Foreign Currency Notes
Hassle Free Inter country currency exchange services with best conversion rates. Very Prompt & Proactive. Got a Card delivered for my Son at my doorstep the next day morning itself. Wire Transfer services work so well in a limited period of time. Extra- Ordinary Services and Highly Recommendable.
Through the four years of my son studying abroad, I used Bookmyforex as the sole forex provider. With the best rates in India and exemplary service, I always felt I got the best of both worlds - a premium service at the best possible cost. Would recommend this highly to anyone who has forex needs.
I had heard of Book my forex through a friend of mine in 2019 when my daughter took admission in York University Toronto Canada. But I was a little reluctant back then to use the services from an unknown company. Came lockdown 2020 and I was in a complete mess as I had to deposit daughters tuition fees again and was reluctant to go to any of the banks in person. So this time I decided to use Book my forex services and it was flawless. I need not be going out of my house at all. All things went so smoothly on mobile and internet. I would recommend Book my forex for fees transfers to foreign universities and all forex requirements.
I have transferred money to my son, studying abroad, many times in the last two years, through Bookmyforex. Bookmyforex is very safe, reliable, and very fast in wire transfer. Bookmyforex is charging a very nominal exchange rate. I believe that Bookmyforex is the real HERO in wire transfer.
Recently my father had to remit some money to UK for my studies. Our regular bank, made my father visit twice personally for the remittance of my college fees, without any success. However, I discovered BookMyForex which proved to be much easy, homely comfortable, hassle-free, dedicated resolutions and prompt process. So far, my father has transacted at four occasions over the past three months for different forex services and every time we find the team to be as cordial, accommodating, prompt and dedicated as in the first place. Above all, the best rates and immediate prompts for every step in the process of remittance, so that you know the status in real-time. Excellent and dedicated customer service. I highly recommend utilizing BMF services. I am sure you won't go anywhere else afterward.
I would like to thank Bookmyforex for a quick and prompt response. Bookmyforex helped me transferring the money to the Netherlands easily without me having to visit the nearby bank for verification. They also provide the best transfer rate when compared to the other banks and services. I would strongly recommend anyone who would like to use Forex services. The services are quick, reliant, and convenient. Their customer service is exceptional, and they will guide you through the whole process. I found Bookmyforex to be the best option to perform outward remittances."
A forex card (also known as travel card) is one of the most convenient, most secure and the cheapest medium to carry foreign exchange and pay your expenses overseas. A Forex card is a prepaid card on which you can load one or more than one foreign currency to transact or make payments on your foreign travel in a hassle-free manner. The way you use your debit card with Indian Rupees loaded on it, your prepaid travel card functions just like that, the only difference is it can be used for transacting only in foreign currency while travelling abroad.
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BookMyForex's Mutli currency Prepaid forex cards are powered by Visa/Mastercard. You can use our Multi-currency Travel cards globally just like your debit cards. They work everywhere, where Visa/Mastercard cards work i.e. in stores, online and at ATMs. Multi-Currency Prepaid Forex cards are preloaded with the amount of foreign currency that you want and come with a number of benefits
Our Multi-Currency prepaid forex card can be loaded with multiple currencies. It offers convenient, hassle-free payments to make foreign travel a memorable experience.
Stop paying the exorbitant exchange rates that your international debit/ credit cards charge. Unlike your debit/ credit cards, which levy a surcharge of 2.5% - 3.5%, our Prepaid Multicurrency forex cards let you exchange currency absolutely for free i.e. at exact interbank rates
Multi-Currency Forex cards bought through BookMyForex will be charged minimal fees while doing withdrawals at an ATM. Using your credit/ debit cards abroad could cost you another 3% for ATM withdrawal charges on top of the 3.5% that you anyway have to pay in cross currency charges. Effectively you could save as much as 6.5% - 7% when using your Multicurrency forex cards at ATMs. ATM/ POS Pin is provided in the travel card kit and can be regenerated in case lost online through a customer care number.
Forex cards are accepted virtually everywhere across the globe. Across 30+ million stores, 2+ million ATMs, 1+ million e-commerce sites.
Load as many as 16 currencies on your card. Use the same card in multiple countries.
Unlike credit/debit cards that use an unknown & opaque exchange rate when the transaction is settled, forex cards are pre-loaded with foreign currency at a specific rate which is agreed upon by you. No more rate related surprises
Reload your Forex Card remotely. Exchange the remaining balance on your card for INR once you return
Unlike hard cash, forex cards are protected for theft and counterfeits
Forex cards come with Fraud, assault and theft protection including expenses in such incidents
Get Email / sms notifications for all your purchases and stay protected with automatic fraud prevention mechanism
Get emergency cash across all the major international cities in case of lost or stolen card
Our cards are loaded with foreign currency at exact Interbank rates. That literally means you get to exchange currency for free. Welcome to the forex revolution.
Bookmyforex waives off all charges commonly associated with
- 0 issuance charge
- 0 reloading
- 0 unloading charge
Apart from waiving off all charges we also
let you buy forex cards at exact interbank rates with 0
added margin. That literally means you exchange currency for
free. Welcome to the forex revolution.
Quick, swift and proactive issue
resolution. Get expedited and expert post-sale mediation with
banks in case of any issue or delays.
Bookmyforex Is India's Largest And Most Trusted Online Forex Platform. We have the best forex card in India
Forex Cards Sold So Far
Loaded In Forex Travel Cards Till Date
Money Saved By Our Customers
Here is a small comparison between various ways of transacting abroad:
Cash vs Forex Card: Carrying foreign exchange in cash mode suffers from the twin problem of cost and convenience. Purchasing foreign currency in cash would cost you more than carrying it in digital mode say by loading it on a Forex card. Further, taking a stack of cash would surely prove to be a hassle for you in terms of security and expenditure tracking and management.
Debit Card vs Forex Card: Though a debit card saves you from the inconvenience problem as you are not forced to carry currency physically. The biggest disadvantage with a debit card is the charges involved while transacting in a foreign currency.
Since your debit card would be loaded with Indian Rupees only, every time you transact in a foreign country, your issuing bank would dynamically convert INR to the foreign currency of the nation you are travelling to and then execute the transaction requested. The bank would levy you currency conversion charges on every such conversion. Further, you run the risk of volatility in the exchange rates with a debit card. If compared, a debit card can cost you dear anywhere between 3% to 4% over a Forex card!
Credit Card vs Forex Card: As the name suggests, a credit card is a credit advancement facility extended by the card issuer to you to make various types of transactions via it. Using a credit card on a foreign land can be a costly affair, as it involves various kinds of charges such as currency conversion charges, high ATM withdrawal fee, foreign transaction fee and high markup exchange rates.
As a Forex card can be offered by a bank or a foreign exchange dealer or you can get it online from a currency exchange marketplace, It is always better to know a few things about the Forex card so that you can compare and buy the best travel card available in the market.
Your travel card could be having a cap on daily spending or on cash withdrawal from an ATM. It is better to check with your issuing authority on such limits first and then decide if the Forex card fits in as per your daily spending plan.
It is the most important thing to check and confirm before purchasing a travel card. Your Forex card can come with a number of charges that can be levied based on the issuer and the nature of the transaction. It includes cash withdrawal charges from ATM, balance enquiry charges, statement request charges, replacement card fee, cross-currency markup charges etc.
Therefore, it is a must to enquire about all such charges that can be potentially levied on your Forex card before purchasing one. Once you have thoroughly enquired about the charges you can easily make a comparison and purchase a travel card suitable to your requirements.
A modern-day Forex card has changed a lot from just a travel card loaded with advanced features and enhanced security elements. Therefore, if you are a passionate foreign traveller and want to flash your forex card as a smart travel accessory then you should make sure that features such as multi currency card, contactless payment, adequate security measures like direct block facility etc. are available on the card you are looking to purchase or not.
It is good to enquire about the activation process of the forex card from the issuing authority. Simple queries such as delivery time, the card activation process, time taken to load/ reload the card etc should be carefully enquired and confirmed as per your need.
There can be various types of insurance cover provided on your travel card by the issuer. You should confirm if the card comes with insurance against lost, theft or counterfeiting cases and if the insurance cover is adequate. Some cards cover ATM assault and robbery including the expenses incurred towards medical treatment. Therefore, it is always good to know about the insurance cover available on your card and the process of claiming the insured amount beforehand.
The following documents are required to purchase a forex card in India:
BookMyForex allows its customers to online upload the documents required. While thinking about the safety of the data and documents as provided by the customers, BookMyForex watermarks the documents, every time the customer uploads it on the website. Watermarking clearly defines the purpose of use of the document and prevents from getting them misused for any other purposes.
BookMyForex provides a range of best travel cards in the foreign exchange industry which are loaded with enhanced security features and other smart features. Here is a list of travel cards provided by BookMyForex along with its major features.
BookMyForex Travel Card: It is a multi currency prepaid travel card which allows you to load multiple currencies on the same card. You can load the card with foreign currency in India by paying in INR and use it to swipe on merchant outlets and withdraw cash in the local currency from ATMs accepting Visa cards.
ICICI Bank Forex Card: Like the BookMyForex Travel Card, the ICICI bank travel card purchased from BookMyForex comes as an multi-currency card which allows you to load more than one currency on the same card. BookMyForex does not levy even issuance fee or any loading or unloading charges on your forex card.
Axis Bank Forex Card: In case you have a preference to purchase an axis bank forex card, you can still get it from BookMyForex. You would get the best possible foreign exchange rate and additional concessions and benefits from BookMyForex. However, you would be required to visit the nearest axis bank branch to get your forex card.
Best Overseas Payment Option: Apart from a travel card, there are multiple ways of making payments in foreign currency on your trip which include transacting in cash (foreign currency notes), using your debit or credit card. However, a Forex card stays the best among all the payment options available while travelling abroad. A Forex card is safer than cash, cheaper than other cards and as convenient as your debit or credit card.
Best Exchange Rate: The foreign currency exchange rates for a Forex card are better than foreign currency notes. You can save anywhere between 2% to 4% (depending on currency) by just switching from currency notes to Forex card.
Convenience: Forex cards are easy to carry compared to a stack of cash. A Forex card can be purchased online and reloaded from a foreign land. You can also encash the remaining balance online when you return back.
No Market Risk: Since the currency exchange market is highly volatile in nature, currency rates keep on changing which might affect you negatively if you are using your debit or credit card. But since a Forex card is a prepaid card, the foreign currency gets loaded on your card at a fixed rate, you get saved from the market risk.
No Hidden Charges: Your debit or credit card which may charge you various types of charges such as currency conversion charges, high ATM withdrawal charges etc. on your transactions while travelling abroad. While there are no such charges levied on your travel card.
Better Expenditure Management: Being a digital card, you can smartly track and manage your expenses with a travel card while travelling abroad.
No, you don’t need to buy a new prepaid travel card every time you travel abroad. You can use your existing Forex card by simply loading the currency of the destination country on it as long as the card is valid.
You can place your order online by visiting the BookMyForex website with the comfort of your home. You just need to select a Forex card, the currency that you want to load on it and the amount that you want to convert Indian Rupees to that foreign currency. You can make payment online and the card would be delivered directly to your home, the same say in all probability.
Otherwise, you can call at +91-9212219191 and our customer service executive would assist you in getting the best Forex card suitable to your needs and also answer your queries.
Certainly, using a Forex card is a better option than cash for making payments in foreign currency while travelling abroad. Compared to cash, a travel card is a cost-effective, safe as well as convenient option for transacting on your foreign travel. The exchange rate charged for loading a foreign currency on your forex card is better than purchasing foreign currency notes. Further, taking a stack of cash would surely prove to be a hassle for you in terms of security and expenditure tracking and management.
Yes, you can use a Forex card at an ATM to withdraw cash in foreign currency while travelling abroad. However, you would be levied an ATM Cash Withdrawal fee for making such a transaction on your travel card. The charges may vary between $2 to $5 depending on the travel card you have chosen. Therefore, it becomes important to check and verify such charges from the issuer before purchasing a Forex card.