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Benefits of IndusInd Multi-currency Forex Card, and how to apply for it online
Posted: Jul 17, 2021
A multi-currency forex card obtained from IndusInd Bank’s InduForex is one of the best-prepaid travel cards in India. It is ideal for frequent travelers who constantly worry about foreign currency exchange rates and cross-currency charges. It is widely accepted and protects travelers from fluctuating foreign exchange rates.
So, if you frequently travel abroad, you may want to get an IndusMulti-currency Forex Card and travel the world without the hassle of running to money changers after arriving in your country of destination. It offers a safe, easy, and cashless way of carrying foreign currency on your travels abroad.
The best part about an IndusInd multi-currency card is that it is safer than liquid cash and easier to use than traveler’s cheques. It comes with a host of features and benefits that you can avail of on your overseas trips.
Benefits of getting an IndusInd Multi-currency Forex Card
Load it with multiple foreign currencies
If you are traveling to multiple countries, the IndusInd multi-currency card is made only for you. You can load up to 14 foreign currencies at once without worrying about cross-currency charges. It eliminates the hassle of buying additional cards each time you visit a new country. The foreign currencies permissible to load onto your forex card are:
- United States Dollar (USD)
- Euro (EUR)
- Great Britain Pound (GBP)
- Australian Dollar (AUD)
- Canadian Dollar (CAD)
- Arab Emirates Dirham (AED)
- Swiss Franc (CHF)
- Hong Kong Dollar (HKD)
- Japanese Yen (JPY)
- New Zealand Dollar (NZD)
- Saudi Riyal (SAR)
- Singapore Dollar (SGD)
- South African Rand (ZAR)
- Thai Bhat (THB)
Unmatched foreign exchange rates
Much of IndusInd Multi-currency forex card’s popularity stems from the fact that you can avail yourself of unbeatable foreign exchange rates while loading your forex card. Once you load your preference foreign currencies onto your forex card, you will remain protected against foreign currency rate fluctuations.
Avoid running to money changers
With a preloaded multi-currency card, you can avoid the hassle of running to the money changer to exchange currency. Besides that, loading currency in a forex card is both inexpensive and convenient. You can exchange foreign currency from the comfort of your home via www.indusforex.indusind.com.
Make all kinds of transactions
You can use your multi-currency forex card at merchant outlets or e-commerce websites to make purchase transactions at zero extra charges. You can also withdraw cash from any visa-enabled ATM without incurring currency conversion charges. However, you will have to pay a flat withdrawal fee on each transaction.
Easy replacement facility
In the event of theft or less, you can immediately block your IndusInd Multi-currency Forex Card and freeze your balance amount by contacting the customer care number. The bank will replace your forex card and transfer the balance amount to your new forex card.
Ensures safe and secure transactions
Your multi-currency forex card comes with embedded chip technology which is more secure than magnetic strip technology. It stores your sensitive information in an encrypted format, eliminating any chances of security lapse.
How to apply for an IndusInd Multi-currency Forex Card online?
Follow the underlying steps to buy a multi-currency card online:
- Visit www.indusforex.indusind.com and choose Buy Forex.
- Click on the Buy Forex Card option, and choose your preferred foreign currency.
- Enter your preferred amount and let the website fetch the best foreign exchange rates for you.
- Register yourself with your Aadhaar or mobile number.
- Fill in your details and submit the documents required.
- Allow IndusForex to run KYC checks.
- Select your mode of delivery. You can receive your forex card at one of IndusInd Bank’s branches or get it delivered to your home address in India.
- Book your rate by paying 5% as a token amount. It is crucial to pay the remaining amount within 24 hours of your order.
- Your order will complete within 24 to 48 hours.
Your multi-currency forex card comes with embedded chip technology which is more secure than magnetic strip technology. It stores your sensitive information in an encrypted format, eliminating any chances of security lapse.