Everything you need to know before getting a Forex card for your international tripEstimated reading time: 3 minutes
Apply for Multicurrency Travel Card

Everything you need to know before getting a Forex card for your international trip

Posted on Tuesday, July 7th, 2020 | By IndusInd Bank

Forexcards come with benefits galore. It is the cheapest way to carry money and payin foreign currencies internationally. And, it is undoubtedly safer thancarrying cash in unfamiliar places. They reduce the risk of getting robbed andprotect you against forex fluctuations.

So, howcan you get your hands on one?

IndusInd Bank offers the Multicurrency Travel Card, which is extremely convenient to apply for and use. All it takes is a seamless online transaction to buy it, load it, and even add a travel insurance policy, minus any processing fee. The IndusInd Multicurrency Travel Card sure is a boon for travellers!

Proces of buying the IndusInd Multicurrency Travel Card

Theprocess of buying the forex card by IndusInd Bank is straightforward. It issimplified even if you are not a customer of the bank. Online processing is thefastest and the best way to order one. All you need to do is verify yourAadhaar Card number, and e-sign the order. Your order is processed within 24hours of uploading the documents, and you don’t need to visit a bank branch.

Visit website: Go to the IndusInd Bank website and click on ‘Buy Forex’ and enter details of the amount. You can load up to 14 currencies on a single card. So the same card can be used for multiple destinations in the same trip. At this time, your forex rate gets locked. There is no processing fee involved.

Fill details: Fill the personal information after which you will receive an OTP. Linking of the Aadhaar Card number is mandatory here.

Sign required documents: E-sign your documents after verifying the OTP number shared with you.

Card delivery: Select your delivery mode.

Upload documents: If you are a new customer, then you will be required to upload necessary documents.

Confirm: Confirm your order by paying 5% of the token amount.

Complete booking: Complete your order by paying the remaining 95% within 24 hours of order booking.

Onceyou start using your card, you will get instant SMS alerts after everytransaction. This will help you in tracking your transactions and check balanceamounts.

Documents required

IndusIndBank customers do not need to upload any document for buying IndusInd Forexcard. Non-IndusInd customers need to provide a copy of their PAN Card andAddress proof for the address details.

Response time & delivery of the card

Once 100% payment is made and all documents are uploaded, then the order is processed on the same day, and you can personally collect the card on the same or the following day. If you opt for a courier, then the card is dispatched the same day, and you will receive it on the next day. While using the card during your travel, you can track expenses and check the remaining balance online. The IndusInd Multicurrency Travel Card is extremely secure for cash withdrawals through ATMs abroad as well. The dashboard of the card looks neat and clean, presenting all the necessary information that you require. You can view all the balances, even across multiple currencies in a single view. You can also view your entire transaction summary online in just a click.

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.

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