Benefits Of Choosing Forex Card Over Currency Notes

Posted by buyforexonline on October 29th, 2015

When it comes to carrying Forex for travel abroad, there is no good or bad way of doing it. Every method has its pros and cons. When asked about the best way to carry travel money, experienced travellers suggest that it should be a mix of cash and plastic money. While real money or cash can be used for immediate needs, plastic money offers travellers a safe and secure method of spending abroad. However, if you are one of those travellers who think carrying Forex only in cash is a good way to save on Forex conversion fees, then it’s time to think again! Here are some top reasons why you should carry a prepaid travel card with some cash whenever you travel abroad:-

You can carry only limited cash as per RBI guidelines- As per RBI guidelines travellers going abroad can only carry up to the stipulated amount of money in cash. For example: Indians going abroad can carry ,000 worth foreign exchange in cash. But, if you need more money, then there is always an option of spending money using travellers cheques or prepaid travel cards.

Travel without fear-With cash, there is always a risk of it getting stolen or lost, so carrying lots of cash is definitely not a good idea from safety point of view as well. Only carry that much amount of cash you can carry safely, for all other expenses prepaid travel cards, ATM or debit cards should be used.

You might be thinking, what if I lose my Forex card? Well, the good news is that prepaid travel cards come with a replacement or spare card, which can be activated by calling issuing company’s 24 hour customer care while you can block the old one.

Never Run out of money-If you run out of cash in a foreign land, then things can get difficult for you; but there is absolutely no such problem with Forex cards. They can be easily reloaded on the go, in few easy steps.

Load multiple currencies in one card- There are multi-currency prepaid Forex card that can be loaded multiple currencies. So, if you plan to visit different countries in a single trip, you don’t have to carry stacks of cash, just load all the currencies in a single card and you are good to go.

Stay safe from Forex rates fluctuations- Reputed online Forex companies like-Buy Forex Online India Pvt Limited allow you to view live Forex rates which are updated every minute. So, whenever you get favourable rates you can load your prepaid Forex card. Since the currency conversion happens at the rates applicable on the day of loading money on your card, you stay insulated from currency rate fluctuations.

Wallets or purses full of cash is an obvious hazard, so protect your hard earned money from getting stolen or lost; get prepaid travel cards from BuyForexOnline.com and discover the most secure and reliable way to spend your money abroad.

For any other information, or to buy your prepaid Forex card, visit-https://www.buyforexonline.com/

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Joined: March 26th, 2014
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