Paying with local currency while traveling is very common question we get asked before our clients travel.
Taking money out of an ATM in a foreign country typically incurs a fee from both the local bank that owns the ATM and your bank at home. So, we recommend researching when and how you will be charged fees before you travel and it can pay off. That’s because some debit card providers don’t charge fees for using foreign ATMs—and a few may even reimburse fees charged by the foreign bank. Planning withdrawals in advance can help you minimize any fees that could be charged.
Here is the TIP for you: Try to plan your total local currency needs and withdraw the funds from an ATM in as few transactions as possible, so you reduce the foreign bank servicing fees