FX Blog

Daily Market Updates & FX News

FX Blog

Daily Market Updates & FX News

FX Blog

Daily Market Updates & FX News

4 things you need to do before you travel

You just booked your next vacation and you’ve already started to plan your accommodations and plans. How exciting!

However, there are a few things that are an absolute must before you travel so that they don’t get ruined by poor planning.

Most important Travel Tips


Make sure your passport and visa are up to date

Many countries require your passport to be valid for six months after you return from your vacation. The best thing to do is to check your expiration date before you book your trip so you have enough time to renew it if needed.

Canadian passport holders can travel to 172 countries without a visa but depending on the duration or the location of your trip, you may need a visa or a visa waiver.

Starting in 2021, Canadian citizens will be required to apply for a visa waiver. This ETIAS visa waiver gives Canadians access to the European Schengen Zone. Once approved, the document will be valid for 3 years.


Check for travel advice and advisories

Always check the government of Canada’s official source of travel advice and advisories before you book your trip and again before your travel. Look for local safety and security conditions and areas to avoid, possible health hazards and health restrictions, natural hazards and weather warnings and local law and culture.


Bring cash in the local currency

Even if you are planning on using your credit card for most purchases aboard, you should always carry a small amount of cash on you. Depending on where you are travelling, you may not have easy access to an ATM or stores that accept credit/debit so carrying some cash could come in handy for a cab ride or a souvenir from a small shop.

Last minute plans? You don’t have to go to the bank and place your order. Get your cash immediately from a foreign currency ATM (not from an airport!) or order it online from a trusted provider that offers the service.

Tip: Don’t keep all your money in one place. Separate your credit card, debit card and cash just in case you lose your belongings or get pickpocketed.


Make sure you have travel insurance

Is it really necessary? The answer is yes! Insurance helps protect against the unexpected. Without emergency medical insurance, you can easily spend thousands of dollars out of pocket for treatment and transportation.

Travel agencies, credit card companies, banks and your employers’ benefits program all offer various levels of travel insurance for things such as trip cancellation, trip interruption, trip delay, baggage & personal effects, baggage delay, personal money loss, passport loss, air flight accident, travel accident, rental vehicle damage protection and more. Check to see what you already have covered.


We got you covered

Get Travel Cash

Olympia Trust is your travel cash solution! You can choose from over 83 currencies using PayFX’s online cash delivery service. This service is especially useful if you are traveling to multiple countries and will need multiple currencies. Forget long times at the bank and multiple trips, order your travel cash online and get next day delivery.

Need cash now? Withdraw cash from a foreign currency ATM. With some of the best rates in Canada on US Dollars, Euros, British Pound and Mexican Pesos, the FX ATM is your best option. Find a location near you.

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