Using a home country bank abroad may lead to high withdrawal fees and currency conversion charges. An international bank account provides better access to local banking, saving money on transactions, and avoiding delays in receiving funds from home. It’s a smart choice for students studying overseas.
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Is it necessary to get an international bank account, or can I use my home bank?
Is it necessary to get an international bank account, or can I use my home bank?
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Great question! While using your home bank abroad is convenient, the withdrawal fees and currency conversion charges can add up. An international bank account can save you money and make transactions easier, especially if you're studying or staying long-term abroad. It's definitely worth considering for better financial management!