| Pocket
money
Spending money will differ for everyone. Sorrento Lingue
recommends between € 30 - € 250 per week,
in addition to the costs for accommodation and food.
This amount will solely depend on your eating habits
and extra-curricular activities
Italian Currency /
Euro
The basic unit of Italian currency is the new European
Union Currency, the "Euro" (abbreviated EUR,
symbol).
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Exchanging money
The best way to access your money is by ATM or Credit
Card. When you access money by either of these means
you will receive the best exchange rate possible with
a minimum fee. When exchanging large amounts of money
it is usually better to do it in a bank. However, you
should also bring cash for the first few days (for the
taxi, for purchasing small things, etc.). Avoid changing
money in change offices because of high commission rates;
the best exchange rates are at the bank.
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American Express
Sorrento Lingue does not accept American Express cards,
as well as, many businesses in Italy. We recommend that
you also bring a Visa or MasterCard if you are planning
on using credit cards.
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Western Union
Western Union is available in Sorrento.
Credit Cards / Euro-Cheques
/ Traveler's Cheques
Euro-Cheques, Traveler’s Cheques and Credit Cards
(Visa and Master Card) are accepted almost everywhere.
You can receive money at Automatic Teller Machines (ATM),
if you have an ATM card linked to an international network
(Eurocard, Cirrus, Plus, Maestro etc.). MasterCard and
Visa (with PIN number) may be used to withdraw cash
from an ATM machine. In Europe, ATM’s do not often
accept PIN numbers with more than 4 digits.
- Credit cards, ATM cards, traveler’s cheques
in Euro, financial records (copy of bank statements
and list of account numbers), PIN numbers. (Italy
requires a 4 digit PIN number)
- Cash from ATM’s only in Euro / daily amount
is limited.
- Make a note of both the numbers of the traveler’s
checks and the telephone numbers of the issuers so
that student can have them replaced easily. Students
should carry only the credit cards that plan to use
during the students stay. Make notes of all the emergency
replacement procedures and telephone numbers. The
student can e-mail themselves this information in
case it is lost or stolen.
- Arrange a ‘power of attorney' for the person
handling student financial affairs in student’s
absence (if not parent or guardian).
- Find out about any income tax filing requirements
for student home country before the students leave
their home country
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