Of the wide range of forex products available in the market for those travelling overseas, it is the prepaid forex card / international travel card that has emerged as the most popular choice of customers. It is no surprise, considering it is relatively inexpensive, convenient to use and is a good way to hedge against currency fluctuation.
If you prefer to carry foreign currency notes for your overseas trip, think again... Here's why you should switch to a prepaid forex card/ international travel card from now on, whenever you travel abroad:-

• RBI guidelines - According to RBI guidelines you can only carry upto the stipulated amount of forex as cash/foreign currency notes. Eg. - For travel to most countries abroad (barring some exceptions) the maximum amount you can carry as cash/ currency notes is USD 3000. If you need to carry additional forex you can purchase it in the form of a prepaid forex card or traveler's cheque.


• Safe and secure - From a security stand point, a prepaid forex card reduces the risk of loss or theft of cash.
  Widely accepted worldwide - A prepaid travel card is widely accepted at over 30 million shopping outlets and by over 1,00,000 e-commerce sites across all globe. You can use them for shopping, at restaurants and even to pay your taxi fare.


• Convenient to use - A prepaid forex card/ international travel card works pretty much like an ATM card that you can use to withdraw money as well as to make payments abroad.


• Multiple currencies in a single card - There are multi-currency prepaid forex card that can be loaded with upto 10 different currencies. So if you plan to cover multiple countries in a single trip, you can conveniently load the currencies of the countries you are travelling to on a single card.


• Hedges against foreign exchange fluctuation - Since the currency conversion happens at the forex rate applicable on the day you load or top-up your card and NOT when you make a payment, you hedge against any devaluation of a currency.


• Complementary travel insurance - Many issuers offer a comprehensive travel insurance cover absolutely free of cost with the international travel card. So why pay extra for it when you can buy a prepaid card and get it complimentary?


• Valid for 3-5 years - Once you buy a prepaid forex card, you can use it for multiple trips abroad since it is valid for 3-5 years, depending on the issuing bank.

As part of BookMyForex's special €Summer Offer€, if you buy both currency notes and a prepaid forex card in a single order, you can get 1% discount on the currency rate (displayed on site), provided the order for currency notes constitutes only upto 20% of the total order. (Eg.- If your total forex order is for USD 2,000, then USD 1,600 should be in the form of a prepaid travel card and USD 400 as currency notes).
Switch now and save big! Login @ BookMyForex.com or call @ 08882481234.