Review your credit card fee policies before traveling outside the U.S. to avoid surprise costs. If needed, apply for a credit card without travel-related surcharges and fees. To avoid high conversion ...

Are all foreign currency gains taxable? No. Under a de minimis exemption individual taxpayers with foreign currency gains of $200 or less on a “personal transaction” do not need to report them. How ...

Are there special hedging provisions for section 988 transactions? Yes. In addition to the business hedging rules I address in our earlier Q&A with Andie series,[1] a special hedging provision is ...

You use your card to make an in-person purchase while you’re outside the United States. You use your card to buy something online that’s sold in a foreign currency. Generally, the foreign transaction ...

If you carry out business in other countries, you might spend a lot of time – and money – exchanging currencies. And if ...

On its website, Nationwide, which serves more than 16 million customers, has stated that if people are travelling overseas ...

Peer-to-peer (P2P) foreign currency exchange platforms safely connect individuals to swap currencies. P2P offers significant savings with no bank or broker fees.

If you’re planning a trip out of the U.S., you’ve probably started to worry about how you’re going to pay for things once you get there. To avoid running around with a pocket full of cash — a ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Many international travellers ...