Paulami was planning for her first overseas trip alone. She’d heard a lot about the local attractions and vibrant nightlife of Kuala Lumpur. She already had prepared a list of to-do things which included a visit to Petronas Twin Towers, enjoying watching different species of birds at Bird Park, checking the history of Islam at The National Museum, climbing up 272 steps to reach the famed Batu Caves and last but not the least experiencing the night life at Bukit Bintang. And, oh yes! She’s a major plan for shopping – she’s listed down all the major shopping destinations to visit – from Pavilion, Fahrenheit 88 to Suria KLCC and experiencing the true essence of Japan at Isetan in Lot 10. Her excitement knew no bounds, but at the same time she was worried! Her biggest worry was what if she overspent on shopping and was left with literally no foreign currency. But her parents had already taken care of it – they were planning to a get a Forex card for her from IndusInd Bank. Well, they’ve kept other backup options as well – they’ve close family friends staying in Kuala Lumpur. In case of a dire emergency Paulami can ask money from them. And her parents can send money to their family friends via wire transfer or net banking.
What’s a Forex card?
Well, it’s a pre-paid card loaded with foreign currency just like your credit/debit card. You can reload the card from any location in the world, provided you’ve signed the relevant documents at your branch back in India.
Apart from Forex card, money can be transferred from India to overseas account via wire transfer and Online banking.
How wire transfer can help?
If you’ve relatives staying abroad and you’ve to transfer money to their account for medical fee, educational fee or travel related expenses – you can do wire transfer. For this, you need to visit your bank. You can visit any branch of the IndusInd Bank to avail the best money exchange rate.
Wire transfer is the most preferred way to exchange money and send money to overseas bank accounts . It is safe, secure, and reliable. People prefer Wire Transfer as the foreign currency is transferred within one or two business days. Wire transfer is considered safe because the banks thoroughly check your documents and ID proof before they transfer money online. You cannot pull back the money once you have made the transfer.
Net Banking – Transfer money from the comfort of your home
If you do not have time to visit your bank, you can exchange money online to the recipient staying overseas through net banking. All you need to do is log into your net banking account and then using the option for remittance, transfer money online. Use the login ID and password provided by the bank. This is also a fast and convenient way for money exchange.