When you are in India and want to withdraw money your forex card, go to the vendor who issued the card and encash the funds in your card. You’ll receive the equivalent Indian rupee back.
How can I withdraw money from forex card in India?
Yes, you can withdraw cash from any VISA/VISA Plus/MasterCard ATMs worldwide. However, if you have to change the PIN of your Forex card, you can do that only in an Axis Bank ATM in India. Your Card will work fine at any shop or restaurant or a hotel that accepts cards of Visa/Visa Plus or MasterCard.
Can we transfer money from forex card to Indian bank account?
You can never transfer money from a Forex card account in any bank. You can either withdraw money using the PIN number (anywhere apart from India, Nepal & Bhutan) and also make ad-hoc online purchases(anywhere apart from India, Nepal & Bhutan) using a HDFC bank Forex card. Hope this helps.
What are the encashment charges for forex card?
Fee And Charges Of Axis Bank Forex CardsFee/Charge TypeMulti-Currency Forex CardWorld Traveller Forex CardReload/Renewed Card FeeRs.100.00 + GSTRs.100.00 + GSTAdd-on Card FeeRs.100.00 + GSTRs.100.00 + GSTEncashment ChargesRs.100.00 + GSTRs.100.00 + GSTPin ChangeNilNilЕщё 2 строки
What is the daily withdrawal limit for forex card?
There is a daily limit of $10000 for purchases at a merchant establishment and a daily limit of $1000 or equivalent for cash withdrawal from ATM.
Can I withdraw cash from HDFC forex card?
You can use a forex card just like a credit or debit card to pay for your expenses in a local currency abroad. You can withdraw local cash from an ATM.
Which bank forex card is best in India?
Below are some of the best forex cards in India that you might want to have a look at.
- YES Bank Multi-Currency Travel Card.
- Axis Bank Multi-Currency Forex Card.
- MakeMyTrip HDFC Bank ForexPlus Card.
- ICICI Bank Travel Card.
- HDFC Regalia ForexPlus Card.
How can I transfer money from Indian Bank to Thomas Cook forex?
Pros and cons of using Thomas Cook India
- Low minimum amount.
- You can lock the exchange rate for 2 days by paying 4% of the total payable amount.
- Flat transfer fee of INR750.
- You can transfer to bank accounts in more than 120 countries.
Can I transfer money from forex card?
Even though you can check your forex card balance online, but you can’t transfer funds from your forex card to your bank account. Most forex cards levy a fee per ATM withdrawal abroad, there is also a limit to your daily withdrawal.
How can I transfer money from forex to bank account?
Follow these simple steps if you wish to transfer funds from your forex card to your bank. If you have an HDFC Bank Savings account: You can transfer the money from your HDFC Bank ForexPlusCard to your bank account by calling the PhoneBanking. All you will need are your ForexPlus Card number and your customer ID.
Is SBI forex card good?
It’s the cheapest way of carrying and paying in foreign currency internationally; it’s safer than cash; cheaper than other cards and convenient as credit or debit cards; you can use it for multiple trips.” Here we take a look at benefits SBI, HDFC Bank, Axis Bank forex cards offer to you.
Is it better to carry cash or forex card?
Prepaid forex cards have better exchange rates than carrying cash around. Therefore, you can buy more foreign currency in a prepaid forex card than as cash, with the same amount of money. … Prepaid forex cards are a safer option for studant rather than carrying cash around.
Can I use my Indian debit card abroad?
Using an international debit card, bank customers can carry out transactions in foreign currencies as well. … The money in your account will be in Indian rupees but when the customer makes a transaction, the money will be converted to that foreign currency. Depending on the currency exchange rate of the day.
Which forex card is best for students?
Best Forex Cards for Indian Students
- TransferWise Borderless Card.
- Niyo Global Card.
- Axis Bank forex card.
- HDFC forex cards.
- ICICI forex cards.
Can we use forex card for online transactions?
You can use your Forex Card to pay for online transactions in stores abroad. The process is similar to using a credit card online, and the advantage is you don’t have to pay cross-currency charges. … Load it once (in USD) and use it to pay for your expenses anywhere in the world.
How do I check my forex card balance?
12. How do I check balance on my Card? You can login to the card management portal (https://cards.bookmyforex.com) to view your currency wise balance. You can also check your Card balance on the Visa enabled ATM overseas, however, this may attract additional balance enquiry charges.