A forex card is a safe option to carry while travelling abroad. It also protects against exchange rate fluctuations during the travel period. It is very easy to obtain a forex card and it can be bought from any authorized dealer or bank.

1. HOW TO GET A
FOREX CARD
A forex card is a safe option to carry while travelling abroad. It also protects
against exchange rate fluctuations during the travel period. It is very easy to
obtain a forex card and it can be bought from any authorized dealer or bank.
FORM
INFORMATION
FEES
RELOADING THE CARD
FOR REFERENCE:
WWW.ENTREPRISESCANADA.CA
FOR REFERENCE:
WWW.ENTREPRISESCANADA.CA
FOR REFERENCE: WWW.CURRENCYKART.COM
A designated form must be filled by the traveler. This can be downloaded
from the bank/dealer website or from the nearest branch. Some banks also
offer for online application for Forex cards.
TYPE OF CARDS
A multi-currency card allows more than one currency to be loaded. A
student card bundles insurance and discounts on educational material.
Choose a card according to your needs.
Personal details of the traveler, dates of travel,
passport number, PAN, types of foreign currency
to be loaded on the card should be filled in. The
amount of forex to be loaded should be mentioned
in the form.
A card issuance fee may be charged by the bank at the rates
prescribed from time to time.
DOCUMENTS
The application needs to be supported by a copy of one’s passport. A copy
of the air ticket may be required. A cheque or debit instruction for the
amount to be loaded with the fees needs to be submitted. It takes about 4 -5
days to process and receive personalized forex cards.
The card can be reloaded with additional Forex by filling up a reload form
and submitting a cheque or a debit instruction for the required amount.
POINTS TO NOTE
1. An existing bank account is not required with the bank to obtain a Forex card.
2. Banks provide online access to view statements and reload the forex card online.