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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 excitement 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 Forex/Currency Arrangement of.
What often happens is that just a day before the flight, we remember that “Hey, we didn’t even exchange the money!” Then we are forced to go to the airport 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 Forex Card delivery in just 24 to 48 hours Can be found sitting at home within.
What is this Forex Card after all? (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 dollar, euro, pound).
This is very beneficial compared to carrying cash:
- No fear of theft: If cash is stolen then everything is lost, but if the card is lost then you can save money by getting it blocked immediately.
- Is cheaper: On Forex cards you get rates that are much cheaper than normal cash exchanges. This is called ‘Zero Markup’ or ‘Inter-bank rate’.
- Play anywhere: With this you can shop abroad, pay bills in restaurants or withdraw currency from ATMs there.
How to take advantage of 24-hour service?
Nowadays many digital platforms (like BookMyForex, Niyo, or major banks) have introduced ‘Express Delivery’.
- All you have to do is visit their website or app.
- You have to upload your Aadhaar/PAN and ticket details (KYC).
- Have to transfer Rs.
- And that’s it! The card will be at your doorstep the very next day. It’s as easy as ordering a pizza.
My advice for travelers
Friends, avoid making the mistake of using Indian credit or debit cards abroad, because banks charge you very high conversion fees on them. 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!
North India Statesman