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Major FAQ-Ghana
Money Matter
What is the exchange rate? Where should I change my dollars? Can I use debit card or credit card? Should I bring travelers checks?
Your credit card information can be stolen and used fraudulently just by making a credit card payment, more and more visitors to Ghana have reported shady transactions occurring after they use their credit cards. For this reason, cash and travelers checks are suggested to settle most accounts. You will have trouble paying with traveler's checks, but you will be able to exchange th em at local banks or post offices. Traveler's checks are recommended as a safe way to carry money with you, make sure you write down the check numbers and contact information you need to cancel stolen checks. Different brands of traveler's checks work better in different countries so consult your local financial institution about which company you should buy your checks from.
Travelers should have a credit card for large and em ergency purchases so you won't go broke if something goes wrong. If you've requested a pin number for your credit card, you can use it to get cash advances at the ATM.
You can also carry a debit card that can be used at ATM's to withdraw local currency. When using ATM's be advised to bring a friend along, travel directly from the bank back to your home and stash your cash. Find a private, well disguised place to hide any cash. When you are carrying cash, break it up into different amounts and keep it in different pockets so if you get robbed you won't lose everything.
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