Best Forex cards in Bangalore (1) - PowerPoint PPT Presentation

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Best Forex cards in Bangalore (1)

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Forex cards are a convenient, safe and smart way to carry and spend money while travelling abroad. – PowerPoint PPT presentation

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Title: Best Forex cards in Bangalore (1)


1
Best Forex cards in Bangalore
  • https//www.orientexchange.in/forex-exchange-banga
    lore

2
About Forex card
  • Forex cards are a convenient, safe and smart way
    to carry and spend money while travelling abroad.
    Forex card is a pre-paid travellers card that is
    easy to use. It offers you the flexibility of
    using it at merchant locations as well as
    withdrawing money from ATMs. It can be easily
    reloaded even when you are travelling. Cards
    offer greater security and increased protection
    against theft.

3
How much foreign currency to carry and how to
carry it.
  • The above two questions a traveller need to
    answer while planning a trip abroad. Though cash
    is the most preferred way but using only it is
    not advisable, especially if the trip is going to
    be long.
  • There are few other ways one can carry forex
    travellers cheques, which are mostly now out of
    use due to inconvenience of finding banks/dealers
    to change the same plastic money in form of
    debit /credit cards and prepaid forex cards, also
    known as prepaid travel cards or multi-currency
    card.
  • Using an international debit /credit card is fine
    but it is expensive.
  • For sum spent abroad utilizing Indian debit/
    credit Card, the expense will contrast contingent
    upon guarantor, vendor and money, however would
    comprises of charges extending from 3.50 to
    5.00 and if credit card is used for withdrawal
    of foreign currency from ATMs abroad an
    additional withdrawal charge of 2 to 5
    depending on the issuer and servicing bank of ATM
    is levied.

4
Benefits of Forex Card.
  • Apart from the usual benefits of using plastic
    money, Forex cards have some specific advantages
    as listed below
  • Wide Acceptance - Forex cards are widely
    accepted at all departmental stores small,
    medium or large, Restaurants or railways etc.
    Travel Cards are issued on visa card/master card
    platform.
  • Load Multiple currencies - One can load multiple
    currencies on a single multi-currency tarvel
    card. Altogether 9 currencies are presently
    available for loading on a single prepaid travel
    card. You can re-load your forex card while on
    travel by choosing reload card option in our
    portal.
  • Inexpensive - One should plan in advance to buy
    foreign currency in card or cash to avoid last
    minute rush and pay more. This will give them an
    opportunity to load the forex card multiple times
    and average out the cost.

5
  • As the conversion happens on the day of loading,
    prepaid forex cards provides a hedge against
    currency fluctuations.
  • Lower Charges - Forex mark up fees and charges
    do not apply in case of prepaid travel cards and
    makes it much cheaper when compared to
    international debit/credit cards , where the
    charges varies from 3 to 5.
  • There is absolutely no charges when travel cards
    are swiped at POS terminal abroad. ATM withdrawal
    charges applies in both credit card or forex
    card.
  • Safe- In the event of loss or theft of card, it
    can be blocked by calling the toll free number
    available in the card-kit. All forex cards now
    use the chip and pin technology.

6
Document required to purchase multi currency
forex card
  • Self-attested copy of passport
  • Copy of visa 
  • Copy of Air ticket 
  • Self-attested copy of PAN card.
  • Forex cards are very convenient and economical
    way to carry foreign exchange while travelling
    abroad. But before buying the same one must check
    if the destination currency is available on card
    or not. If destination currency is not available
    on card it may turn out to be expensive.
  • Secondly the most important part is to carry good
    amount of destination foreign currency in cash
    form to avoid exchange loss at airports.
  • Use the forex card maximum and preserve the cash
    as it fetches better encashment rates as compared
    to leftover balance in cards.

7
Contact Us
  • For more details, visit the site
  • https//www.orientexchange.in/forex-exchange-banga
    lore
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