Asked by: Nasima Frary
personal finance credit cards

How many days will it take to get forex card?

Last Updated: 16th January, 2020

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It takes about 4 -5 days to process and receive personalised forex cards. The card can be reloaded with additional forex by filling up a reload form and submitting a cheque or a debit instruction for the required amount. 1. An existing bank account is not required with the bank to obtain a forex card.

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Herein, how long does it take to get a HDFC forex card?

three days

Secondly, which bank is best for forex card? The most convenient and economical way to carry money abroad is the prepaid forex / travel card. Axis Bank, ICICI bank, HDFC bank, State bank of India, etc. are some of the leading banks that offer you the best and unbeatable exchange rates for forex card.

Herein, 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.

How long does it take to get Icici forex card?

With easy documentation, now buy ICICI Bank Travel Card online and get an activated Travel Card delivered to your requested mailing address within 4-5 working days. ICICI Bank Travel Card is also available through ICICI Bank Forex branches (click here to find the nearest Forex Branch).

Related Question Answers

Shea Correal

Professional

Do you need a bank account for forex?

Today, opening a Forex account is almost as simple as opening a bank account. You'll also need to provide an ID, and the minimum deposit your Forex account institution requires. That's it. You're now free to trade.

Carleen Murogov

Professional

What are the charges for HDFC forex card?

HDFC Forex Cards Rates or Fees and Charges
Fee/Charge Type Regalia ForexPlus MakeMyTrip HDFC Bank ForexPlus
Card issuance fee Rs.1,000 plus taxes Rs.500 plus taxes
Reload Fee Rs.75 plus taxes Rs.75 plus taxes
Re-issuance of Card Fee Rs.100 plus taxes Rs.100 plus taxes

Mogens Halasz

Professional

How do I know if my forex card is activated?

To check your forex card is working or not - you may visit the ATM of card issuing bank where you may change the PIN and check the balance ( shown mostly in USD ). For checking the actual balance you may have to logon to internet banking of issuing bank by using webpin available in the card kit.

Asifa Fico

Explainer

How do I know if my HDFC forex card is activated?

Following are the ways to check HDFC Forex Card balance
  1. Login using HDFC Prepaid/Forex Card Net Banking - Enter your Forex card number as User ID and IPIN /Activation Code as password (provided in kit)
  2. Call HDFC Customer Care ( Follow IVR options )
  3. Check your balance through HDFC Normal NetBanking.

Nosair Uran

Explainer

What travel card is best?

The best travel money cards
  • 7-Eleven Just Go Visa Prepaid. Currencies: AUD, USD, GBP, EUR, NZD.
  • NAB Traveller card. Currencies: AUD, USD, NZD, EUR, GBP, SGD, HKD, JPY, CAD, THB.
  • Qantas Travel Money.
  • Commonwealth Bank Travel Money Card.
  • Travel money cards with the best exchange rate.
  • Travelex Money card.

Noredine Betty

Explainer

What is a prepaid forex card?

Prepaid cards are used for making payments while you are travelling abroad. These are pre-loaded and enable you to access money in the required regional currency. You can also top it up depending on your requirement. The card allows you to withdraw cash in foreign currency, check your balance and shop.

EkiƱe Windsperger

Pundit

Which is the best multi currency card?

  • WeSwap Prepaid Card. FX Fee: 1.0% £1.50. Free. 589 reviews.
  • Post Office Travel Money Card. FX Fee: Free. £1.50. Free. 479 reviews.
  • Caxton FX Multi Card. FX Fee: Free. Free. Free. 256 reviews.
  • Travelex Money Card. FX Fee: Free. Free. Free.
  • FairFX Anywhere Card. FX Fee: 1.40% £1.00 + 1.4% Free.
  • EasyFX Currency Card. FX Fee: Free. Free. Free.

Stelu Yehielchik

Pundit

What is cross currency fee?

Cross currency markup charge- When the transaction currency is different from loaded on the card (for instance, if you have loaded the card with dollars and have to make a transaction in euros), you may be charged a 'cross currency markup' of 3-3.5 percent on such transactions.

Mararia Arrazubi

Pundit

Is book my forex safe?

BooKMyForex is a well-known and trusted player in the foreign exchange market. One thing that I liked about them is they watermark every document that you upload on their website which ensures that your KYC documents are safe and can not be misused for any other purpose.

Belal Leferink

Pundit

What is the limit of forex card?

The card allows you to withdraw cash in foreign currency, check your balance and shop. Maximum Carry Limit: 250000 USD Per Financial Year In Travel Card Per Passport.

Siarhei Berrondo

Pundit

Can I withdraw cash from forex?

Yes, you can withdraw cash from any VISA/VISA Plus/MasterCard ATMs worldwide. However, if you have to change the PIN of your Forex card, you can do that only in an Axis Bank ATM in India. Your Card will work fine at any shop or restaurant or a hotel that accepts cards of Visa/Visa Plus or MasterCard.

Piero Benedictis

Teacher

What is the benefit of forex card?

A forex card comes with several benefits. 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; and you get to enjoy special privileges and discounts wherever you go.

Soria Antonaci

Teacher

Is forex card better than debit card?

—Usually available at better rates than currency notes (cash) and traveler's cheques. Also unlike credit, debit cards you aren't susceptible to variable rates as forex loaded on your prepaid card is loaded at a fixed rate.

Jytte Isasmendi

Teacher

What are the documents required for forex card?

Documents Required for Forex Card
  • Application form.
  • Copy of passport (self-attested).
  • Copy of visa (visas if the trip involves multiple countries).
  • Airline ticket copy.
  • PAN card.

Einar Illingworth

Teacher

How much forex can I keep at home?

According to Foreign Exchange Management act, 2000, you must surrender the unused foreign exchange within 180 days of your return from abroad. However, if you so desire you can keep foreign exchange up to USD 2,000 in your Resident Foreign Currency (Domestic) or RFC (Domestic)Accounts .

Medou Kerber

Reviewer

How do I get a prepaid forex card?

You can get a prepaid forex card from a bank or an authorised forex dealer (also known as money changers). You don't even need an account relationship with the bank to purchase the card.

Arnelio Zumstein

Reviewer

What is Forex card number?

What is Forex Card? The Forex Card is a Chip based pre-paid card introduced in association with Visa. It is the first card to offer you the option of loading up to 13 currencies in a single card in a convenient and secure way.

Potenciano Mallada

Reviewer

Which is the best prepaid 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.

Jobita Krafft

Reviewer

Is PAN card mandatory for forex card?

Sell Foreign Currency
Any valid photo ID proof such as Passport/Aadhar/Voters ID/Driving License and PAN card. Passport and PAN card are mandatory for transactions above Rs. 25000. For buying foreign currency and money transfer abroad, the person should be present to do the forex transaction.