Looking at a month of school at a university in Holland then 2 free weeks to see Europe...looking for advice on what to do, where to go and estimate of daily money need......What is the best way to access cash...ATM OR travellors checks?? Thanx, First time
ATM machines. Places that cash in Travellers Cheques are now getting harder to find in Europe. Your bank account has to be a chequeing account with a numeric pin code in order to withdraw cash from a European ATM. I would also call the bank and ask what banks are they partnered up in Europe.
In Europe, ATMs, but watch out for the charges that your bank imposes on each overseas withdrawal.
i'd say use a combination of both - You could survive easily on cash + travellers cheques exclusively for travelling 2 weeks in Europe, but im thinking since you will be going to uni in Holland then perhaps you'll need a better way of accessing your cash.
Well, you're talking about cheques, but really if he's only travelling for two weeks then there's no big deal with just taking the money in euros (depending on how safe you can keep it), I mean you can get by on anything from as little as 25-50 euros a day including travelling if you're really stretching yourself.
Using the ATM is a decent idea- saves you carrying around the money. I'm with HSBC so I'm pretty comfortable knowing I can use virtually any ATM regardless of where I go, but I'm not sure what the deal is with banks in the US and how they interact with Europeon banks. I don't really see the point in using cheques, ATM / Cash would probably just how I'd do it.
[ Edit: Edited on Apr 14, 2008, at 9:40 AM by Tony_ ]