The Banking Checklist You Need for a Multi-Country Holiday

When travelling for a long period across countries, you need to ensure that you have everything you need. People often think of changes of clothes, of passports, of some local currencies. People don’t often think of bank accounts. Here’s a banking checklist showing exactly what kind of bank account you need for a multi-country holiday. 

Multi-currency spending 

Part of travelling across multiple countries is having multiple currencies to spend. Most bank accounts aren’t equipped for users to spend money outside of their home currency, and if they are, it’s usually at a steep FX and exchange cost. Unlike the norm, iFAST Global Bank is built for multi-currency spending. The iFAST GB Multi-Currency Current Account allows users to spend in up to 11 different currencies all around the world, fee free. No need for FX rates or exchange costs. Just you, and more of your money that was always meant to be yours. 

Fee-free withdrawals 

Not every transaction abroad takes place with the swipe of a card. Some transactions are old school, using cash as a medium. But it’s not always convenient to carry around large chunks of foreign currency. It could get stolen. You could forget to bring it with you. Maybe you’ve just run out. Luckily, with an iFAST Multi-Currency Current Account, you can withdraw up to £500 a day or the foreign equivalent, fee free. 

Some local ATM operators may apply their own service charges. 

Quick conversions 

Even with foreign currency spending at your fingertips, you can still run out of a foreign bank balance. Putting foreign currency into your bank account can be stressful and difficult, especially in a country where you don’t speak the language. Luckily, iFAST makes it easier. With your iFAST GB app, you can simply log into your Multi-Currency Current Account and convert as much of your balance as you want, at competitive market rates, and without fees. No struggling with calls, no frantic shuffling around in your bag for spare cash. Just your money, seamlessly exchanged, and your bill paid. 

Multiple ways to pay 

Sometimes, paying with card or cash isn’t an option. In countries like China, QR codes are the norm. While it is possible to pay with alternative payment methods, card readers are rarely used, and merchants are not obliged to find change for you if they don’t have any themselves. Fortunately, iFAST Global Bank has another way to pay built-in. With Worldwide Scan & Pay, you can scan QR codes at participating merchants to make fee-free cross-currency payments in the local currency, ensuring that you always have a way to pay, so your holiday can keep going. Less stress, more fun. 

Scan & Pay is for cross-currency payments only. Availability of QR payments may vary by country and merchant. T&Cs apply. 

The bank that makes holidays more holistic 

Banking on holiday is something often underexplored, because holidays are ‘temporary’. But the memories stay forever. iFAST Global Bank ensures that less of your holiday is spent worrying about how you’re going to pay for what you’re buying, and more about you enjoying yourself the way you were meant to. 

iFAST Global Bank, the bank that moves with you.