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 ...

Transaction exposure involves risks from exchange rate changes companies face during international trade. Learn strategies to protect your business from potential losses.

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 ...

Unexpected fees for changing currency can dent your foreign-travel budget. Find out the best places to exchange currency and ...

At TPG, few things frustrate us more than unnecessary fees — and foreign transaction fees are near the top of the list. You may have noticed that when you use certain credit cards abroad (or on a ...

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’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 ...

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

Effective Dec 29, banks must request evidence of sales abroad for every foreign currency transaction relating to gold, according to the Bank of Thailand letter. (Dec 26): The Bank of Thailand has ...

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 ...