Much like regular bank (Credit/Debit) cards, Forex Cards can be used to make transactions and withdraw cash from ATMs. However these amounts are preloaded and can be loaded across multiple currencies, enabling one to withdraw/make payments in the local currency when travelling abroad.
What is Axis 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!
What is the benefit of forex card?
A forex card comes with several benefits. 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; and you get to enjoy special privileges and discounts wherever you go.
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.
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.
How many days will it take to get forex card?
4 -5 days
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.
What is the limit of forex card?
$2.5 lakh per annum
Can I withdraw cash from forex?
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.
Which bank is best for forex card?
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 forex to bank account in India?
If you wish to do it physically, visit the nearest branch and submit a form to complete the transfer. If you are not an HDFC Bank accountholder: : Visit the nearest HDFC Bank branch or call PhoneBanking and request for the remaining money in your HDFC Bank ForexPlus Card to be transferred to your bank account.
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
Can I withdraw money from Axis Bank forex card in India?
It is a single prepaid card, which can be loaded with multiple foreign currencies. The card is issued and loaded by Axis Bank branches in India. It can be used to swipe for payments and withdraw cash while travelling abroad.
Which bank is best for international transfers in India?
Let’s take a look at which banks give the best exchange rates from India to USA.
- ICICI – Money2India. ICICI Bank offers the Money2India facility for transferring money to more than 100 banks in India from USA. …
- SBI Express Remit. …
- HDFC Bank – Quick Remit. …
- Axis Remit. …
- Click2Remit. …
- BarodaRemitXpress. …
- IndRemit. …
Is Axis Bank Debit Card International?
Ans: If your Axis Bank Debit card is for domestic use only then you can not use it for international payments. You need to apply for an international Debit card.
Is my money safe in Axis Bank?
Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest. … Axis bank has a separate brand image for customer service and maintaining customer relationships.