Traveling Abroad Soon? What to Look out for When Exchanging Money

Many travelers lose money on currency exchange without realizing it.
Traveling Abroad Soon? What to Look out for When Exchanging Money
Currency exchange services at Kansai International Airport in Osaka, Japan, on Oct. 20, 2014. Dreamstime/TNS
Tribune News Service
Updated:
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By Justin Estes Bankrate.com

Planning an international trip brings plenty of excitement—and plenty of questions about handling money abroad. Travelers often discover too late that exchanging currency at the airport means paying premium fees, sometimes losing 10 percent or more of their money to poor exchange rates and service charges.