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PREPARING TO GO - SU Abroad - Syracuse University

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An ATM card with an international PIN is the best way to get cash in France. Check with<br />

your bank to be sure your ATM card can be used in foreign countries. ATMs are widely<br />

accessible in France. Talk to your bank representative to get information on your bank’s<br />

service fees for international ATM withdrawals.<br />

If your ATM card is actually also a debit card linked to the international Visa or<br />

MasterCard network, you will get the best exchange rate and not be charged interest.<br />

Note that cash advances against a Visa or MasterCard credit card incur interest charges<br />

immediately, so deposit funds into your account before going abroad so you are accessing<br />

your balance. Another advantage of the Visa or MasterCard debit card is that family<br />

members can deposit money into your account in the U.S, and you can access the funds<br />

almost immediately through ATMs.<br />

Bank locations<br />

There are several HSBC branches located near the Strasbourg center. Check with your<br />

own bank to see if they have branches located in Strasbourg or have relationships with<br />

other banking institutions in Strasbourg.<br />

Transferring funds<br />

If parents or family members need to send you money during the semester, they can<br />

deposit money in a U.S. bank account you can access through ATMs. Parents can also<br />

wire money from an American Express office in the United States to the local American<br />

Express Bureau for pickup. For complete advice on transferring money overseas, check<br />

with your bank before you leave.<br />

Credit cards<br />

It's a good idea to have a credit card in your name. It can come in handy in an emergency.<br />

Visa and MasterCard are widely accepted all over Europe. Cash advances against a<br />

regular Visa or MasterCard incur interest charges immediately. American Express is not<br />

as widely accepted in local shops, but you have access to the network of American<br />

Express offices located in many European cities.<br />

Important note: Let your bank and credit card companies know you will be living<br />

abroad for the semester so they do not suspect fraudulent activity when you access your<br />

accounts.<br />

Preparing to Go: Strasbourg – Fall 2011<br />

17

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