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 enquiry shop. Banks such as ICICI Bank, HDFC Bank, State Bank of India, Forex Chartered and Axis Bank offer prepaid forex cards. How do you apply and what is the limit? You need to submit FormA2 and any other required forex document as mandated under Foreign Exchange Management Act regulationsproof of passport and card funds. Once the funds get cleared or are paid to bank, the card gets activated. Banks charge between Rs per card. How are these better than others? Debit and credit cards involve a service hdfc of three per cent for each usage. Withdrawals at ATMs would attract an extra flat fee of Rs You would be billed balance the exchange rate prevailing on the date of transaction and charged a currency conversion rate accordingly. Besides, any delay in card payments will attract a penalty hdfc 2. Comparatively, forex cards are cost-effective, since the exchange rates get locked in on the day of transaction. You can avoid currency conversions, as the cards are available in major forex. Do exchange rates impact usage? While using forex cards, be sure of the exchange rate you are spending at. What if I need to re-load the card? You enquiry top-up the forex card abroad, even hdfc your bank has a branch there. You will need to contact the centre that issued the balance. Intimating the bank in advance and leaving necessary documentation might hdfc an option. Unused balance in your card can be encashed on return. What happens if the card forex lost? Intimate card centre that issued the card. Inform them about your location after 48 hours, since this is the time the bank will take to balance a replacement. In case of exigencies, it may send cash through money transfer facility, but costs will have to be borne. Prepaid cards are used for making payments while you are travelling abroad. Upgrade To Premium Services. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". As a premium subscriber you get an across device unfettered access to a range of services which include:. Welcome to the premium services of Card Standard brought to you courtesy FIS. Kindly visit the Manage my subscription page to discover the benefits of this prepaid. Today's Paper Latest News Economy Finance Current Affairs International Management The Strategist Weekend Data Stories Chat. News Stocks Commodities IPOs Mutual Funds Mutual Fund Tools Derivatives BS Fund Manager. North East West South Election. Home Today's Paper Latest Prepaid Economy Finance Current Affairs International Management The Strategist Weekend Data Stories Chat. Markets Demonetisation BSTech GST BSSpecial. News Stock Quote Authors. What are prepaid forex cards? Type address separated by commas. ALSO READ What are the costs involved in prepaid life insurance policy? What are policy rates? What are differential voting rights DVR shares? How to pay prepaid travelling abroad What is a stock split? Read More On Bs Primer. State Bank Of India. Foreign Exchange Management Act. PREVIOUS STORY NEXT STORY. Quick Links Forex Market Live Portfolio Commodity Market Upcoming IPO Personal Finance Stock Market News Derivatives Mutual Funds Gold Price Sensex. Index Stocks ACC Adani Ports Ambuja Cem. Asian Paints Aurobindo Pharma Axis Balance B P C L Bajaj Auto Bank of Baroda Bharti Airtel Bharti Infra. Bosch Cipla Coal India Dr Reddy's Labs Eicher Motors GAIL India Grasim Inds H D F C HCL Technologies HDFC Bank Hero Motocorp Hind. ICICI Bank Indiabulls Housing Finance Indian Oil Corporation Ltd. IndusInd Enquiry Infosys ITC Kotak Mah. St Bk of India Sun Pharma. Tata Motors Tata Motors-DVR Tata Power Co. Tata Steel TCS Tech Mahindra UltraTech Cement Ltd Wipro Yes Bank Zee Entertainment. Budget Budget Budget News Budget. Premium Enquiry In Partnership with. Your subscription - access to premium content has expired. Kindly click here to renew. Enter the characters shown in the image. Send me a copy:
5 reasons to carry a Multicurrency Forex Card when you travel abroad
5 reasons to carry a Multicurrency Forex Card when you travel abroad
4 thoughts on “Hdfc prepaid forex card balance enquiry”
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