Your Multi-Currency Forex Card will be activated with the required currencies instantly over the counter at the branch. Once active, the card can be used at any international location for making payments at POS terminals or to withdraw cash at ATMs. Usage of the card is not allowed in India, Nepal, Bhutan, Iran, Syria, North Korea, Cuba, Sudan.
Multi-Currency Forex Card has a chip & a radio frequency antenna embedded. When this Contactless Card is tapped/waved against the terminal enabled for contactless payments, the card transmits payment details wirelessly, eliminating the need to insert it. Account details are communicated to the reader and then processed through the secure Visa acceptance network in the usual way.
Multi-Currency Forex Card works just like any Debit / Credit Card for making payments at Merchant Establishments that have an electronic terminal. The transaction amount is deducted from available balance on the Multi-Currency Card. This card can be used at all Merchant Establishments displaying the VISA symbol.
This card can be used to withdraw cash at all VISA ATMs worldwide. Irrespective of the currency loaded on the card, the cash will be dispensed based on the currencies supported at the ATMs.