Forex cards, a staple in the traveler’s arsenal, provide a convenient way to manage foreign exchange. However, when the journeys cease or the card’s utility wanes, it’s crucial to close the account to prevent unnecessary charges and ensure financial well-being.
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Deactivating the Card: An Essential First Step
Before permanently closing your ICICI Bank Forex Card, it’s prudent to deactivate it. This temporary measure prevents further transactions while you consider your options. You can deactivate your card through the following channels:
- Internet Banking: Log in to your account and navigate to the Forex section to deactivate the card.
- ICICI Bank Mobile Banking App: Open the app, select the Card Services tab, and choose Deactivate Card.
- Customer Care: Call the ICICI Bank Customer Care helpline at 1800-2666-666 and request card deactivation.
Permanent Closure: Ending the Card’s Chapter
Once you’ve decided to permanently close your ICICI Bank Forex Card, follow these steps to ensure a seamless process:
- Clear any Outstanding Balance: Make sure to exhaust the balance on your card before initiating the closure process.
- Submit a Closure Request: Log in to ICICI Bank iExperience and navigate to the Forex Card section. Select the Closure Request option and follow the instructions to complete the process.
- Surrender the Physical Card: Once your closure request is received, you’ll be required to shred the physical card and return its fragments to the bank. This ensures the card is permanently deactivated and cannot be misused.
- Verification and Processing: The bank will verify your request and process the closure. You’ll receive a confirmation once the card is successfully closed.
- Refund of Unutilized Balance (if applicable): If you still have an unutilized balance on your forex card after closure, it will be credited to your ICICI Bank account within 10 business days.
Expert Tips for Smooth Closure
To make the closure process effortless, consider these expert tips:
- In cases where you’re unable to access the internet or mobile banking, you can visit your nearest ICICI Bank branch to request closure.
- Keep a record of your closure request and confirmation for future reference.
- Monitor your ICICI Bank account regularly to verify the refund of any unutilized balance and ensure no unauthorized transactions occur after closure.
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FAQs on ICICI Bank Forex Card Closure
- Q: How long does it take to process a closure request?
- A: Usually within 7 business days.
- Q: What happens if I lose my physical card before closure?
- A: Report the loss immediately to ICICI Bank Customer Care to have the card deactivated and request a new one for closure.
- Q: Can I reopen the closed forex card?
- A: No, a closed forex card cannot be reopened. You’ll need to apply for a new card if you wish to use ICICI Bank’s forex services again.
How To Close Icici Bank Forex Card
Conclusion
Closing your ICICI Bank Forex Card is a straightforward process that ensures financial security and prevents unwanted charges. By following the steps outlined in this guide, you can terminate the card’s services effortlessly. Remember, if you have any further queries or encounter any challenges, don’t hesitate to reach out to ICICI Bank Customer Care for assistance. So, bid farewell to your forex card and pursue your financial adventures with confidence.
Dear readers, we hope this article has shed light on the process of closing your ICICI Bank Forex Card. Please let us know if you have any additional questions. Your feedback and engagement are crucial in our quest to provide informative and valuable content.
