Bank tips for travel abroad
Good information on "The Long and Short of PINs at ATMs Abroad" in the July 13 On the Spot column by Catharine Hamm. I would also add:
Make sure you tell your bank and credit card companies that you're traveling abroad, otherwise you may find a fraud alert on your account and frozen funds.
Carry more than one card, preferably a bank debit and a charge card. Keep one in a separate place, such as your passport holder, for emergencies.
Do your transactions during banking hours, so that if your card gets stuck in the machine, someone can get it out.
Get enough cash to last you a few days so you don't rack up unnecessary bank charges.
The mention in the June 29 On the Spot column ["Be on Guard for Scammers," by Catharine Hamm] about a phone scam in which callers pose as the
An acquaintance of mine was relieved of $30,000. Their tactics, as related to me, were ruthless, especially for a person who had never had any dealings with the IRS. She was told by these impostors that if she didn't hand over funds immediately she would be arrested, sent to jail, lose her job and not be able to obtain any other employment.
Further, she was told that if she didn't manage to find the funds from family and/or friends immediately, agents would arrest her and seize her property.
She realized too late that she had been defrauded and went to the police for help. She said she was met with apathy. I write in the hopes of somehow sounding a louder alarm.