Transferring Funds to the United States Traveler's checks are the safest way to carry money, but be sure to record the check numbers and keep the record separate from the checks. Do not carry large amounts of cash. Remember that until a check clears, you will not have access to the money it represents. Once you arrive at your new institution, you will want to open a bank account at a local bank. When you do so, bring your student identification, your passport, and the funds you wish to deposit.
Banks offer many different financial services.
You may wish to compare the services and costs of several banks before choosing one at which to open an account. Banks are competing for your business, so don't be shy about asking questions. A checking account will permit you to write checks to make purchases and pay bills. By using checks, it is easy to keep records of your purchases and payments. Finally, checking accounts have the advantage of providing you with immediate access to your funds.