Common questions

How can I get a forex card fast?

How can I get a forex card fast?

It is very easy to obtain a forex card and it can be bought from any authorised dealer or bank. A prescribed form must be filled by the traveller. This can be downloaded from the bank/dealer website or from the nearest branch. Some banks also provide for online application for forex cards.

How much does a forex card cost?

HDFC Bank Forex Cards Rates and Charges

Fee/Charge Type Regalia ForexPlus Multicurrency Platinum ForexPlus
Card issuance fee Rs.1,000 plus taxes Rs.500 plus taxes
Reload Fee Rs.75 plus taxes Rs.75 plus taxes
Re-issuance of Card Fee Rs.100 plus taxes Rs.100 plus taxes

Can I get forex card same day?

Apply Online for an Axis Bank Forex Card Know how to apply for a Forex card from the comfort of your home in 3 easy steps within a few minutes and get the card delivered at home or pick from branch on the same day. Enjoy safe travels with Axis Bank Forex Card!

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What are the documents required for forex card?

Documents required while purchasing/reloading the Multi-Currency Forex Card:

Sr. Document At the time of Purchase
1. Passport Copy Mandatory
2. Application Form Mandatory
3. Visa Mandatory
4. Airline Ticket Mandatory

Do I need a bank account for forex card?

You can get a prepaid forex card from a bank or an authorised forex dealer (also known as money changers). You don’t even need an account relationship with the bank to purchase the card.

Can I use forex card in ATM?

A forex card is your best friend on your travels abroad. 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. With a forex card in your wallet, you need not carry wads of cash on your sight-seeing trips in a new country.

Can I transfer money from forex card to bank account?

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.

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Can I use forex card for online shopping?

Can a Forex Card be used for online transactions? You can use it just like your Credit Card for online shopping or to make online payments for flights, hotel rooms, etc. The advantage of using a Forex Card when abroad is that online transactions will not attract additional (cross-currency) charges.

Do you need a bank account for forex?

So, whether you are a seasoned trader or want to start with Forex, opening a forex-friendly bank account is a must. It will ease your trading flow and allow you to dispose of your income easily and with low commissions.

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. Furthermore, Forex cards are now secured by chip and pin technology that ensures your money is safer than ever.