Your Study Abroad Resource to Find Answers, Funding, and Programs

Mentor Advice

Question

What are the best means of providing money for my child once he/she is abroad (i.e. travelers checks, ATM, credit card)?

3 Replies from Mentors

  • mentor picture Olivia
     
    Olivia
    Parent of Study Abroad Student
    Loyola Marymount University
    The best means of providing money to my daughter was for she and I to have a joint checking...
    The best means of providing money to my daughter was for she and I to have a joint checking account at Bank of America. We researched and found an affiliate bank in Beijing, China, which did not charge an ATM fee for withdrawals. Whenever I wanted to send money to her, I would deposit money into our joint account, and she could withdraw the money from an ATM in Beijing.
 
 
Sponsors
CEA Global Education
GlobaLinks Learning Abroad in Australia