A Foreign exchange card or Forex card is a prepaid card that can be loaded with the currency of the country you’re visiting and hence will relieve you from carrying cash or travellers cheques. …
What is the use of Axis Bank forex card?
Axis Bank offers Multi-Currency Forex Card which offers convenient, hassle-free payments in order to make your foreign travel a memorable experience. You can use this prepaid foreign currency card to pay in 16 countries and make hassle-free everyday purchases while abroad!
How can I activate my Axis Bank forex card?
When can I start using the card?
- You can commence the usage of the card once the same is activated. …
- Ensure that you receive the PIN and sign on the signature panel at the back of the card.
- Change the PIN and check the balance on the card at any Axis Bank ATM before your departure from the country.
What are the charges for forex card?
“For amount spent abroad using Indian credit card, the fee will differ from issuer to issuer, merchant to merchant and currency to currency but would consist of conversion charges ranging from 3.50% to 5.00% and if credit card is used for withdrawal of foreign currency from ATMs abroad an additional withdrawal charge …11 мая 2018 г.
Which forex card is better Axis or HDFC?
The exchange rates vary from bank to bank. Also, in case of forex cards, the fees and charges will vary across service providers. … On the other hand, the card reload fee for an Axis Bank card is Rs 100 and cross-currency charge is 3.5%. HDFC has lower reload fee and cross-currency charges of Rs 75 and 3%.
How many days will it take to get forex card?
4 -5 days
Which bank forex card is best?
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.
Can we withdraw cash from forex card?
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 I transfer money from Axis forex card to bank account?
Axis Forex Online enables you to send money abroad (outward remittance) to a foreign bank account, completely online. All you have to do is register and get yourself verified and you can transfer money to your registered receivers from the comfort of your own home or office without having to visit a bank branch.
What are the documents required for forex card?
Documents required while purchasing/reloading the Multi-Currency Forex Card:Sr.DocumentAt the time of Purchase1.Passport CopyMandatory2.Application FormMandatory3.VisaMandatory4.Airline TicketMandatoryЕщё 1 строка
What is the limit of forex card?
$2.5 lakh per annum
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.
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.
What are the charges for HDFC forex card?
HDFC Bank Forex Cards Rates and ChargesFee/Charge TypeRegalia ForexPlusMakeMyTrip HDFC Bank ForexPlusCard issuance feeRs.1,000 plus taxesRs.500 plus taxesReload FeeRs.75 plus taxesRs.75 plus taxesRe-issuance of Card FeeRs.100 plus taxesRs.100 plus taxes
Which is the best HDFC forex card?
If you plan to travel to many countries either in a single trip or multiple trips, then the Multicurrency Forex Card is for you. The HDFC Bank Multicurrency ForexPlus Card is a good example.
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.