With the never-ending threat of identity theft, more and more people are turning to other payment methods to cover bills and give cash to strangers. You may want something that is only available from a foreign country and worries that they will hack your credit card and cause you unending problems. You may also know how much cash you’ll need to cover your trip or particular parts of the trip, such as hotels and can use international money orders to pay for it.
Confidential
In most cases, international money orders only have your name and address or other contact information, which means they won’t have access to any personal things, such as a routing number, account number or credit card number. Even if you pay for it with a credit card, that information never leaves the company you choose, so no one else can get it. However, you can also pay with cash for more confidentiality.
Legalities
Many times, foreign countries will require that Americans use something other than a credit card or check for payment. Your bank is likely in America, which means they have a lot of red tapes ahead of them to get paid. This way, you still have a legal form of payment without resorting to cash.
Easier To Keep Track
You should always get a copy of the order you receive, which means the party you’re paying gets one and you get one, as well. You can keep it with all the other records, ensuring that you never wonder what you paid or where. Plus, you don’t have to worry that the bank won’t be open or you can’t find a bank that will accept your check.
International money orders are an excellent alternative to using credit cards and checks. Visit West Suburban Currency Exchanges, Inc. online at www.wsce.com/money-orders to learn more.