This newly-launched forex card charges zero cross currency or ATM fee. Check details

A overseas change platform – BookMyForex – has rolled out International Foreign exchange Card which is supposed to remove the hidden prices of spending overseas. The cardboard is loaded in US greenback and is accepted in over 200 international locations worldwide. It gives financial savings with zero cross-currency charges, no ATM withdrawal or money disbursement fees, in addition to cashback on zero markup foreign exchange charges.

This card is effectively fitted to international students and travellers who’re planning to go overseas for employment, immigration, and to exotic locations equivalent to Vietnam, Indonesia, Central Asia, South America, and different lesser-known locations, because it doesn’t entail any cross-currency fees.

Whereas talking concerning the launch, Sudarshan Motwani, Founder and CEO of BookMyForex.com, says: “Whereas the urge for food for worldwide journey amongst Indians continues to develop, particularly to rising locations like Vietnam, Uzbekistan, Kazakhstan, Indonesia, the Philippines, Cambodia, and Azerbaijan, most present foreign exchange merchandise nonetheless fail to resolve one of many greatest challenges — cross-currency charges and hidden conversion fees. Whether or not it’s bank cards, multi-currency playing cards, and even so-called zero-markup playing cards, travellers usually find yourself paying 3 % to five % further on each transaction when spending in unsupported native currencies.”

Key Advantages of the International Foreign exchange Card

Zero markup: This foreign exchange card gives full transparency with foreign exchange charges and comes with no markups or further conversion prices. The customers can take pleasure in free worldwide ATM withdrawals for handy entry to money whereas overseas.

No fees: There are not any issuance, reload, unload, or annual fees, making certain full value transparency and nil surprises.

Launch Provide: For a restricted time, it gives two unique advantages on its all-new International Foreign exchange Card. There’s as much as two % cashback on each new foreign exchange order. Clients get foreign exchange at charges as much as two % decrease than interbank charges, i.e., the charges seen on well-liked serps.

The utmost cashback, nevertheless, is capped at ₹7,500. Nitin Motwani, Founder and CTO, BookMyForex commented, “Right this moment’s world traveller is extra knowledgeable and value-conscious. They don’t simply evaluate airfares or lodge charges earlier than planning their journey—additionally they evaluate foreign exchange charges and really effectively perceive the hidden fees related to overseas change. The International Foreign exchange Card is constructed for this new form of traveller. Whether or not it’s avoiding hidden charge markups and cross-currency charges or accessing money overseas with out ATM surcharges, we’ve targeted on eradicating each form of cost doable.”

The one-currency foreign exchange card may be booked by means of the BookMyForex App or web site.

It’s also provided to worldwide college students, regardless of the vacation spot foreign money. Similar-day supply is accessible for orders positioned earlier than 1 PM on a working day. BookMyForex is a MakeMyTrip Group firm.

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