A vacation is supposed to be a fun and relaxing time where you get to enjoy time away from your busy schedule while experiencing new surroundings and cultures. Unfortunately, no matter how much you prepare yourself, things don’t always go to plan. One of the most stressful and worrying problems some tourists may face is losing their wallets during their travels. If this happens to you, you need to react quickly to protect your identity and bank account. Today, we will be taking a closer look at what to do if you lose your wallet on vacation.
Call Your Bank
The first thing you should do once you realize your wallet is missing is call every credit card company, so you can cancel all of your credit cards. The next step would be to call your bank(s) to inform them that your debit cards have been lost and that they will need to cancel them. Your banks and lenders will then send out replacement cards to your home as soon as possible, so you won’t have to be without for long.
Report the Incident
Reporting the incident to the police should be done straight after you cancel your credit cards. Even if you don’t think your wallet was stolen, a police report will come in handy if your cards or identity ends up in the wrong hands. It can also help prevent fraudulent activity and the use of your ID. If you lose an ID that’s needed at immigration, the police report and supporting documents can prove who you are.
Transfer Some Money
If you relied on your wallet for cash during your trip, then you should transfer some money into an accessible account or get in touch with someone from home who can wire you the cash you need. Fortunately, there are simple and secure methods to send money online internationally, so you won’t have to go without money for long. These transfers can be done via a website or a downloadable app.
Replace Your ID
You should replace any lost or stolen identification as soon as you can. This is normally easier once you have returned home. When you visit driver’s services to get your driving license replaced, you should be provided with a temporary one on the same day. If you carry any other identification, such as your citizenship card, your health card, or your birth certificate, they will need to be replaced too.
Track Your Credit
People will monitor their bank account after losing a wallet, but you should also be keeping an eye on your credit. Requesting a credit report and credit score once you get home is highly recommended. This will allow you to identify any suspicious activity that may have occurred under your identity once your wallet went missing, and you will be able to see if it has had a bad impact on your overall score.
Losing your wallet could be a complete accident, but if it was planned or picked up by the wrong person, then following the above steps will protect you from fraudulent and illegal transactions.