Features & Benefits of Multicurrency Forex Card

by Richa Sharma content marketer

Travelling abroad? You should certainly use a multi-currency forex card for all your payment needs. The prepaid multi-currency cards are the best way to carry money when you are on a holiday. Wondering why you should use one? Here are some features that help you decide:

· You get many options; in India, you can opt for an Axis bank multi-currency card, a HDFC bank forex card or an ICICI bank forex card for your needs. You can use any of these cards to withdraw your cash from ATMS or make any type of e-commerce transaction while you are travelling.

· The advantage of carrying a multi currency forex card is that you don’t have to go running around to money exchange locations or worry about the best foreign exchange values. All you have to do load your card for a fixed amount of foreign currency ahead of your travel. It is safe and secure, and gives you a hassle-free experience. It helps you load multiple currencies (between 10 and over 20, depending on the bank), so if you are jet-setter, travelling from one country to another, you don’t have to rely on multiple currencies in cash or cards. A forex card preloaded for many countries is all you need. You can buy a card from your bank or even one of the money exchange locations. You would need to provide certain KYC documents, your PAN, visa etc to obtain a card.

· In case of credit or debit cards, you are typically charged extra for any kind of cross-foreign currency transactions. Here you don’t have to worry about that. Also, there are no extra transaction fees at any e-com or outlet transactions while swiping it.

· Once you get back to your country, in this case, India, you can enchase any money that is remaining on the card, whether it is an ICICI bank forex card or some other forex card

If you want to know other Features & Benefits of Multi-currency Forex Card, you can visit source blog.

Source: https://yourexpertguide.wordpress.com/2018/07/02/what-are-the-features-benefits-of-multi-currency-forex-card/