Whether it's visiting the relatives, a summer break or an international holiday, we're well aware of the age old tips for keeping your home safe while away.

A neighbour brings in the mail, and parks a car in your drive. Timers are set on lights and the bins go out weekly... but what about your finances?

This week's column will address some tips to get your finances in order before you head overseas and provide a few pointers that will make things a little bit easier for you, as well as your financial institution.

Making sure your finances are accessible in foreign countries is an essential factor to investigate before you

leave the country.

Some accounts will be accessible, while others may not link to an international banking system, possibly leaving you stranded.

VISA debit and most credit cards are convenient to travel with as they are literally accepted anywhere in the world.

It's also worth letting your financial institution know when you will be out of the country.

In an age of increasing security, financial institutions are continually monitoring transactions to ensure no fraudulent activities are taking place within our accounts.

For example, if you purchase fuel in Warrnambool, and a few hours later are paying for dinner in Thailand on the same account, an alert is raised.

A simple note on your file will show you are in fact overseas, and such transactions are expected.

Travel insurance can also be organised through many financial institutions, and covers lost luggage, illness and medical fees, as well a range of other customised options.

Foreign currency and travel cards are also a great service which can be provided locally.

Organising foreign currency in advance through your financial institution will often save you some hard-earned cash.

The conversion rate locally may be better than what you receive at Australian airports and will definitely be better than what you would receive once landed overseas.

Hopefully these tips help organise your international break, and provide a relaxing trip with no financial headaches.

Bon Voyage!

Sara Morrison is the business development manager at South West Credit.