3.6 making payment when abroad

Question 1

Travelling forms of payment

Answer 1

• Cash in local currency
• debit card
• pre paid travel card
• travellers cheques

Question 2

( travel) debit cards

Answer 2

• Display Logo
• Transactions made in local currency
• provide will use and exchange rate
• cardholders may be charged a fee

Question 3

prepaid travel cards ( electronic purse )

Answer 3

• load with money
• can withdraw from ATM
• choose which currency to load, currency can be converted

Question 4

Travellers cheques

Answer 4

• pre-printed cheques for set amounts of currency
• must sign each one
• counter sign when using cheque
• show photo ID