powered ATMs and shop at over 34 million merchant outlets across the globe without any transaction fee. Cardholders also have a choice to choose a personalised image available in the banks image gallery to be imprinted on the card. The wire transfer usually reaches the beneficiary bank account within 1 or 2 working days. This product can be used to send money overseas for specific purposes, namely Employment overseas Family maintenance Education or tuition fees Payment for medical treatment Remittance requests placed before 4pm IST (on a working day) on the Axis Forex Online website are processed on the. However, the maximum transfer amount you can remit through this product is US25,000 or its equivalent, in a single transaction. The card can be used at over 30 million visa merchant outlets, more than 1,000 e-commerce websites, and about 10 lakh ATMs across the globe. Under these regulations, the maximum amount of overseas remittances you are permitted to carry out every Indian financial year (April to March) is US250,000. What is the card activation time? Foreign currency travellers cheques.
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Cardholders can earn 2 reward points for every 5 or equivalent spent on the card at any merchant outlets located worldwide. Forex Card is a prepaid card that can be loaded with foreign currency for use in other countries and hence acts as a replacement to cash and travellers cheque when travelling abroad. Earn five award miles for every 5 spent on the card. Call the respective customer care helpline which is available round the clock and raise a request for new PIN generation. The helplines are available 24x7, round the clock.
You need to make the payment using either National Electronic Funds Transfer (neft) or Real Time Gross Settlement (rtgs) through your bank account. After the money is collected, its converted to the currency that you would have selected in your remittance request and transferred to your overseas beneficiary. Screenshot of currency converter at Axis Forex Online. The same card cannot be used to load another currency. The travel forex card is available in 11 currencies including US dollars, pounds, euros, Australian dollars, Canadian dollars, Singapore dollars, Swiss franc, Swedish Krona, Yen, UAE dirham and Saudi Riyal. Ensure you transfer the funds to cover the remittance request from your bank account so that it reaches Axis Bank by 4:00pm on the same day.
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