What Is Valas Savings: Are You Sure You Don't Want To Try?

What Is Valas Savings (Imagine Christine Roy - Unsplash)

YOGYAKARTA - Foreign exchange savings is very useful, both for now and for the future.

Foreign exchange (valus) savings are often used as an alternative deposit for some people, most importantly for those who like to shop for foreign products.

The reason is that this savings is not used for rupiah currency, but instead uses foreign currency as the type of savings.

No need to worry, foreign exchange savings has been confirmed by the Deposit Insurance Corporation, so it is comfortable and not so risky.

But the question is, what is the fadah of using foreign exchange savings? Let's follow the full details below!

Understanding foreign exchange savings is a product that is placed in the form of currency from abroad.

In this regard, Friends of OCBC NISP mean they can have savings in the form of foreign currencies from various countries, such as dollars, Lbs Sterling, Euro, Yuan, Yen, and so on.

In addition to saving rupiah as usual, foreign exchange savings are savings that can be used as an alternative.

Not only can provide profits, foreign exchange savings offers competitive exchange rates and makes it easier in international transactions.

There are also institutions that protect foreign exchange savings are Deposit Insurance Corporations (LPS). With this protection, saving foreign currency has a small risk.

Benefits Of Foreign Valuta Savings

There are some benefits from foreign exchange savings that Friends of OCBC NISP can feel, either for now or later in the future.

The following are some of the advantages of having foreign currency savings:

If you take a business in the field of exports and imports or the like, so that with foreign exchange savings, transactions can be easier.

Because, if you already have a foreign exchange account, transactions between countries that you are running can be more efficient and effective.

When the Rupiah currency has weakened against the United States dollar, it will usually result in an increase in the price of imported goods.

If you have foreign exchange savings, this matter will not be a problem, because you can always shop for imported objects at low prices.

Foreign valuta is difficult to get affected by the shrinkage of the currency value. This will be very useful, most importantly if your class is from a country where the economic situation tends to be normal.

Foreign exchange savings is very useful when you are traveling abroad.

The reason is that transactions in the destination country can be done easily and lightning because the value of the currency is suitable.

However, you need to save on the valas as soon as possible. This is useful for estimating the formation of an increase in the value of the currency in the destination country.

If you have large risk investment instruments, up to wise steps that need to be taken, namely preparing backups.

One of the investment reserves that you can consider is foreign exchange accounts, because foreign currency exchange rates tend to strengthen every year.

Thus, you can get optimal benefits in investing and do not need to be afraid if other instruments suffer losses.

Like conventional or rupiah savings usually, foreign exchange is very easy to attract if at any time there is an emergency need. You just have to exchange the valus for Rupiah.

Not only that, you also don't need to worry about the turmoil in foreign currency exchange rates in the deposits you have, because foreign currency exchange rates tend to be normal.

Do you plan to prepare for future children's studies abroad? If so, foreign exchange savings is something that can be considered as a storage medium.

Later, this savings can be useful for financing various matters, ranging from school or college payments, rental payments, to daily needs.

So after knowing what foreign exchange savings is, see other interesting news on VOI, it's time to revolutionize news!