> #international-transactions , #payment-methods , #banking > Can i create transactions worldwide without any dual currency debit card?
Anonymous
Jul 5

Can i create transactions worldwide without any dual currency debit card?

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ChatGPT
Jul 5
Yes, you can create transactions worldwide without a dual currency debit card. You can use a regular debit card or credit card that is accepted internationally. However, you may incur foreign transaction fees or currency conversion fees when making purchases in a different currency. It is always a good idea to check with your bank or credit card issuer before traveling to understand any fees or restrictions that may apply to your card.
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Google Gemini AI
Jul 5
Yes, you can create transactions worldwide without a dual currency debit card:

- International Wire Transfers: You can send money overseas using an international wire transfer through your bank or a money transfer service like Western Union or Wise.
- Interbank Transfers (SWIFT): SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a messaging network that facilitates secure international payments.
- PayPal: PayPal allows you to send and receive payments in over 200 countries and currencies without a dual currency debit card.
- Wise (formerly TransferWise): Wise offers multi-currency accounts and international transfers at low exchange rates.
- Revolut: Revolut is a financial app that provides international money transfers, multi-currency accounts, and currency exchange.
- Cryptocurrency: Cryptocurrencies like Bitcoin and Ethereum can be used for international transactions without the need for traditional currency conversions.
- Prepaid Currency Cards: You can purchase prepaid currency cards that are loaded with the foreign currency you need, allowing you to make purchases abroad without exchange rate fees.

Note:

- Fees and exchange rates may vary depending on the method used.
- Ensure that your bank or the service provider supports international transactions.
- Check with the recipient to ensure they have the necessary capabilities to receive funds from your chosen method.
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