🗣 As the research shows, spending abroad can be mind boggling if you don’t fully understand conversion rates and local currency
Another 11 per cent have had currency stolen - or lost it themselves - and 22 per cent got caught out paying hotel rates for excursions, that were cheaper elsewhere.
Tom Wolfenden, head of retail at the bank, said:"As the research shows, spending abroad can be mind boggling if you don’t fully understand conversion rates and local currency. “Customers should be able to manage their money whenever and wherever they want without worrying about fees.“We want to make it easier for our customers to manage their spending so they can focus on enjoying their trip.”More than half of travellers don’t know how much their debit card provider charges for purchases or cash withdrawals.
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