We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Moscow Money!

Could really do with some advice...

I'm going to live in Moscow for six months. Salary will be paid into a UK account.

Will need to withdraw/use 1000-1500£ a month at a guess.

I bank with NatWest which I believe will charge me royally for debit card and credit card use - what's the best solution?

Does any advice apply for China, as may be withdrawing/using large sums there too...

Bit obscure but hope someone on here's got some experience of this ;)

Comments

  • Reaper
    Reaper Posts: 7,357 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Article on spending overseas here.

    Briefly: get a Nationwide credit card for spending. You can arrange to automatically pay it off each month from your bank account.

    For cash you could go one further and open a Nationwide current account if you want. Then you could use their debt card for free cash withdrawals at ATMs too.

    I'm assuming credit cards are widely accepted and ATMs available in Moscow. I haven't been there.
  • Thanks Reaper

    I'm opening a Nationwide account (I was refused for the CC) at the moment - should get stuff through soon.

    I intend to use cash for most things so debit card is of more use than credit card anyway.

    As I'm with Natwest changing to Nationwide for my main current account is sensible anyway...(though hoping their customer service etc. is not worse than Natwest which I find very good).
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.