During Covid Crisis Experience ease and convenience while using a prepaid Forex Card!

There is a saying that plastic is in and cash is out. This stands true even when you are going on an overseas trip. Experts are progressively recommending tourists to opt for a prepaid multi-currency travel card while purchasing foreign currency or to sell Forex online.  It is safer and economical than purchasing currency and a good hedge against currency fluctuations.  Here are some reasons why you should purchase a prepaid Forex card to fund your expenditures on your foreign holiday:

- Forex cards offer better exchange rates if you sell forex online for loading currencies than purchasing foreign currency as cash. For banks, offering Forex cards is the cheaper alternative.

  - Forex cards are loaded with foreign currency at locked-in exchange rates. Thus, they are resistant to the fluctuation of currency value in the Forex market.

  - Forex Multi-Currency Card is more secure than carrying cash as it comes empowered with chip and pin technology for securing the money in them. In a scenario of forex card getting lost or stolen, it can be blocked straight away and the balance in it is frozen. The secondary forex card issued accompanied by the original can then be activated and funds will be transferred to it.

    - Forex cards can be used to carry numerous foreign currencies simultaneously in a single card. They permit you to load up to 16 popular currencies such as Australian Dollars (AUD), Hong Kong Dollars (HKD), Denmark Krone (DKK), Euro (EUR), Japanese Yen (JPY), New Zealand Dollars (NZD), Omani Rial (OMR), Singapore Dollars (SGD), Saudi Arabian Riyals (SAR), Swedish Krona (SEK), Swiss Franc (CHF), Thai Baht (THB), United Arab Emirates Dirhams (AED), United Kingdom Pounds (GBP) and United States Dollars (USD).

    

     - Forex cards are globally recognized and accepted, unlike travelers’ cheque which has become an outdated payment device. Also, Forex cards can be used to withdraw money from an ATM close by when abroad. However, encashing travelers’ cheque is great trouble as you would have to find banks or business institutions ready to accept it. Even taxis in some nations overseas accept Forex card as a payment method. In fact, you can even use this card for online transactions overseas, like ordering items via e-commerce platforms in a foreign country. This is possible since they work on either Visa or MasterCard network just like regular debit and credit cards.

    - Forex cards are tremendously convenient and manageable for overseas trip.

Here is some Covid-19 Advisory by IndusIBank: 
https://oldweb.indusind.com/content/home/COVID-19-advisory.html

Some Vital Money Related Tips To Keep In Mind While Travelling Abroad

By now, you know where you are going for vacation, when you will be going and the places where you will be visiting and perhaps you have even booked your accommodation. But, you will still need access to more money while you are away as there are souvenirs, entrance fees, local transport tickets, meals, tips, etc. you will need to pay for as you travel to all the incredible places you are planning to visit. For this, most folks these days plan to opt for a travel card bought at present online currency exchange rates.

• Make sure you have at least two diverse sources of funds with you on your journeys. It can be very annoying if you lose your one and only credit card. So, make certain you have two cards, one a credit card and one a travel card kept in two different places. Make certain your travel cards affiliated and you will be able to draw out funds at any ATM anywhere in the world using those cards. You can even use these cards to sell forex online.
• Always have some emergency cash money with you over and above the travel forex cards for online currency exchange or even if you wish to sell forex online.
• Forget about travellers’ cheques as they are a costly way to carry and exchange money, a lot of businesses today will not redeem them and too often the banks are closed because of one reason or the other when you need to cash those cheques for making transactions. We all used to believe that travellers’ cheques are a very safe way of carrying money, but actually they are really not worth it in today’s time.
• Always use a money belt for the safety of your money and passport and ensure you wear it under your clothes or purchase a pouch that you can dangle around your neck and under your shirt so that you can keep it out of sight.

These days, travellers no longer need to struggle with bulky wallets or cumbersome traveller's checks because they have travel cards. These cards are virtual necessities for any vacationer of today. Not only do cards give the holder the liberty to make purchases anywhere and anytime as most are accepted by establishments globally, they are also very convenient as they do not occupy too much space in any purse or wallet and reasonably safe to use.

To Know More Information :

https://onlineforexcard.wordpress.com/2018/05/25/5-important-travel-tips-to-keep-in-mind-for-adventure-trips/