Question: How Many Days Will It Take To Get Forex Card?

How can I get forex card fast?

To apply for a Forex card, you need to submit an Application-cum-Declaration form along with a copy of your passport, tickets and visa.

You have to remit an amount in Indian Rupees (equivalent to the amount you want in foreign currency) to the bank.

Once the transaction is done, your card is activated..

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. Cash has higher conversion rates and may vary from one dealer to the next.

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.More items…

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 …

How can I reload my HDFC regalia forex card?

How to load money onto a forex cardLogin to your NetBanking account.Select prepaid cards.Select the type of forex card you hold.Enter the amount and currency of your choice.

What is SBI forex card?

State Bank Foreign Travel Card,is a prepaid Foreign Currency card that makes your foreign trip trouble-free and convenient. It is a Chip based EMV compliant Card which stores encrypted and confidential information.

Can I get forex card same day?

You can apply in just three easy steps. If you are not a Savings customer, follow the steps outlined in the Forex Card online application form and, after successful completion, you can get your card delivered at your doorstep in three days. If you choose to personalise your card, you may have to wait for a week.

How long does it take to load HDFC forex card?

one working dayThe card reload request will be processed in one working day. Alternately, you can get the card reloaded instantly through Prepaid NetBanking, if you have HDFC Bank DC/CC. Maximum value of Forex that can be loaded on the card will be in line with the limits specified under LRS basis purpose of travel.

Is NiYo card safe?

Being loaded in Indian currency, the NiYo travel card can be used both in India and foreign locations. … “As long as a customer is not breaching the limit of $250,000 for forex transactions, the NiYo card is good for a customer. If there are compliance issues, it would be for the bank and not the customer.

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 HDFC forex card is better?

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.

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 TicketMandatory1 more row

Is it cheaper to use cash or card abroad?

Local cash is normally the easiest way to pay abroad. However, you’ll need to shop around for a good exchange rate. Unless they’re designed for travellers, credit cards and debit cards are usually expensive to use abroad. Avoid withdrawing money with a credit card, as this can attract steep fees and interest.

Which Indian Bank is best for international travel?

Best International Debit Cards Offered by Indian BanksSBI Global International Debit Card.ICICI Bank Sapphiro International Debit Card.Axis Bank Burgundy Debit Card.HDFC EasyShop Platinum Debit Card.Yes World Debit Card.HSBC Premier Platinum Debit Card.

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.