When you purchase a forex card, these facilities would be explained to you by the card issuer and you would get an envelope with the forex card and your login details. When you are encashing a forex card a charge is levied on you.

ICICI Bank Forex Prepaid Card Benefits

Usually this is very less around Rs However, at ExTravelMoney most of our forex cards can be encashed free of charge! Many banks and money changers charge a fee for reloading forex card. Again this is usually around Rs. Cross-currency fee is charged by the merchant overseas to convert the foreign currency in your card to the currency in which you are trying to pay using your forex card. For example, if you are using a forex card loaded with US dollars in Germany, then payments would have to be made in euros. That means the dollars in your forex card would have to be converted to euros and this would involve a cross-currency fee which would be atrocious.

After placing your buy forex card order, our customer support team will be updating the order status to you via E-mail, SMS and directly through phone call if needed. These timely updates will let you know if your forex card is ready to be picked up from the store or out for delivery to your address if you have chosen door delivery option. Minimum amount of foreign currency to be loaded in a forex card, through ExTravelMoney, is USD 50 or its equivalent in other foreign currencies. The maximum amount of foreign currency which can be loaded in a forex card is USD 2,50, or its equivalent in other foreign currencies.

In case of loss or theft of the card, travellers can simply block the card by contacting the card issuer. Then, the replacement secondary card, which is usually present along with your original Forex card kit, can be enabled and would be ready for use abroad. It is not necessary to surrender the backup amount in your forex card after returning to India from a trip abroad. The funds can be held indefinitely.

However, sometimes an inactivity fee may be charged by the card issuing agency. Also, the validity of most forex cards is upto 5 years. So you must encash any leftover foreign currency before the end of this 5 year period or that money will be lost from your card.

If you forget your forex card PIN, you can get in touch with your card provider through the toll free number provided on your card. For enhanced security features, all major forex cards available through ExTravelMoney. These cards are more secure than forex cards just using magnetic strip. However, even now, some merchants are using card machines which only have swipe facility in them. So considering that, the forex cards also come equipped with magnetic strip that can be used at such PoS terminals.

Name Invalid name. Phone Number Invalid number. Your Location. Your Message. Your request has been sent. Our representative will call you shortly. We regret to inform you that, due to the ongoing Coronavirus epidemic, most of our partnering money-changing stores in India have suspended their business operations indefinitely.

Travel Money Card

Transactions can be carried out anywhere across the globe using your Forex Card in any currency. A cross currency mark-up would be charged against the transaction amount. Forex Cards can be applied from any of the Standard Chartered branches across India. Alternatively, you can also reach out to your Relationship Manager to apply for a Forex Card. You can contact Phone Banking or write to us or visit any nearest Standard Chartered branch.

You can visit www.

You need to write a mail to bankclaims hdfcergo. The Forex Card is pre-activated to perform Ecommerce transactions once it is loaded with the currency required but you need to ensure that you have completed the first time login process for Customer Portal since the IPIN Customer Portal password is required as the second factor to authenticate such transactions. IPIN is required as a second factor to authenticate Ecommerce transactions. The respective card numbers will be printed on the PINs.

Multi-Currency Forex card is a complete solution to all your Forex needs. This card can support up to 20 currencies. Same card can be used across the globe.

Cash Passport Platinum Mastercard - Travel Money Card

When you perform a payment transaction, the debit would take place on the priority as per the grid provided below,. Scenario 1 — If you have sufficient balance in local currency depending on country of transaction then the transaction will be processed using the local currency balances. Scenario 2 — If the local currency is part of the offered multiple currencies on the card but you do not have sufficient balance in the local currency, however if the you have sufficient balance equivalent to local currency in default currency USD then the transaction will be processed using the balances in the default currency.

Value from the default currency will be converted to local currency using cross currency conversion rate decided by the Bank. This rate will be calculated with a markup on the IBR cross currency rate. Scenario 3 — If the local currency is part of the offered multiple currencies on the card but you do not have sufficient balance in local currency as well as default currency USD however if the you have sufficient balance equivalent to local currency in any other currency then the transaction will be processed using the balances from the respective currency.

The card will look for balances across all the currencies in following order of priority as decided by the Bank,. USD 2. GBP 3. EUR 4. SGD 5. AUD 6. CAD 7. JPY 8.

CHF 9. HKD NZD THB ZAR SEK NOK DKK AED BHD KWD OMR Scenario 4 — If you transact in currency which is not offered on the card, the transaction will be processed by debiting default currency USD. Cross currency conversion would take place as per applicable rates. Partial transactions in different currencies are not allowed. If you do not have sufficient balance to process the transactions individually in any of the currencies available on your card, the transaction is declined even if the collective balances on the card across all currencies is sufficient to process the transaction.

Else the amount needs to be refunded within days from the date of arrival. Income Tax Refund. 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.

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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.