Friday, 2 April 2021

Benefits of transferring money online

The advent of the internet has made life more manageable for people. The internet provides access to knowledge, entertainment, and many more. It has revolutionized the way we do business and manage our banking.

Today, we can send money online to our loved ones, help them meet their financial needs from the comfort of our home. It is easy, safe, and convenient, provided you know how to send money online, using the internet.



Here are some of the common advantages of sending money online 

     Safe, secure, and quick

Sending money to friends and family has become simple, convenient, and also safe. When you know how to send money online, you don’t have to worry about your hard-earned money being stolen. The service provider informs and refunds your money in case there was a problem with transferring your money.

So, sending money to your relative using the internet is safe, and the best part is that it gives quick results. Most online transfers complete within a day or two, in case of international transfer. However, if you are sending money domestically the recipient can receive the funds almost instantly.

      Lower service charges

The online money transfer’s popularity stems from the fact that there are reduced service charges vis-a-vis traditional methods of sending money. When you make bank-to-bank transfers or through agencies like Western Union, Money Gram, and Ria, you are charged slightly more than what you have to pay to send money online. 

When you avail of agency services to transfer money, you have to incur a fee based on the total percentage of the amount, whereas to send money online, you will have to incur a nominal sum of the total amount you wish to transfer.

      Minimum paperwork

 Another advantage to send money online is that there is minimal paperwork required to process transactions. It is also a measure taken by countries to combat climate change. If you know how to send money online, you are also aware that there is no need to sign any physical documents and nor do you receive physical receipts.

All the transactions are recorded in an archive that contains details like the history of transfers, receipts, and other proofs of online transfer and all validations are done online. It is a great way to avoid paper wastage.

     24/7 availability

There is no need to wait for the bank to open and then stand in long queues as online transfers are available 24/7. You can send money online at all times from anywhere. All you need is a smartphone and the required funds in your bank account, and the recipient can receive the funds quickly.

In short

If your concerns are safety, cost, and time while sending money to your loved ones, sending money online is the best option to avail.

Thursday, 11 March 2021

Benefits of having IndusInd multi-currency Forex Card for India Nationals.

IndusInd Multi-currency Forex card is your best friend on your travel abroad. It is the most reliable way to carry foreign currency and pay for your expenses such as hotel bills, shopping, or buying tickets online on your overseas trip. 

Think of it as your credit card in which you load foreign currencies at fixed rates and then use it on your travel to foreign countries. 

IndusInd Multi-currency Forex card offers the safest way to carry foreign currency. It has a 24x7 convenient method of reloading your card with an unbeatable exchange rate via IndusForex, an online forex portal. It safeguards you from unpredictable currency exchange rate fluctuation as the value of the currency is determined only at the time when you load currency.  

The IndusInd multi-currency forex card can be loaded in 14 different currencies, and you can use it anywhere across the world. It also allows you to shuffle currencies as you transact in different currencies. 

The available currencies are: 

  1. United States Dollar
  2. Euro
  3. Australian Dollar
  4. Great Britain Pound
  5. Singapore Dollar
  6. Saudi Riyal
  7. Canadian Dollar
  8. UAE Dirham
  9. Hong Kong Dollar
  10. Swiss Franc
  11. Japanese Yen
  12. New Zealand Dollar
  13. South African Rand
  14. Thai Baht


 Advantages of having IndusInd multi-currency Forex Card

      Convenient mode of carrying foreign currency

IndusInd Multi-currency Forex Card can be loaded with 14 different currencies. It comes with an embedded PIN & chip technology that ensures high security. You can easily perform online transactions and protect yourself against currency exchange rate fluctuation. 

It offers hassle-free replacement services in times of loss or theft. No need to worry if you lose the card on the go, you can immediately inform the bank and another card will be delivered to a location of your choice domestically in India. 

You can also withdraw cash from any visa-enabled ATM, the withdrawal procedure is similar to that of your prepaid card. 

You can also easily encash the remaining balance upon your return to India. 

     Easy purchase and loading services 

To procure IndusInd Multi-currency Forex Card, visit IndusForex.com, fill in your personal and travel details, and get your card delivered to you after KYC checks & complete payment of your order. It has the option to load and reload your card multiple times from the comfort of your home. 

     High-security benefits 

IndusInd Multi-currency ForexCard comes with high-security technology and has features that enable you to track your spendings and check your balance through SMS alerts. You can also safely withdraw from any visa-enable ATM using your 4-digit PIN number.

Thursday, 18 February 2021

How to easily and swiftly send money abroad online?

With evolving technologies, everything is just a tick away right from watching movies, paying your bills to shopping online. To maximum folks, ease of usage and convenience has been stretched to online banking and how to send money online. There might be a myriad of reasons for learning about how to send money online particularly if you are living overseas, assisting andeportee friend or pay for online shopping, there are several ways of doing it. You already know that paying by a credit card is the easiest way to shop online rather than sending a check or cash. The effortlessness of usage of credit cards including the currency conversion facilities far surpasses the other benefits. Maximum credit cards are accepted universally, so paying for online shopping is stress-free. The worth of the credit card or other means of payment is not only transmitting money online but it is also about the rapidity and ease of usage. And you will value the same expediencies when you need to see how to send money online.





Old-style ways of international money transfer are costly and just in case you plan on sending money overseas to your family or friends, they will have to find a place from where they can pick up the cash every time you send it in. Not only is it troublesome, it is a difficulty particularly if they live in a developing nation with diverse laws and regulations. However, with online e-checks, credit cards, direct deposits, bank wires and debit cards, there is no annoyance any longer when you are eyeing for international money transfer online. Plus your friends or family don't even have to visit a bank or any other location to gather the payment. Contemporary technology of internet has given you the access to send or receive money smoothly, sitting right at home.


However, there are additional ways than one when it comes to eyeing for the safest and the easier approaches on how to send money online. With the usage of debit cards and credit cards, sending payment online is even quicker and easier. There are credit cards that might be sent to your home, with a password and you can transfer money online. If there is an additional requirement, you can log on to the website, transfer funds from your account onto the card and then again send money online to the receiver.

Sunday, 17 January 2021

How to manage your abroad trip expenses well with Forex card?

If you are holidaying overseas this New Year, you would perhaps have firmed up your ideas. Airline and hotel bookings would have been done after a thorough exploration of the Internet. However, you should also ponder how to carry your money during the overseas holiday journey. Before traveling to a foreign nation, it is vital that an individual is fortified with the native currency of the destination to guarantee a hassle-free business trip or holiday. In such a scenario, it is suggested to opt for the best Forex card. The best Forex card is an easy, light, and low-cost way to carry money overseas. A Forex card works like an ATM card, except that you will be expending your money in the foreign currency rather than the domestic one. For instance, if you are traveling to the US and you get the best Forex card, the amount will be displayed in terms of dollars. The advantage is that this is it is categorically simple to use (just like an ATM card) and one of the finest ways to carry money overseas. Also, you will get moderately a decent exchange rate, as your transactions will not be reliant on any vacillations. Usage of multicurrency online Forex cards have some commercial advantages also when equated to usage against a credit or debit card used abroad such as:



  •   While using debit/credit cards at merchant outlet/ATMs, you will be levied cross-currency transaction charges also.
  • You are exposed to exchange rate vacillation as the prevalent exchange rate is valid at the time of the transaction, while in a Forex prepaid card, you can lock the exchange at the time of buying.
  • ATM transaction costs are more as equated with minimum transaction charges on Forex prepaid cards. Likewise, there are zero transaction charges for transactions initiated at the merchant outlet and also for online dealings on the Forex prepaid card.

Anybody who plans to travel overseas must settle on a Forex card in India. It is the sublime source of retrieving money in the local currency for regular overheads. One never knows what type of situation may ascend when in a foreign land, so it is better to carry more than one choice. A debit/credit card or some cash might come in handy for such predicaments. Carry only a trivial portion, 20 percent or less of your whole money in cash, and carry a maximum of your money in Forex cards.

Thursday, 19 November 2020

Learn Comprehensively About Forex Cards And Their Uses

Planning for a trip overseas? Don’t overlook to learn how to use forex card and carry this card for a hassle-free journey. So, what is forex card? A forex card is the safest way of carrying foreign currency for paying for expenditures when you are moving overseas. It is a prepaid card which you can load with a quantified sum in a foreign currency. So, when you are traveling abroad, you can swipe this forex card to pay for your expenditures, rather than carrying cash around. It functions as a debit card too. You can also take out cash with your forex card from ATM.

What is a forex card and its varieties?

A forex card is a kind of prepaid card in which you can load money in foreign currency. It is internationally accepted and you can either pay for your expenditures using your forex card or take out cash in foreign currency at an ATM. Forex cards are principally separated into two sorts:

·       Single currency forex card: A single currency forex card can be laden with a specific foreign currency. You can use load this card with a currency when roving to a specific nation.

·       Multi-currency forex card: As the name advocates, you can preload this card with numerous currencies. Check with your bank regarding the currencies that you can load on your multi-currency forex card.

What is the use of forex card?

·       A forex card is your amigo when you are traveling in a foreign nation. There are numerous advantages of carrying a forex card over roving with portions of cash or eyeing for places to convert currencies.

·       With a forex card, you are likely to get an improved conversion rate. Purchasing a forex card from a bank is an economical solution to currency conversion.

·       Maximum banks offer an array of forex cards that can suit your requirements. You need not essentially have a prevailing account with the bank to be able to buy a forex card or even learn how to transfer money from India to Saudi Arabia.

·       You can avail of several deals, offers and concessions that maximum banks offer when you buy a forex card.

·       A forex card is much safer than carrying cash. It has chip and pin technology, which adds another coating of safety. Further, if you misplace your forex card, you can get your card blocked instantaneously to sidestep any misuse of the card.

Monday, 16 November 2020

Why is it recommended to buy a forex card for travel purposes?

Forex currency card models are pre-loaded cards where you can preload a foreign currency. After that, it works like a debit card. You swipe and make your payment while traveling overseas or at airports and take a receipt. And, the money from the card gets subtracted as and when you spend. The maximum of the banks offers forex currency card options. Previously, forex cards were typically single currency cards. In other words, you could just load your card with a solo foreign currency. Nowadays, maximum banks issue multi-currency cards. You could load several currencies on your card. Just tell your bank how much money in particular currencies you wish to be loaded on your card and it is done. This is predominantly advantageous when you are traveling to several nations. Here is where forex cards benefit the maximum. There are no forex conversion charges you need to pay. This is because your currency is already converted before you leave India and laden on your card. So each time you spend overseas, you are spending foreign currency, not Indian rupees altered to foreign currency.


What if you lose your forex card overseas?

Firstly, you need to notify the issuing bank instantaneously via phone or email and make sure that your card is blocked. File police first information report (FIR) at the nearby police station overseas, scan and email the ID proof to your bank back in India. Then, the bank transfers the balance of your lost card from the duplicate card. Some banks prefer to courier you the novel forex card if your main card gets misplaced or pinched. It starts the new card once the receipt is confirmed by the handler. Some banks also give you a duplicate forex card that you can start if your primary card gets misplaced or stolen. But, make sure that you carry your bank’s call center number while traveling overseas so that getting in touch is speedy and easy. So, the balance in your primary card gets moved to a duplicate forex card after a call.

On your worldwide holiday, we highly suggest you to buy forex card India and carry a multicurrency or single currency forex card, as per your travel schedule. Also, carry a lesser quantity of cash currency to use it for exigency purposes. Carry your intercontinental debit/credit card to swipe in case of emergencies.


Wednesday, 11 November 2020

How Can A Forex Card Help You On Your International Travel?

A multi-currency forex card India is a card which you can use anywhere you want, the usage of a multi-currency card is to purchase a product anytime and everywhere. It works like a debit card or a credit card. You can use this forex card India for shopping, travelling, business-related work, etc. Carrying cash is dangerous as you may lose it anywhere and it may result in a problem. The multi-currency forex card India permits contactless payments. Forex card can be used overseas and in India also, for safety purposes, you have to insert one chip into the Forex card. This chip can detect your card when it gets lost. Bank charges for this safety service and cost for foreign money exchange online. These days, a lot of people use this card.

You get alerts on your mobile for every transaction you initiate so it is easy for you to track your travel expenditures too. It also supports you to stay within your financial plan. Carrying cash would mean you might lose track, but with a multi-currency forex card, you are under control. Such cards also offer insurance cover for your tourism, so find out from your bank for more facts on the same. In the case of credit or debit cards, you are normally charged additionally for any type of cross-foreign currency transactions. Here you don’t have to panic about that. Also, there are no further transaction fees at any e-com or outlet dealings while swiping it. You can easily block the card if you lose it. You just have to call up the customer care number. All banks offer a 24-hour customer care line. Once you return to your nation, in this case, India, you can enchase the money that is residual on the card.

At one time, Traveller’s cheques were the most prevalent way to carry your money when traveling overseas. Since the advent of forex card and the increasing popularity of debit & credit cards, travellers’ cheques are no longer the desirable option. You have alternatives and the most imperative thing is to know about these alternatives. You must know your alternatives inside out. Get familiar with the pros and cons of everything that is on special offer. The most significant benefit of the travel card is that it offers the client more safety and consequently, peace of mind, as equated to carrying cash or even travelers cheques.

Benefits of transferring money online

The advent of the internet has made life more manageable for people. The internet provides access to knowledge, entertainment, and many more...