Interbank rate Forex Card- Zero Markup fee Multi currency Card

What is Forex Card?

A prepaid forex card allows you to load international currency at Interbank rate. It is widely recognized, and you can use your travel currency card to make purchases or withdraw foreign currency at an ATM abroad.

What are the types of Forex Cards available?

Forex Cards can be broadly divided into two types as follows:

Single Currency Card

In this card you can load one currency. If you are travelling to one country, you can buy this card and it can be used across the globe without any cross currency charges.

Multi Currency Card

As the name suggests you can load multiple currency in this card. Multi currency Travel Card work like a debit card with zero markup fee and they are globally accepted. There is no swiping charges, you can reload the forex card at Interbank rate with more than 9 currencies. A multi-currency travel card is necessary if you intend to travel abroad and visit multiple nations that use different currencies.

How do Forex Cards work?

Orient Forex Card operates like credit or debit cards, with minor differences. To get a forex card, you must make an application cum declaration along with your passport, tickets, visa and PAN card. Once the application is accepted, you can avail of the forex card. To load the forex card with the necessary funds and currencies, you can use our website's reload section and pay the required amount in Indian rupees. You can now visit any nation with the supported currency without any cash in hand.

Swipe your foreign currency card at the POS terminal when purchasing something while travelling, you will receive an SMS and email notification of your purchase and the amount, just as with any debit or credit card transaction.

Forex Card vs Debit or Credit Cards

Forex Cards may sound like an alternative to a Debit or Credit card while travelling to a foreign country. But there are some major differences that you need to be aware of.

You may use any card to purchase or withdraw money from an ATM while travelling abroad. In addition, you may utilize funds from your bank account anywhere on the globe, using your debit or credit cards. These cards often have a certain limit and are connected to your savings account.

However, using debit and credit cards to get foreign currency from ATM's in overseas is highly expensive. In addition, you are responsible for the attached interest, foreign currency transaction, and withdrawal fees.

Forex Card on the other hand are preloaded with Foreign Currency at Interbank rate and there is ZERO markup fee on the foreign transaction. As the card is not associated with any bank account you will not be charged any amount from the bank end. However when you withdraw amount from ATM there will be a minimal withdrawal charges applicable

Best Forex Card for Students

Orient Exchange provides the best Forex Card at Interbank rate which are loaded with multiple security features and other smart features. This multi currency cards allows you to load single or more than one currency on the same card with zero issuance charges. These cards are globally accepted and available in 14 major currencies, you can swipe this forex card at shopping centre or any other outlet with zero swiping charges. Orient Exchange’s Multicurrency travel card is the Best Forex Card for students studying overseas, compare the rate online before buying Forex Cards, along with the charges and the benefits.

Buy Multicurrency Forex Card

At Orient Exchange we deeply focus on the customers financial safety while travelling overseas. We provide the most secure and easy way to carry foreign currency on a Forex Card with chip and pin technology which protects your card from potential frauds.

We bring forth different features of multi currency forex card like Thomas cook single currency card, Visa card you can load 9 major currencies and Master card can be loaded with 10 major currencies with 5 years of validity period. Along with Thomas cook we provide Indusind and Yes Bank Visa Card which can be loaded with 14 major currencies with 3 years of validity period, Get Forex Card online at Zero Exchange margin.

Eligibility criteria for getting travel card or forex card:

• An Indian resident
• Must be over 12 years age
• Possesses valid documents like, Passport and PAN.

To get a forex card, you would be required to submit the documents depending on the purpose of the travel.

In a nutshell

If you're a frequent traveler, you'll find that using your Orient Exchange forex card is a convenient way to avoid carrying a lot of cash. It is something to consider if you spend a lot of time outside the country. Students travelling to abroad can easily buy forex cards at Interbank rates. Moreover, you will enjoy convenient online purchases and a wide variety of foreign currencies at our website. In addition, you may also order them through our website and specify your desired currency to us as per your requirement. Among all the Forex Card available in the market Orient Exchange provides the best rate with Zero issuance charges and Zero Markup fee.

Plus, there are other various benefits over the other forms of payment like cash and are also far more convenient to carry than travellers' cheques. In the current scenario, forex cards are becoming highly popular and are extremely useful when travelling abroad.