When you travel overseas, lack of financial planning can play spoilsport. Being aware of your needs and arming yourself with safe forex will leave ease your woes so that you can concentrate on the more pressing issues during your travel.
Although there are many options to carry forex with you, the prepaid travel forex card is undoubtedly the most convenient. Also called an international travel currency card, it works like a credit card with many benefits. The card is secure, hassle-free, and is the most economical forex choice. It is acceptable for paying hotel bills, shopping (both at Merchant’s location & Online sites ) or even ATM withdrawal. Coupled with instant SMS alerts and online locking/unlocking, the card ensures that your forex is secure at all times.
For people who travel to many countries, a new avatar of the forex card – multi-currency world travel card is ideal. You can bundle multiple currencies onto a single card, and it automatically selects the correct currency when you swipe it. There are no extra conversion charges when you have loaded the multi-currency world travel card with each currency.
Forex card vs. Traveler Cheques/Currency Notes
The forex card gives you access to ready money at all times, unlike cash or TC’s that are subject to availability. Prepaid cards can be bought at rates lower than those for Cash/TC’s. They are also more secure, since they are chip-based and have a PIN as well.
You need not re-purchase forex card each time you travel because a single international travel currency card is valid for up to 5 years! Easy top-up via reloading facility makes the card ideal for both students and travelers.
Cover Against Mishap
For any God-forbidden mishap while travelling, the prepaid travel forex card could your saviour. You can withdraw emergency cash against the card, which is not possible with other traditional modes of forex.
It comes with additional insurance for misplacement or theft of the card. Global 24*7 customer assistance ensures that you are never stranded in a strange land!
Best place to purchase
You can spend precious hours visiting various banks offering the international travel currency card or the flexible multi- currency world travel card, compare their products – or you can sit at home and visit BookMyForex online! We are a one-stop shop that allows you to buy cards offered by various banks – Axis Bank, ICICI Bank, American Express and HDFC Bank.
We even give you the best deal i.e ‘live’ market-fed rates, viz.a.viz. flat ‘daily’ rates offered by banks and other currency exchangers. You can even “Freeze the Rate” that you deem suitable and cushion yourself from currency fluctuation. We give you Best Rate Guarantee on Travel Card rates.
You need not pay any fee for either issuance or reload, the first time and each time. Easy reload facility from your loved ones back home ensures that your cash keeps flowing at all times.
So buy your prepaid travel forex card from BookMyForex and go tension-free for your overseas trip!
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About the Author
Manik Varshney is the AVP - Processes, Compliance & Product Management at BookMyForex. Manik has been building the product at BookMyForex for around 8 years. Be it any query on the tax rules on foreign money transfers or forex cards, Manik is our usual go-to-guy.
