cash, get assistance on lost passport, and receive emergency cash. With a 5-year validity period the card is more suitable for people travelling different countries. A daily purchase limit of 10,000 and cash withdrawal limit of 5,000 or equivalent is allowed on the card. International is still a small portion not just for us, but everyone, said Sangram Singh, senior VP-Head Cards Merchant Acquiring, Axis Bank. In case, your base currency is in US dollars and you use the card in Canada, exchange rates or conversion rates from US dollars to Canadian dollars would be applicable as per the rates applied by visa.
Load cash in 16 currencies including United States dollars, euros, pounds, Singapore dollars, Australian dollars, Canadian dollars, Japanese yen, Swiss franc, Swedish krona, Thai baht, UAE dirham, Saudi riyal, Hong Kong dollar, New Zealand dollar, Danish kroner and South African rand. Will I receive SMS for all the transaction done using the Forex Card? Once a foreign trip is finished users can encash the balance, transfer it to a resident foreign currency domestic account or reload it for the next travel. Cardholders can earn 2 reward points for every 5 or equivalent spent on the card at any merchant outlets located worldwide. Where can I buy travel cards?
With the locked-in exchange rate feature users can save up to 4 on exchange rates besides avoiding extra fees per transaction. You can load the card while youre in India and use the card the moment you land on the foreign country to withdraw cash as well as to carry out transactions at merchant terminals.
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