Travelling abroad for a vacation, a business trip, or further education requires a specific amount of fund management, considerations, and alternatives to get the best solutions for carrying out transactions. The risk of carrying large amounts of cash can also become problematic, especially when safety is a liability. This is where forex cards become handy. In this blog, we’ll tell you what you need to know on how to simplify the process so you can get your very own Forex card to cover all your expenses abroad.
What is a Forex Card?
A Forex card is a prepaid travel card that allows you to load multiple currencies and use them at ATMs, shops, and online platforms worldwide. It offers competitive exchange rates, minimal transaction fees, and a secure way to manage foreign currency expenses.
How to Get a Forex Card in 2024?
With many financial service providers ready to cater to your needs, it’s comparatively easy to obtain a Forex card nowadays, and the process doesn’t take too long, either. If you are a resident of India and are planning to go on an overseas trip, you can take a few simple steps to get your Forex card. Here’s a step-by-step process on how to apply for your Forex card.
Make sure you have these documents ready before beginning the application process:
- Proof of Identity: This could be a passport, driver’s license, or any other government-issued ID.
- Proof of Address: Bank statements or any other documents that verify your current address.
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Application Process
Applying for a Forex card can be done online or at any Forex branch.
- Online Application:
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- Visit a reliable Forex service provider’s website and navigate to the Forex card section. Most websites integrate these features into their platforms, so it’s pretty easy, even for first-timers.
- Fill in the required details, including personal information and travel plans, and click on apply.
- Upload scanned copies of your documents.
- Review the information and submit your application.
- In-Branch Application:
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- If you have a reliable and reputable Forex branch in mind, then you can visit their branch.
- Fill out the application form provided by the branch representative.
- Submit the form along with the necessary documents.
2. Verification and Card Issuance
Once your application is submitted, they will verify your details. This process usually takes 24-48 hours. Upon successful verification, your Forex card will be issued. The card will be delivered to your registered address if you’ve applied online. If you’ve applied in-branch, you can collect the card directly.
3. Activating and Loading Your Card
After receiving your Forex card, you’ll need to activate it. This can be done online or over the phone. Once you’ve activated your card, it can be loaded with the desired foreign currency.
Why Choose The Unipay Forex Card?
Unipay Forex, in partnership with Thomas Cook, has introduced the Unipay Forex Card, a unique card that merges Thomas Cook’s rich expertise with the efficiency of Unipay Forex. As with all other Forex cards, Unipay’s Forex card is a prepaid travel card that can be loaded with a single or multiple currencies. Recognised as the best Forex card in India, the Unipay Forex Card offers comfort, protection, and financial savings for international travellers. Here’s an overview of its key features.
1. Smart Features
- Avoid currency fluctuations: Pre-load funds to manage expenses efficiently.
- Automatic currency detection: Detect transaction location for seamless payments.
- Reloadable: Allows frequent loading for easy carrying of substantial amounts.
2. Secure Protection
- Chip & PIN Protection: Safeguards funds from unauthorised access.
- Not Linked to Bank Account: Minimizes financial risks.
- Instant Alerts: Provides SMS and email alerts for transactions.
- Customisable Transaction Limits: Allows complete control over spending and card security.
3. Convenient Accessibility
- Easy Purchase and Reload: Focus on journey planning without hassle.
- Surcharge-Free ATM Access: Access funds at AllPoint ATMs without additional costs.
- Flexible Unspent Funds: You can use unspent funds for future trips, withdraw them at ATMs abroad, or cash them out at your convenience.
- Emergency Cash Feature: Access funds up to card balance, subject to availability.
Benefits of Unipay Forex Card
Carrying a Forex card comes with a lot of benefits. Providing the best services that cater to the individual’s specific needs drives Unipay Forex’s eagerness to solve your financial problems. Here are but a few advantages you can get from using Unipay’s Forex Cards:
- Locked-in Exchange Rates: The locked exchange rate is designed to further protect you from currency fluctuations when you reload your card.
- Low Transaction Fees: Unipay Forex cards offer lower international transaction fees than those associated with traditional debit or credit cards.
- Security: In case you lose your card, block it immediately and get a replacement card while maintaining your balance intact.
- Multiple Currencies: You can load multiple currencies on your card, which will be very beneficial for students and individuals who travel to different countries.
Conclusion
Getting a Forex card in 2024 is an easy and hassle-free procedure, especially if you’re considering getting one from Unipay Forex. Supported by secure and low-cost foreign currency management, it makes overseas travel hassle-free and enjoyable. Don’t get any more headaches thinking about managing or getting foreign currency. Discover the world of effortless currency exchanges with Unipay Forex. Our experts are ready to help you.
