Security Briefing: Money and Valuables

The information below has been excerpted from the following: 1) the US Department of State's "International Travel" website (www.travel.state.gov/content/travel/en/international-travel/International-Travel-Country-Information-Pages.html), 2) the Australian Department of Foreign Affairs and Trade's "Smartraveller" website (www.smartraveller.gov.au), and 3) the UK Foreign and Commonwealth Office's "Foreign Travel Advice" website (www.gov.uk/foreign-travel-advice). Additional information is available from these sources. World Trade Press annually assesses the information presented on this page.

Australia: Department of Foreign Affairs and Trade Travel Advice

Before you go, organise a variety of ways to access your money overseas, such as credit cards, travellers' cheques, cash, debit cards or cash cards. Australian currency and travellers' cheques are not accepted in many countries. Consult with your bank to find out which is the most appropriate currency to carry and whether your ATM card will work overseas.

Make two photocopies of valuable documents such as your passport, tickets, visas and travellers' cheques. Keep one copy with you in a separate place to the original and leave another copy with someone at home.

While travelling, don't carry too much cash and remember that expensive watches, jewellery and cameras may be tempting targets for thieves.

As a sensible precaution against luggage tampering, including theft, lock your luggage. Information on luggage safety is available from Australia's Civil Aviation Safety Authority.

Your passport is a valuable document that is attractive to criminals who may try to use your identity to commit crimes. It should always be kept in a safe place. You are required by Australian law to report a lost or stolen passport. If your passport is lost or stolen overseas, report it online or contact the nearest Australian Embassy, High Commission or Consulate as soon as possible.

You are required to pay an additional fee to have a lost or stolen passport replaced. In some cases, the Government may also restrict the length of validity or type of replacement passports.

United Kingdom: Foreign and Commonwealth Office Foreign Travel Advice

Some ATMs accept international credit and debit cards. Shops in towns and cities usually accept international credit cards. Banks don’t always accept travellers’ cheques. Cash in sterling or US dollars can be exchanged for Philippine pesos at the airport, in banks, hotels and some shops. Scottish and Northern Ireland bank notes aren’t generally accepted. Buying foreign currency in the Philippines can be difficult.