You are back from your trip and have leftover funds in your Forex Card. You want to move it back into your bank account. How do you do it?
One of the best features of a Forex Card is the ease with which you can transfer money from your Forex Card to a bank account.
How to transfer money from your Forex Card to your bank
Forex Cards usually have a validity of three to five years. You can simply retain leftover funds for your next trip or easily transfer it back to your bank account. Follow these simple steps if you wish to move funds back into your bank.
HDFC Bank customers: Visit the nearest branch and submit a form and your card to complete the transfer.
Non-HDFC Bank customer: Just visit the nearest HDFC Bank branch or call PhoneBanking and request for the remaining money to be transferred.
Keep the following handy while visiting the branch:
- Forex Card
- Valid ID Proof/ Passport
- Bank account number
- A cancelled cheque of your bank account
Remember: Once you transfer money from your Forex Card to your bank account, you lose the protection against forex fluctuations. The next time you travel, you will have to load foreign currency into the card at the prevailing rates. If you are a frequent traveller, our advice is to keep the currency in the card to avoid repurchase.
If you are looking to apply forForex Cards, click here to know more!
Read more on how to loadmoney on aForex Cardhere.
* Terms & conditions apply. Forex Card approvals are at sole discretion of HDFC Bank Ltd. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circ*mstances.
