Forex Card To Indian Bank Account

Jumat, 06 September 2019

Forex Card To Indian Bank Account

If you are not in india or not visiting india anytime soon the first option will be the best. You can simply visit any hdfc bank branch and purchase the card.

Top 9 Best Forex Cards In India Everything You Need To Know Before

However if you have to change the pin of your forex card you can do that only in an axis bank atm in india.

Forex card to indian bank account. Axis forex online enables you to ! send money abroad outward remittance to a foreign bank account avail the facility of forex card and foreign currency cash to travel abroad completely online. All you have to do is register and get yourself verified and avail all forex facilities from the comfort of your own home or office without having to visit a bank branch. The broker will force me to withdraw 500 as a credit to my credit card before allowing me to use another withdrawal method.

Even though you can check your forex card balance online but you cant transfer funds from your forex card to your bank account. These cards are an easy and safe way to travel to the us with us dollars from you indian account. But to do a refund you need to be in india and visit the axis bank branch.

One more thing is that you dont need a bank account with hdfc bank to purchase the hdfc bank multi currency forex plus card. The next time you travel you will have to load foreign currency i! nto the card at the prevailing rates. This is an anti money la! undering precaution.

Most forex cards levy a fee per atm withdrawal abroad there is also a limit to your daily withdrawal. And if you want to reverse the money from your card to forex account then you can just walk in any branch and ask to reverse the money from your loaded card to your respective bank account. The top five banks in india offering forex cards are icici bank hdfc bank axis bank sbi bank and indusind forex card.

Another option is initiating the request to refund the card balance to your axis bank account in inr and do a wire transfer from the axis bank to your bank account in canada. For example if i fund my forex account with 500 on a credit card and make 500 profit i now have 1000 sitting in my forex account. Your card will work fine at any shop or restaurant or a hotel that accepts cards of visavisa plus or mastercard.

You can simply visit any hdfc bank branch and purchase the card. If you a! re a frequent traveller our advice is to keep the currency in the card to avoid repurchase. State bank of india foreign travel card can be used for all of your travel online shopping and foreign currency exchange needs.

Once you transfer money from your forex card to your bank account you lose the protection against forex fluctuations.

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