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- Forex Cards: Things to know before buying a prepaid forex card for your international holiday.
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Tax Exemption Limit. Income Tax Slabs. Insure Life Insurance. Health Insurance. Motor Insurance. Other Risk Covers. Personal Finance News. Mutual Funds. Powered by. Things to know before buying a prepaid forex card for your international holiday. Sunil Dhawan. Font Size Abc Small. Abc Medium. Abc Large. ThinkStock Photos You can get a prepaid forex card from a bank or an authorised forex dealer also known as money changers.
How much foreign currency to carry and how to carry it are two questions you need to answer while planning a trip abroad. Using just cash is not advisable, especially if your holiday is a long one. Other than hard cash, there are a few other ways you can carry forex -- travellers cheques, plastic money in the form of debit and credit cards , and prepaid travel cards. Each of these comes with its own pros and cons. Using a credit card abroad for foreign currency transactions may be fine but it is expensive.
- Things to know before buying a prepaid forex card for your international holiday.
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- Which is the Best Forex Card in India?.
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If one uses a credit card abroad, there will be conversion charges, and if used at an ATM, an additional fee is levied. A prepaid forex card is another option you can consider. What is a prepaid travel card? Click here to know how to save on taxes for the financial year Srila Ramanujam days ago. View Comments Add Comments.
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