1. Carry cash

(1) Advantages: Cash is a common currency, which is the favorite way for most outbound tourists at present. This is the most convenient to use and the simplest procedure. According to the relevant regulations of the State Administration of Foreign Exchange and the General Administration of Customs, domestic residents do not need to declare if they bring foreign currency cash with the equivalent of less than 2000 US dollars out of the country. Those who carry foreign currency cash equivalent to more than US$ 2,000 need to apply to the bank for a foreign currency carrying certificate. Generally speaking, it is not allowed to bring foreign currency cash with the equivalent value of 10000 dollars or more out of the country.

(2) Disadvantages: In foreign currency exchange, the cash quotation is lower than the cash quotation, and the more exchanges, the more debts. The safety of carrying cash is also a problem, and cash cannot be reported as loss.

(3) suggestion: this method can be used for short-term overseas travel with less money, but it is only suitable as a supplementary means for travel with more money?

Second, traveler's checks.

(1) Advantages: As a new settlement tool, traveler's checks are widely accepted by tourists, hotels and banks. Traveler's checks have many currencies and can be directly used for consumption on many occasions; Large denomination, suitable for carrying a large amount of money; In addition, the use of traveler's checks is useless. ?

(2) Disadvantages: Generally, the handling fee for purchasing traveler's checks is around 1%, and there may be a certain handling fee for holding traveler's checks in consumption abroad. When unused traveler's checks are exchanged in China, some fees will be deducted.

(3) Suggestion: This is a solution between cash and international credit cards, and it is very suitable for travel with a small amount of cash.