Travelling Abroad? Read These Tips About Financial Fraud Before You Go

I had my banking information stolen while in Italy. Here's What I learned.

Travelling Abroad? Read These Tips About Financial Fraud Before You Go | YMCMoney | YMCTech |

Having your banking information stolen when you’re at home is frustrating enough, but for it to happen while you’re travelling overseas can be downright stressful and frightening. Unfortunately, it can - and does - happen, way too often. It happened to me eight years ago during my honeymoon in Italy and it was an experience I hope to never experience again.

It started off like every other day, with a stop at a local cafe for coffee - the very best kind of sustenance in one of the very best places in the world. Unbeknownst to me, my credit card information had been stolen while we wandered the lovely streets of Florence. I don't know where it happened, but what I did know was that someone had been purchasing expensive electronic goods in Utah - and it wasn’t me.

Luckily for me, I bank with TD, so it was easy to call their customer service number from abroad when my credit card didn’t magically go through at the cafe like it was supposed to. The person I spoke with explained to me that there had been some fraudulent charges on my credit card and cancelled it immediately.

Financial fraud is a reality for most of us at some point in our lives or another. In fact, according to a recent TD survey, 85 per cent of Canadians worry that they or their loved ones will be the victim of financial fraud. Thankfully, I've learned a few tips from TD on how to deal with it - if it ever happens again. Have a look:

Travelling Abroad? Read These Tips About Financial Fraud Before You Go | YMCMoney | YMCTech |

We all hope that the unthinkable doesn’t happen, especially when we're away from home, but fraud doesn’t wait for us to be comfortable. All we can do is our due diligence to prevent fraud and financial theft from happening. Fraud can strike at any time but as long as you're armed with this knowledge, you can still enjoy your vacation and that delicious, authentic Italian coffee. And wine. And shopping...

Gurpreet fell in love, got married, had a darling baby girl, and is now rocking another pregnant belly. She’s more brown than blonde with blue eyes but can still appreciate hockey (kind of) and beer (not really).

She is self-employed, self-motivated, self-declared neurotic, and thankfully, self-aware. Her cooking skills are subpar at best but her cleaning skills would win gold at the Olympics if that were a sport. Which it really sorta should be considering how hard some stains can be (grape juice, I’m looking at you) to get out of a pristine white chair. 

Gurpreet once received a Citizen of Distinction medal from the Queen of England and she likes to casually throw that into any conversation quite randomly. She's working on somehow getting a royal title next. She is Indo-Canadian, which really means nothing to most Canadians and usually means Mexican to most Americans.

She is basically just trying to manage her life as best she can, one catastrophe at a time. She plans to one day conquer the world but for right now, she’d settle for winning the war against diapers and morning sickness. Bollywood Babies promises to take you along for the ride and maybe we can all figure it out together.


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