|
As RBI Guidelines only
permit you to carry cash currency upto USD 3000 (May 04 Notification) or equivalent, the remaining you
can carry in your Forex Card, This is virtual money which can be used at any
visa\mastercard enabled swipe machines or ATM's
.
TRAVEL CARD are The best way for a secure and easy way to
carry cash abroad, apart from the liquid cash. Travel Card allows you to
access money anytime anywhere from any merchant establishment with a card-swipe
terminal or any VISA\MASTER CARD ATM world wide. The Card comes with a free
replacement Card, Insurance and emergency assistance services. Travel card are
the latest and better compared to Travellers cheques as you can approach any ATM
at any time and use it to get the Liquid cash of the country of your travel,
which is not possible with the travellers cheques.
Armed with these you would be able to withdraw cash
if needed in the currency of that country, check your balance or even go
shopping across the globe and not worry about the cross currency charges that
you would have otherwise incurred on an international credit
card In case of an international credit card, you are billed at
the rate of exchange prevailing on the date when you made the purchase on your
card. However, in the case of a prepaid card, you would be spending at the rate
as on the date you loaded your card, which would be much earlier than your
journey date.
Suitable to leisure as well as business travellers alike
these cards are easy to obtain and reload too. All you need to do is walk into
one of the nearest kapnox forex office, fill in the application form , submit
form documentation as mandated under FEMA, with a photocopy of your passport and
submit the required funds. the card is activated for use within 6 working
hours once the funds are cleared.
Additionally these cards also offer free personal accident
insurance cover, loss of baggage and passport reconstruction insurance cover, a
replacement card for use in case of emergencies
|