A forex card offers a quick and easy way to transact in foreign currency while you’re on holiday or on a work trip overseas. With this card, you can:
- Make hotel bookings
- Pay for your dinner bill
- Purchase groceries
- Make online and offline purchases
Wondering what happens to the balance left on your card when you’re back? Luckily, you don’t need to worry about getting this balance to go to waste. You have the facility of transferring them to your bank account in a few simple steps.
Easy Ways to Transfer Funds from a Forex Card
If you’re planning to move money to your bank account from this card, here are some ways to go about it.
Mobile App
One of the easiest ways to do it is via the mobile app of the forex card issuer. Here are the steps:
- Install the app on your mobile
- Navigate to the section that allows you to transfer
- Provide the details of your card and the bank account
Online Banking
Another way is transferring the funds directly via the issuer’s net banking platform. Here’s how:
- Log in to your account
- Go to the ‘Transfer’ section
- Enter your bank account details
Branch Visit
Another way is visiting and transferring the funds offline. Here’s how you can do it:
- Visit the nearest physical branch of your card issuer
- Reach out to a representative at the branch and request a transfer
- Follow the steps as guided by the representative
Customer Care Portal
You can also connect with the issuer’s customer service team to make the transfer. You may need to provide these details:
- Details of your card
- Your bank account information
- Additional information for verification, if required
Transferring Funds from a Forex Card to a Bank Account
Here is the procedure you need to follow:
- Step 1: Verify the balance available on your card either through the online app or by contacting the customer care unit of the issuer.
- Step 2: check the current exchange rate and transfer fee that the issuer charges.
- Step 3: Choose your preferred mode of transfer, such as mobile app or online banking
- Step 4: Input the necessary details of your card, including the card number, expiry date, and CVV code.
- Step 5: Provide your bank account details, including the account number, your name, and IFSC code.
- Step 6: Confirm the transfer by entering the OTP that you’ll get on your registered mobile number or email address.
Getting a prepaid forex card can sometimes seem like a hassle, and you can use a credit card for international transactions instead. Consider the One Credit Card if you’re looking for a credit card with a low forex fee. With it, you can get exclusive discounts and deals on shopping, 5X reward points on your top two monthly spending categories and more.
You can also enjoy easy conversion of your purchases into affordable EMIs. Also, this premium metal card comes with zero joining or annual renewal fees. Its powerful credit card app also allows you to manage your card easily and set limits for domestic and international transactions. Apply online to get the card and spend confidently no matter where you travel.
