Using your bank account overseas
One cause for accounts being frozen is when consumers use their cards overseas without telling their financial institution they are travelling. This is arguably one of the most frustrating situations, as you are left without access to your finances in a different country.
You can, and should, still contact your bank immediately so it can resolve the issue and unfreeze your account.
Overseas money tips
Consider a travel money card. Loading up a travel money card with foreign currency before you go allows you to take advantage of the best exchange rate and avoid unnecessary fees. It also means if something does happen to your bank account, you can still access these funds.
Get travel insurance. Comprehensive travel insurance can provide protection against lost or stolen credit cards and the theft of cash, including cover for credit card fraud.
Use cash and cards. Make sure to take a combination of cash and cards with you so you can pay for all your purchases.
Lock it or block it. If you're worried about falling victim to thieves or fraudsters while overseas, you can contact your bank before you go to lock or block your credit card, or perhaps lower your transaction limit.
I met this guy a few weeks ago online and he is currently to be in Dubai. He had taken large containers with him from his business, stating to me he had paid all fees and taxes upfront. He informed me that he owes an additional$30,000.00 but his off sure bank has locked his account and is preventing him from transferring money from his account. Who can I report him to if this is suspicious
Hi Kay,
Thanks for getting in touch with Finder. I hope all is well with you. :)
It would be a good idea to be cautious when dealing with people on the internet. If you want to report an online scam or suspicious online activities, you may want to get in touch with ACCC, Australian Federal Police, or to the Australian Cybercrime Online Reporting Network.
I hope this helps. Should you have further questions, please don’t hesitate to reach out again.
Have a wonderful day!
Cheers,
Joshua