Going abroad and forgot to change currency? Now the tension is over, this Forex Card will reach your home in just 24 hours.
News India Live, Digital Desk: Winter holidays are starting and New Year is also near. In such a situation, many of us might be planning to go abroad. In the joy of going to Thailand, Dubai or Europe, we book clothes, shoes and hotels weeks in advance, but there is one thing that we often leave for the last and that is the arrangement of foreign currency (Forex/Currency). What often happens is that just a day before the flight, we remember that “Hey, we did not even exchange the money!” Then we go to the airport out of compulsion and get cheated by the expensive exchange rates there. But friends, now technology and banking system has become so smart that this tension of yours is also going to end. Now such facilities have come in the market where you can get the delivery of Forex Card at your home within just 24 to 48 hours. What is this Forex Card? (Cash vs Card) For those who do not know, let me tell you that Forex card is exactly like your debit card, only instead of rupees, it contains foreign currency (like dollars, euros, pounds). This is very beneficial compared to carrying cash: No fear of theft: If cash is stolen, everything is lost, but if the card is lost, then you can save money by blocking it immediately. It is cheaper: On Forex card, you get rates which are much cheaper than normal cash exchange. This is called ‘Zero Markup’ or ‘Inter-bank rate’. Run anywhere: You can use it to shop abroad, pay bills at restaurants or withdraw local currency from an ATM. How to avail the 24-hour service? Nowadays, many digital platforms (like BookMyForex, Niyo, or major banks) have started ‘Express Delivery’. All you have to do is visit their website or app. Upload your Aadhaar/PAN and ticket details. (KYC) has to be done. Money has to be transferred. And that’s it! The card will be at your doorstep the very next day. It has become as easy as ordering a pizza. My advice to travelers is to avoid using Indian credit or debit cards abroad as banks charge you very high conversion fees. It is wise to spend 70% of your expenses through Forex card and keep only 30% in cash for emergencies. So if your flight is still after 2 days, there is no need to panic. Pick up your phone and order a Forex card, you’ll have a happy (and cheap) trip!
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