Forex cards have become increasingly popular among travelers because of their convenience and ease of use. These cards come pre-loaded with foreign currency and can be used to withdraw cash or make purchases abroad. However, once the balance on the card is exhausted, it becomes necessary to reload it with more funds. In this article, we will discuss how to reload a forex card and the various options available to travelers.
1. Online Reload
The most convenient and hassle-free method to reload a forex card is through online channels. Most forex card issuers have an online portal where cardholders can log in and reload their card. To do this, the cardholder needs to follow these steps:
Step 1: Log in to the forex card issuer’s website using the login credentials provided at the time of card issuance.
Step 2: Select the ‘Reload Card’ option from the menu.
Step 3: Enter the amount to be reloaded and choose the payment method. The payment can be made through internet banking, debit card, or credit card.
Step 4: Verify the details and confirm the transaction.
The amount will be credited to the forex card instantly, and the cardholder will receive a confirmation message on their registered mobile number or email.
2. Offline Reload
In case the cardholder does not have access to internet banking or does not prefer online channels, they can opt for offline reload options. These options include:
a. Branch Reload
The cardholder can visit the nearest branch of the forex card issuer and fill out a reload form. They need to provide their forex card details and the amount to be reloaded. The payment can be made through cash, cheque, or demand draft.
b. Phone Banking Reload
Some forex card issuers provide the facility of reloading the card through phone banking. The cardholder needs to call the customer care number provided by the issuer, and the executive will guide them through the process.
c. SMS Reload
Some forex card issuers provide the facility of reloading the card through SMS. The cardholder needs to send an SMS to the number provided by the issuer, mentioning the amount to be reloaded and the forex card details. The issuer will deduct the amount from the registered bank account and credit it to the forex card.
3. International Reload
In case the cardholder is traveling abroad and needs to reload the forex card, they can opt for international reload options. These options include:
a. International Debit Card
The cardholder can use their international debit card to reload the forex card at an ATM abroad. They need to insert the forex card into the ATM and follow the instructions on the screen.
b. International Money Transfer
The cardholder can also transfer money from their bank account abroad to the forex card. They need to provide the forex card details and the SWIFT code of the forex card issuer’s bank.
In conclusion, forex cards have become an essential tool for travelers, and reloading them is a straightforward process. The cardholder can choose between online and offline reload options, depending on their convenience. They can also opt for international reload options while traveling abroad. It is advisable to keep track of the forex card balance and reload it before it gets exhausted to avoid any inconvenience during the trip.
