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Can we transfer money from HDFC forex card to US bank account?

Can we transfer money from HDFC forex card to US bank account?

Even though you can check your forex card balance online, but you can’t transfer funds from your forex card to your bank account. Most forex cards levy a fee per ATM withdrawal abroad, there is also a limit to your daily withdrawal.

Can we transfer money from forex to bank account?

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. 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.

Can we withdraw money from forex card in USA?

You can use a forex card just like a credit or debit card to pay for your expenses in a local currency abroad. You can withdraw local cash from an ATM. With a forex card in your wallet, you need not carry wads of cash on your sight-seeing trips in a new country.

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Can you withdraw from forex card?

A Forex card can be used in the same way one uses debit and credit card. When you are travelling abroad, you can use the Forex card to pay hotel bills, make purchases at various shops, restaurants and online sites. For immediate cash requirement, you can use your Forex card to withdraw cash from any ATM.

How do I transfer money from forex trading?

Withdrawal Forms

  1. Locate the withdrawal request form with your Forex broker.
  2. Complete the withdrawal form.
  3. Submit the form to your Forex broker.
  4. Create an ACH relationship with your Forex broker.
  5. Type in all your bank account information.
  6. Withdraw funds through an ACH transfer from the Forex broker to your bank account.

How do I link my HDFC forex card with bank account?

For example, if you are an HDFC Bank account holder, and are applying for one of our ForexPlus Cards, follow these steps:

  1. Login to your NetBanking account.
  2. Select prepaid cards.
  3. Select the type of forex card you hold.
  4. Enter the amount and currency of your choice.
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Can forex card be used for online transactions?

Can a Forex Card be used for online transactions? You can use it just like your Credit Card for online shopping or to make online payments for flights, hotel rooms, etc. The advantage of using a Forex Card when abroad is that online transactions will not attract additional (cross-currency) charges.