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Paying for Trip in Dollars

LeggyBear
LeggyBear Posts: 2 Newbie
in Overseas holidays & travel planning
I am going to Nepal in October. I am paying for flights here in UK but using a very good Nepalese company to organised treks. They will request payment in US dollars. My query is twofold. Firstly, what is the most economical,efficient and safest way to do this. Secondly, if i pay now (so pre-Brexit) by credit card or whatever means, will the transaction still be insured in October/November.

Many thanks for any information.
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Comments

  • bradders1983
    bradders1983 Posts: 5,684 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Can they take a dollar payment off a credit card?
  • LeggyBear
    LeggyBear Posts: 2 Newbie
    No idea. I assume (but could be wrong) that it is no different to buying something from the states online. Credit Card company pay in dollars and charge you in sterling using their conversion rate. I am going to phone them today and ask this.
  • bradders1983
    bradders1983 Posts: 5,684 Forumite
    1,000 Posts Third Anniversary Name Dropper
    LeggyBear wrote: »
    No idea. I assume (but could be wrong) that it is no different to buying something from the states online. Credit Card company pay in dollars and charge you in sterling using their conversion rate. I am going to phone them today and ask this.

    I assume their credit card machine would be set up to charge in USD, maybe this is a standard thing in Nepal. If it does then this is probably the best way of doing it, it then just comes down to what your card provider charges in fees.
  • londoninvestor
    londoninvestor Posts: 1,351 Forumite
    Sixth Anniversary Combo Breaker
    bradders1983 wrote: »
    I assume their credit card machine would be set up to charge in USD, maybe this is a standard thing in Nepal. If it does then this is probably the best way of doing it, it then just comes down to what your card provider charges in fees.

    And if your current card provider doesn't give you a good deal, is it a matter of urgency to pay right now, or can you wait a few days while you get one of the best travel credit cards?
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    https://www.revolut.com/

    Pay in $ direct.
  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Why mention Brexit when Nepal isnt affected by Brexit.
  • photome
    photome Posts: 16,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    DCFC79 wrote: »
    Why mention Brexit when Nepal isnt affected by Brexit.


    I dont understand about the insured comment re brexit.


    good advice re the best travel cards
  • koalakoala
    koalakoala Posts: 840 Forumite
    Eighth Anniversary 500 Posts Photogenic Name Dropper
    DCFC79 wrote: »
    Why mention Brexit when Nepal isnt affected by Brexit.

    Maybe doesn't know where it is ?:rotfl::rotfl:
  • headpin
    headpin Posts: 780 Forumite
    Part of the Furniture 500 Posts
    DCFC79 wrote: »
    Why mention Brexit when Nepal isnt affected by Brexit.

    Because Brexit has had an adverse impact on all exchange rates. Against the $ a drop of more than 10%. Currency regardless of whether an EU countries or not or if in or out of EU will be impacted.

    I would assume if paying by CC then S75 of the CC Act would cover if no service is actually provided, assuming you are paying the service provider direct!
  • PompeyPete
    PompeyPete Posts: 7,126 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    DCFC79 wrote: »
    Why mention Brexit when Nepal isnt affected by Brexit.

    Aldershot is akin to Little Kathmandu.....loads there will be feeling the benefits.:)
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