Are you planning an international trip and wondering if you can withdraw money from your HDFC Forex Card? The answer is yes, you can. HDFC Forex Card allows you to withdraw cash in local currency at any ATM that accepts Visa or Mastercard. However, there are a few things you need to keep in mind before withdrawing money from your HDFC Forex Card.
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In this blog post, we will discuss everything you need to know about withdrawing money from your HDFC Forex Card, including the withdrawal limits, fees, and tips for getting the best exchange rate.
HDFC Forex Card: An Overview
HDFC Forex Card is a prepaid travel card that allows you to load multiple currencies and use it for making payments and withdrawing cash while traveling abroad. It is a convenient and safe way to carry your travel funds, and it can help you avoid the high fees associated with using your regular debit or credit card overseas.
When you load money onto your HDFC Forex Card, you can choose from a variety of currencies, including US dollars, euros, British pounds, and Japanese yen. You can then use your card to make purchases or withdraw cash in any country that accepts Visa or Mastercard.
Limits on HDFC Forex Card Withdrawals
The amount of money that you can withdraw from your HDFC Forex Card will depend on the type of card you have. There are two types of HDFC Forex Cards available: Classic and Signature. The Classic card has a daily withdrawal limit of Rs. 50,000, while the Signature card has a daily withdrawal limit of Rs. 1,00,000.
In addition to the daily withdrawal limit, there is also a monthly withdrawal limit of Rs. 5,00,000 for both the Classic and Signature cards.
Fees for Withdrawing Money from HDFC Forex Card
There is a fee for withdrawing money from your HDFC Forex Card. The fee is Rs. 100 per withdrawal. This fee is charged by HDFC Bank, and it is in addition to any fees that may be charged by the ATM operator.
If you are planning to withdraw a large amount of money, it is important to factor in the fees. You may want to consider withdrawing money from your HDFC Forex Card in smaller amounts to avoid paying excessive fees.
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Tips for Getting the Best Exchange Rate
When you withdraw money from your HDFC Forex Card, you will get the exchange rate that is set by HDFC Bank. The exchange rate may vary depending on the currency you are withdrawing and the date of your withdrawal.
To get the best exchange rate, you should withdraw money from your HDFC Forex Card before you travel. This will give you time to shop around for the best exchange rate. You can compare the exchange rates offered by different banks and choose the bank that offers the best rate.
Conclusion
Withdrawing money from your HDFC Forex Card is a convenient and safe way to access your travel funds while traveling abroad. However, it is important to be aware of the withdrawal limits, fees, and tips for getting the best exchange rate.
Do you have any questions about withdrawing money from your HDFC Forex Card? If so, please feel free to leave a comment below and I will be happy to help.
Can We Withdraw Money From Hdfc Forex Card
FAQs
- Q: What is the maximum amount that I can withdraw from my HDFC Forex Card?
A: The maximum amount that you can withdraw from your HDFC Forex Card will depend on the type of card you have. The Classic card has a daily withdrawal limit of Rs. 50,000. Signature card has a daily withdrawal limit of Rs. 1,00,000.
- Q: Are there any fees for withdrawing money from my HDFC Forex Card?
A: Yes, there is a fee of Rs. 100 per withdrawal for withdrawing money from your HDFC Forex Card.
- Q: How can I get the best exchange rate when withdrawing money from my HDFC Forex Card?
A: To get the best exchange rate, you should withdraw money from your HDFC Forex Card before you travel. This will give you time to shop around for the best exchange rate.
