad, it is worth ensuring you have your bank’s contact details with you. If any issues occur while you are outside of the UK and you need to get in touch with them, having those details to hand will make it much easier, quicker and less stressful to sort it out.

Keep up to date with home payment

Any payments that are due during the time that you are away still need to be paid. Setting up a Direct Debit or standing order to ensure they are paid on time means you won’t have to worry about your bills while you’re on holiday.

What if I suspect fraud while on holiday?

If you have noticed some fraudulent activity on your account while you are on holiday, or your card has become lost or stolen, then this is when having your bank’s contact details with you will come in handy.

It is advisable to check your provider’s protocol before you leave the country so you are aware of what to do and what contact details you will need in the event of this happening. The last thing you will want is your account to be blocked while you’re on holiday.

For more information on how to protect yourself, check out our blog on scams and fake news.