Gateway’s Post

Are you a digital nomad, expat, or international traveler relying on offshore debit cards? 🌍💳 #OffshoreDebitCards can indeed be a financial lifesaver, but navigating their issues can be a bit tricky. Here's how you can avoid common pitfalls and ensure smooth transactions: 1️⃣ **ATM Withdrawal Limits**: Understand and check your card's daily/weekly ATM withdrawal limits before you travel. This can prevent you from facing embarrassing situations at cash points. #TravelHack 2️⃣ **Foreign Transaction Fees**: Those little fees add up. Look for debit cards that waive these fees or consider using credit cards that often provide better perks for international purchases. 💰🚀 3️⃣ **Contact Information**: Keep your bank's contact info handy. If your card gets lost, stolen, or transactions get declined, quick access to support can save your day. 📞💡 4️⃣ **Monitor Your Accounts**: Regularly check your account statements for any suspicious activity. Early detection of fraudulent charges or errors can save you from deeper issues. 📱🔍 5️⃣ **Consider Alternative Accounts**: If frequent issues arise, exploring foreign currency or multi-currency accounts might be beneficial. These accounts offer better exchange rates and multiple currency holdings. 😊💼 💭 Have you faced any issues with offshore debit cards? Share your experiences and tips below!👇 #FinancialFreedom #DigitalNomadLife #ExpatLife #TravelTips #FinanceHacks #Banking P.S. Let's ensure your money works for you wherever you are in the world! 🌏✨>>>https://lnkd.in/gFSfpmi3

🌏💳 Before you jet off on your next overseas business trip, make sure you're clued up on overseas ATM fees! 💸 Here's what you need to know: ⚠️ Common ATM fees include a flat fee of $5, 3% of the transaction value, and an exchange rate margin of 3% to 15%. 🏦 Major Australian banks like CBA, ANZ, NAB, and Westpac often charge both currency conversion fees and international ATM fees. 💳 Neobanks and online banks like ING, Up, and Ubank typically offer lower fees or waive international ATM fees. 🌟 Tips to minimize fees: choose a travel-friendly bank account, utilize prepaid travel cards, know your bank's partner banks, withdraw larger amounts less frequently, and monitor fee changes. Ready to save on your next trip? Explore alternative methods like bringing your own cash, travellers cheques, credit cards with no foreign transaction fees, and mobile wallets. Plan ahead and make the most of your travel budget! ✈️💰 Check out our blog to read more: https://lnkd.in/e89GTFdd #TravelSmart #OverseasATMFees #SaveOnTravel https://lnkd.in/edTkvuey

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Learn how Itaú Private Bank is driving innovation in private banking, both locally and internationally, in our latest feature at Agência Estado. Our CEO, Percy Moreira, was invited to share insights into our strategic approach to serving our clients internationally in order to meet their evolving needs as foreign banks withdraw from Brazil's private banking sector and Brazilian wealth increasingly migrates overseas. Itaú stands as an ally for Latin American clients investing abroad, providing them with tailored solutions and a holistic view that allows us to anticipate and address specific financial needs, offering them the tools and resources necessary to navigate in a global landscape. Find out how we are reshaping private banking; read the full article below. 👇 #Banking #PrivateBanking #WealthManagement 

In less than a week, our director, R. Andrew Gómez, will be presenting at The Payments Canada SUMMIT (29-31 May 2014) in Toronto. He will discuss whether the introduction of the Real-Time Rail payment system (RTR), informed by international experiences, poses a threat to traditional Automated Clearing House (ACH) networks and card payment systems, or if they will coexist and complement each other. If you want to talk about payments or simply say hello, feel free to reach out to him at the event. #RTR #PaymentsCanadaSummit #Paymentsconsulting #Canadianpayments #PaymentsCanada #lipisadvisorsinCanada

Learn how Itaú Private Bank is driving innovation in private banking, both locally and internationally, in our latest feature at Agência Estado. Percy Moreira, CEO at Itaú USA and Head of International Private Bank, was invited to share insights into our strategic approach to serving our clients internationally in order to meet their evolving needs as foreign banks withdraw from Brazil's private banking sector and Brazilian wealth increasingly migrates overseas. Itaú stands as an ally for Latin American clients investing abroad, providing them with tailored solutions and a holistic view that allows us to anticipate and address specific financial needs, offering them the tools and resources necessary to navigate in a global landscape. Find out how we are reshaping private banking; read the full article below. 👇 #Banking #PrivateBanking #WealthManagement 

nepal: 7th: Wow Development Quality Assurance Here are the world’s lowest-cost remittance markets in 2023: For a send value equivalent to around $200 to the world’s largest 35 remittance destination markets, for all pay-in and pay-out methods across cash and digital, FXC Intelligence found that Croatia climbed the rankings significantly this year to become the lowest-cost market to receive remittances globally. This was because Croatia joined the euro at the start of 2023, resulting in the cost to send money into the country dropping by more than half. Source: https://lnkd.in/em2vWqge Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] hashtag #remittances hashtag #fintech hashtag #remittance hashtag #payments hashtag #digitalpayments hashtag #digitalbanking hashtag #banking hashtag #bankingindustry hashtag #financialtechnology hashtag #financialservices hashtag #fintechindustry hashtag #fintechnews

Here are the world’s lowest-cost remittance markets in 2023: For a send value equivalent to around $200 to the world’s largest 35 remittance destination markets, for all pay-in and pay-out methods across cash and digital, FXC Intelligence found that Croatia climbed the rankings significantly this year to become the lowest-cost market to receive remittances globally. This was because Croatia joined the euro at the start of 2023, resulting in the cost to send money into the country dropping by more than half. Source: https://lnkd.in/em2vWqge Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]  #remittances #fintech #remittance #payments #digitalpayments #digitalbanking #banking #bankingindustry #financialtechnology #financialservices #fintechindustry #fintechnews

Sending money to family back home is crucial for millions of people working abroad. More than a transaction, sending money home is a gesture of love and support.   Learn how we work with global remittance partners to make international digital transfers simple, secure, and affordable. https://lnkd.in/gNDx9eiF #CrossBorderPayments #DigitalPayments #Remittances

Mastercard’s Borderless Payments Report 2023 is launched today….. As a growing number of people move overseas for jobs that allow them to better support their families, remittances and cross-border payments play a key role of getting their money where they want it to go. Mastercard’s 2023 borderless payments report shines a light on some of the challenges associated with cross-border payments and potential opportunities to address them. https://lnkd.in/erSqhgx7