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Travelling abroad? Make sure to read this post to find out about the different types of cards and the associated charges, so you can avoid them!<br>Visit - https://www.goniyo.com/blog/forex-card-charges-while-travelling-abroad/
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Forex card charges while travelling abroad https://www.goniyo.com/blog/forex-card-charges-while-travelling-abroad/
1.Issuing fee and loading fee Many forex cards provide the convenience of pre- loading multiple foreign currencies in India itself before your travel abroad. There could be a nominal issuing fee and loading fee that varies across different banks.
2. Currency conversion fee This fee applies only once when loading the card with foreign currency and shields you from fluctuations in foreign currency rates throughout your travel abroad.
3. Unloading fee For any unused foreign currency balance in your forex card that you want to convert back to INR, agents or banks usually charge a fee and you end up getting a lesser amount back.