What Is the Difference Between Multi-currency Forex Card and an International Debit Card?

When travelling abroad, it is necessary to carry the currency of the country that you plan on vacationing in. Some of the ways how you can spend your money abroad is by using an international debit card or a forex card. Using a forex card is more advantageous than using an international debit card. Here… Read More What Is the Difference Between Multi-currency Forex Card and an International Debit Card?

Tax You Have to Pay On Foreign Exchange Transactions In India

The implementation of GST (Goods And Service Tax) on July 1, 2017 has revised the tax structure of transactions on several goods and services, including forex services in India. The revised rates for forex services come as a welcome move as the taxes often lie between 0.05% to 0.18% of the total forex transaction. When… Read More Tax You Have to Pay On Foreign Exchange Transactions In India

5 Reasons Why Forex Cards are Safer than Cash

How to carry funds while travelling abroad is a common question asked by travellers! You can read articles comparing Forex card, Cash, Traveller’s Cheque, Credit and Debit card, that provide enough understanding on how currency works on an international trip. Some explain in detail with respect to the cost and some with reference to convenience.… Read More 5 Reasons Why Forex Cards are Safer than Cash

Best Tips for Buying Foreign Currency in India

Increase in population has made international tourism in India a bright industry. However, Indian travelers have forgotten the crucial aspect of foreign exchange. Here are a few hacks one should consider to ensure   best value for their money, while traveling to other countries on business or leisure. Buy forex currency as early as possible: Always… Read More Best Tips for Buying Foreign Currency in India

How Money Exchange Rate Impact on Your Travel

Rise and fall, variation or shift in the floating exchange rate system is a norm in the case of most major economies. The currency’s value goes hand in hand in accordance with the foreign-exchange market. International money exchange rates are affected by numerous factors that are usually in a state of perpetual flux. These include… Read More How Money Exchange Rate Impact on Your Travel

Things to Consider When Choosing a Currency Exchange Provider

Planning a foreign trip and wondering where is the ideal place to buy foreign exchange in India? Should you be looking at a multi currency travel money card or buy USD online? Read on for things to consider when you are choosing a currency exchange provider/service: First, you would need to consider your options. Would… Read More Things to Consider When Choosing a Currency Exchange Provider