Bring enough money to live for at least a month (approx. 1000 USD). Since it can take from a few weeks to several months to receive your payment, you must bring enough money to meet your rent and food needs. Always make your plan so that you can meet your rent, costs, and other needs. If you want to return to your country or travel with money, adjust your lifestyle accordingly.
Open a bank account as soon as possible. This will allow you to receive your money from your country and withdraw your payments on time. Services vary from bank to bank, so you can ask several banks to find the bank that suits your needs. Some banks offer free monthly withdrawals for students. To open a bank account, take different IDs, passports, and social security numbers with you. If you have a credit card, you can take it with you as proof of where you live.
Some banks charge a monthly service fee. Some also cut this fee every time you use the bank. You can ask the banks how much service fee you will pay. Some banks require a certain amount in your account, otherwise, they will charge a fine. You can talk to your bank about how much you need to keep in your account and whether you can afford it.
Banks’ working hours may change. Find out the working hours of your bank. Banking is local rather than national in the United States, so be sure to cash your checks where they are issued. It may take time for the money deposited from another location to transfer to your account. If you are leaving the city where your bank is located, either get a traveler’s check or withdraw your money.
ATM OR DEBIT CARDS AND MACHINES
Most banks offer an ATM card that you can use around the clock. These cards are known as ATM cards or DEBIT cards. It can be useful for you to be able to withdraw your money from anywhere in the USA with a password. Your password is only for you. If someone else knows this number and takes your ATM card, they can withdraw your money. If you lose your card, report it to your bank immediately.
If you have a card from your home country, check with your bank whether you can use it in America. You can find out the location of the nearest ATM machine by calling the number on your ATM card. If you use another bank’s ATM, the bank may charge you a $ 1 or $ 2 fee. Use these cards with attention. Do not buy more than you can afford. Keep track of all your bank transactions. So you can know the money in your account and plan your spending.
The currency of America is the American dollar ($). The coins are 1 cent (one cent or penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), and 50 cents (half a dollar or half). There is also a $ 1 coin, but it is not used much. Paper money is in 1, 5, 10, 20, 50, and 100 dollars.
Most Americans have credit cards. Credit cards are one of the safest ways to spend and withdraw money. Please be careful about your limit. The only difference of these cards from debit cards is that credit cards spend money to pay later with a certain interest, while debit cards use the money in your account. We recommend that you obtain an internationally valid credit card before coming to America.
Traveler’s checks are perhaps the safest known way to hold money on travel. If they are stolen or lost, they can be renewed and exchanged at any bank. Some shops may not accept traveler’s checks, so ask before you shop. If the shop says “no checks accepted” this is usually for personal checks, not traveler’s checks
Visitors to the United States are often surprised when they request a higher payment than they see on the aisle. This is because what you receive is also a sales tax. (Like VAT, but added at the time of sale, not shown on the shelves). This tax can differ from state to state.
Americans usually tip 15% to 20% of the price of the food they eat. This system is applied for hairdressers, taxis, bartenders, and others working in the service industry. If you are satisfied with the waiter’s job, you can show this by paying a high tip. Less tip means you are not satisfied. You can find charts showing the amount of tips you can pay by price in places such as pharmacies and gas stations.
Western Union allows you to transfer between your home country and anywhere in the world in as little as 15 minutes. It charges a certain amount based on the money you spend. 1-800-325-6000 or