What to do if your Wallet is Lost or Stolen While Travelling
People would commonly put money, identification cards, credit and debit cards, cheques and other important cards in their wallets. Even when travelling abroad, not everyone would consider dividing money between their wallet, body bag, and hotel vault. Most often than not, they bring everything they have during the tour in the hopes of buying a souvenir for their one-of-a-kind travel abroad. However, thieves would know who to target – the traveller who has everything. Losing a wallet in a foreign country is a traveller’s worst nightmare. Here are a few tips on what you should do in case this unfortunate event happens to you.
Report it to the authorities
It does not matter what document got lost or stolen. Whether it is your whole wallet or passport, the first thing you should do is report the incident to the local police. Besides, having a police report makes an insurance claim, in case you have travel insurance, more credible and easier.
Call your bank as soon as possible
If you have all your credit or debit cards in your wallet, contact your bank immediately. These cards are the stepping stone to identity theft. Surely, you would not want to pay for an expensive Marc Jacobs, which you never got to lay your hands on.
Your friends may suggest that you cancel your cards. Although this may seem like a good idea, cancelling your cards may bring you troubles especially when you have low credit scores. To prevent this, report that your cards are lost or stolen. The bank will give you the procedures in handling the situation. Every bank usually has a designation number to report missing cards. Take note of these numbers before you fly to UK or other European states.
If you have traveller’s cheques in your wallet, immediately contact your provider.
Traveller’s cheques providers have a specific process to replace lost or stolen cheques. They also have their own emergency numbers dedicated to responding to this scenario. Write the contact numbers in a notebook, save them on your phone, and keep a copy in your luggage. No matter what happens, you are prepared. Most often than not, traveller’s cheques are replaced within 24 hours.
Arrange for someone to send you an emergency fund
Before you leave the UK, leave some money with your closest friend or family member. Request them to send or transfer you the money in case your wallet gets stolen or lost.
If your wallet gets stolen or lost, list down all its contents no matter how insignificant it may seem. It will make it easier for you to track and contact companies and banks to report such loss.