Has the rupiah plummeted recently and thrown your vacation plans into a panic? Don't worry, for smart travelers, moments like this can actually become a secret loophole. You can still go on a vacation abroad with a very budget-friendly pocket.
Strategies to Face a Weakening Rupiah When Planning a Vacation
The phenomenon of a weakening rupiah exchange rate often makes Indonesian citizens anxious and worried.
Many fear that the costs of accommodation, meals, and shopping in the destination country will swell drastically. Due to these fears, quite a few people choose to postpone their travel plans.
However, for a smart traveler, this exchange rate fluctuation can actually be anticipated easily. The key lies in implementing a strategy to save foreign currency well in advance. Never buy foreign currency (valas) in large amounts all at once close to your departure date.
Buying foreign currency suddenly risks trapping you at a high peak price. On the contrary, installment-based foreign currency savings will give you the advantage of an average exchange rate. With an average price, your vacation budget will be much safer and stable from inflation.
Practical Ways to Save Foreign Currency via the Poket Valas Feature on BCA Mobile
Now, securing foreign currency exchange rates no longer requires the hassle of queuing at the bank. The entire currency exchange process can be done digitally right from the palm of your hand. One practical solution you can try is the Poket Valas feature on BCA Mobile.
The first step is very easy; you just need to open the BCA Mobile application on your phone. After entering the main page, directly choose and click the menu labeled "Poket". Inside that menu, press the "Buat Poket Baru" (Create New Pocket) option to start the process.
The next step is to choose the foreign currency that matches your destination country.
Interestingly, the selection of currencies in the Poket Valas feature is quite complete and diverse. The choices are not just US Dollars, but also Japanese Yen, Thailand Baht, and Malaysian Ringgit. Euro, Singapore Dollar, and other country currency options are also available.
You just need to adjust the type of currency to your vacation wishlist country. After the pocket is formed, you can start saving consistently every month.
The Advantages of Saving Foreign Currency Digitally for Your Vacation Budget
Starting to installment your vacation funds into Poket Valas provides significant financial benefits. The exchange rates offered in the digital Poket Valas are proven to be much more competitive for travelers.
Its value is more advantageous compared to exchanging banknotes directly at a physical bank office. The exchange rate spread or margin is also cheaper when compared to conventional money changers.
This discount or price difference is certainly significant enough to trim your spending expenses.
Moreover, this is especially true when the movement of the rupiah against foreign currencies is highly volatile. Through this digital savings account, your vacation budget planning becomes more measurable.
You will also be free from the risk of unexpected exchange rate spikes upon arrival. All funds stored in the pocket are guaranteed to be safe and ready to use anytime.
Tips for Transacting Abroad Safely Without the Hassle of Carrying Cash
Once your foreign currency savings balance is deemed sufficient, perform the final step before you fly. This crucial step is to activate the overseas transaction feature on your debit card.
Please log back into the BCA Mobile application, then choose and click the "m-Admin" menu. Next, click the "Kartu Debit" (Debit Card) option and immediately activate the "Transaksi Internasional" (International Transactions) button.
If this international transaction feature is not yet active, your card will be automatically declined abroad.
Surely you don't want to experience the drama of a debit card that cannot be used when you are about to pay, right? Once you arrive at your destination country, the shopping process will become very practical.
You just need to tap or swipe your debit card at the shopping merchant's EDC machine. Your Poket Valas balance will be automatically deducted according to the local currency.
You don't need to carry a lot of physical cash which is prone to being lost during the trip. You also don't need to panic anymore looking for the nearest ATM machine or money changer outlet.
In addition to foreign currency readiness, ensure your internet connection remains smooth during your vacation. To keep your international travel practical, use gSim! 360 Worldwide from Global Komunika.
This premium global internet solution automatically connects your device to the world's best networks. You no longer need to worry or get a headache from swapping physical SIM cards in every country.
