Benefits of forex travel card and forex foreign exchange rates - PowerPoint PPT Presentation

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Benefits of forex travel card and forex foreign exchange rates

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We all know that cash is considered outmoded since the advent of plastic money. Carrying a travel card offered by IndusInd Bank rather than hard cash to a foreign trip is far safer and much cheaper as well as safeguards you against currency fluctuation – PowerPoint PPT presentation

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Title: Benefits of forex travel card and forex foreign exchange rates


1
Travel Card and Forex Foreign Exchange Rates
  • We all know that cash is considered outmoded
    since the advent of plastic money. Carrying a
    travel card offered by IndusInd Bank rather than
    hard cash to a foreign trip is far safer and much
    cheaper as well as safeguards you against
    currency fluctuation. It is evident that handling
    cash in hand, particularly when the amount is
    huge, is tough for most of us. In this scenario,
    a forex travel card lends a helping hand as the
    traveler can load the amount of money they need
    in that card. Also, forex trading can be done via
    these cards at present forex foreign exchange
    rates.
  • Local forex operators get ready to pounce and
    corner when they see foreign travelers. Having
    marked you as a susceptible target, they will
    easily coerce and force you to take whatever
    exchange rate they offer. Don't get carried away
    when the local operator offers you low rates. At
    times, these local peddlers trick you into
    rapidly hoarding the exchanged cash inside your
    wallets mentioning security reasons.

2
Online Forex Trading and Foreign Money Exchange
Online
  • Are you travelling abroad and are apprehensive
    about how to convert cash? Are you fatigued of
    paying money for converting currency when you
    cross intercontinental borders? If yes, then hop
    on the exciting world of IndusInd Banks online
    forex trading card and save yourself from
    substantial currency conversion charges even when
    you deal in multiple currencies. Foreign money
    exchange online can be made possible with the
    multi-currency card that can be fully loaded as
    per your requirement. It is not at all
    problematic as you can easily reach up to the
    online forex trading travel card that can be
    accessed without much effort.

Compare exchange rates before you buy Exchange
rates for each currency would differ from
merchant to merchant. Before purchasing, compare
the exchange rates offered by at least 3 brokers.
There are various vendors who let you to compare
forex exchange rate quoted by authorized money
changers in your region. You can also place the
order online and can avail in a day home delivery
from your chosen salesperson. There are numerous
prepaid travel cards that offer multi-currency
usage, ATM withdrawal, POS and online payment,
and also the world currencies reload facility.
So, with the tips cited above, you need not panic
about being ripped off your travel money by
getting caught in Forex ensnares.
3
Foreign Currency Card and Currency Exchange
  • If you are a frequent traveler to other countries
    across the globe, the prepaid foreign currency
    card by IndusInd Bank lets you use your money
    anywhere in the world while avoiding foreign
    exchange fees and credit card interest. It is
    truthfully a card worth keeping in your wallet or
    purse. While the IndusInd Bank currency exchange
    card is easy to use, it is also very easy to
    maintain it. You can check your balance online as
    well as add funds if required. The latest
    chip-and-PIN security features make sure that
    your card is safe, even if it is lost or being
    stolen.

The 30/70 is superlative practice Get an elusive
idea of how much you would necessitate for the
whole trip. Carry 30 of amount in cash currency
which you can use to pay your travel and keep the
remaining 70 in your forex travel card. You
would always get a better rate on the forex
travel card than cash currency and it is safer
too. Now you can also order a prepaid card online
for online forex trading.
You can avail a spare Forex card accompanied by
your original one. Maximum money changers dont
charge anything extra for the spare one. Even if
it costs, it is better to pay the trifling charge
and get the spare one so as to be on the safe
side while you are in some other country.
4
International Money Transfer And Prepaid Cards In
India
  • When on a vacation out of the country, we want
    things to go as smoothly as possible. If you are
    planning to travel abroad and wish things to go
    smoothly, you can opt for prepaid cards in India
    offered by IndusInd Bank. In many cases, prepaid
    cards in India can be safer and more convenient
    to carry than cash. If you are traveling abroad,
    the prepaid travel card offered by IndusInd Bank
    is an amazing substitute for traveler's checks
    while traveling overseas. The website is also
    good for if your child is a student and wants to
    do international money transfer, since it offers
    you the capability to monitor spending and
    transactions.

The prepaid travel currency card functions just
like your normal debit or credit card. You just
have to present them to the places that honor
Visa whenever you make buy something. That is all
the likeness they got, though. These prepaid
cards in India only begin working when you have
loaded the amount you project to expend. This is
impeccable if you want to complete the experience
of relaxing and audacious traveling without
overspending. It is also uplifting to know that
you can shop at many places because Visa is
honored by thousands of stores here and abroad.
When you have gone out of the limit, the prepaid
credit cards stop working unless you refill them.
Another benefit is that while you are in
vulnerability of losing cash when wayfaring, you
are protected with the prepaid travel currency
card.
5
Foreign Currency And Forex Rate In India
  • If you are planning to travel to several
    countries on your international trip, then, in
    all probability, you will end up carrying
    currencies of varied nations in a single bag thus
    always baffling yourself and mixing them over and
    over again. However, a prepaid travel foreign
    currency card by IndusInd Bank is a smart card
    that permits you to store multiple currencies and
    then detects the nation where it is used. You
    need not be anxious of shuffling between diverse
    wallets carrying different currencies. The
    preloaded local currency would automatically
    deduct from your card once you make any
    transaction or for foreign exchange converter.

Use a forex card A forex card is a prepaid card
you use to make payment when traveling abroad.
You can also use it when you are studying abroad
or for immigration, employment, business travel
purposes, etc. Since they are preloaded with
foreign currency, you can access money in local
currency overseas. The best forex card is also
equipped with an in-built insurance mechanism.
This helps travelers to claim a secondary card if
the primary one is lost or stolen at prevailing
Forex rates India.
Do not use your debit or credit card
abroad Using your debit or credit abroad is very
costly. There are 3 charges imposed on you when
you do that. It is sensible to refrain from doing
that unless you like to throw your money away.
6
Best Place to Get Foreign Currency and Forex
Rates India
  • IndusInd Bank multi-currency forex card is a card
    that is specially designed for the frequent
    travelers and you can buy it at prevailing forex
    rates India. This card can be used at over 1.6
    million VISA / VISA Plus ATMs and merchant
    establishments in more than 200 nations
    universally. You can load eight different
    currencies to the card. This card offers the
    benefits of dining privilege and secure
    transactions. Prepaid travel cards are
    comparatively new but they are growing fast in
    popularity. This is because of their convenience
    and low costs. When you think of the best place
    to get foreign currency, IndusInd Bank travel
    card comes first to the mind.

Carry Multiple Currencies With You   If you are
planning to travel to several countries on your
global trip, then most probably you will wind up
carrying currencies of diverse nations in a
single bag thus always perplexing yourself and
mixing them repeatedly. However, a prepaid travel
card is a smart card that permits you to store
numerous currencies and then detects the nation
where it is used. You need to panic about
shuffling between diverse wallets carrying varied
currencies and also you have to be terrified of
the safety of your cash. The preloaded local
currency will automatically get deducted from
your card.
7
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