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Showing posts from July, 2018

Tips To Make Money Last Longer During an International Trip

If you are headed to foreign city, whether on a holiday or work, you are making your budget plans, and doing some number crunching, for sure. You are sure to be calculating your expenses for the trip, and wondering how much money to carry. Have you considered forex money exchange options? A multi currency forex card can be a great option to help you stay within your budget and work out your expenditure. If you have a forex card you may not have to look for money exchange locations as often as when you carry currency from your home country. Budgeting is the first step toward making your money last longer. It also helps you understand what to prioritise and what not to, depending on your interests. You get an opportunity to focus on what you really want to do, and allocate funds for the same, and cut down on unnecessary expenditure. Once you have charted out your budget plans, you should decide how much cash you are going to carry. Y

Forex Guidelines & Rules by Reserve Bank of India

Planning on a foreign holiday and making arrangements? You must have wondered about forex currency exchange by now. Are you wondering whether to buy foreign currency notes but don’t know how to go about it? Read on for a guide on what are the international currency exchange rules that apply in India as per the Reserve Bank of India (RBI), before you get currency exchange. How much can you carry? If you are travelling to any foreign country, you can seek forex currency exchange of up to US $2,50,000 from an authorised dealer in one financial year. This applies to business or leisure travel, emigration, education or even employment. You could be visiting a country for a seminar, training, study tour, and you would be treated as a business traveller. If you plan a private visit to a foreign country for tourism, you will still be able to draw up to US $2,50,000 for a financial year for your visits abroad, irrespective of the

Advantages of Forex Card and Its Benefits for Travellers

Travelling abroad? You should certainly use a multi-currency forex card for all your payment needs. The prepaid multi-currency cards are the best way to carry money when you are on a holiday. Wondering why you should use one? Here are some features that help you decide: ·       You get many options; in India, you can opt for an Axis bank multi-currency card , a HDFC bank forex card or an ICICI bank forex card for your needs. You can use any of these cards to withdraw your cash from ATMS or make any type of e-commerce transaction while you are travelling. ·       The advantage of carrying a multi currency forex card is that you don’t have to go running around to money exchange locations or worry about the best foreign exchange values. All you have to do load your card for a fixed amount of foreign currency ahead of your travel. It is safe and secure, and gives you a hassle-free experience. It helps you load multiple currencies (between 10 and over 20, depending on the