Axis Forex Card is a widely used prepaid travel card that offers a safe and convenient way to carry foreign currency while traveling abroad. It allows you to load multiple currencies on a single card and use it to withdraw cash or make purchases at POS terminals. However, there may be situations when you need to transfer money from your Axis Forex Card to your Bank of America account, such as when you want to pay bills or make investments. In this article, we will explain how to make this transfer step by step.
Step 1: Login to Axis Bank Internet Banking
To transfer money from your Axis Forex Card to your Bank of America account, you need to first log in to your Axis Bank Internet Banking account. If you don’t have an account, you can create one by visiting the Axis Bank website and clicking on the “Register” button. Follow the on-screen instructions to set up your account.
Step 2: Add your Bank of America Account
Once you are logged in to your Axis Bank Internet Banking account, click on the “Add Beneficiary” option under the “Transfer Funds” section. Here you will be asked to provide the details of your Bank of America account, such as the account holder’s name, bank name, account number, and routing number. Make sure to double-check the information you provide to avoid any errors.
Step 3: Initiate the Transfer
After adding your Bank of America account as a beneficiary, you can now initiate the transfer. To do this, go to the “Transfer Funds” section and select the option “Transfer to Other Bank Account.” Choose your Axis Forex Card as the debit account and select the Bank of America account you added as the credit account. Enter the amount you want to transfer and click on “Submit.”
Step 4: Confirm the Transfer
Once you have submitted the transfer request, you will be asked to confirm the details. Check the information carefully and click on “Confirm.” You may be asked to enter a One-Time Password (OTP) that will be sent to your registered mobile number to validate the transaction.
Step 5: Wait for the Transfer to Complete
The transfer will be processed within a few business days, depending on the processing times of both banks. You will receive a confirmation message from Axis Bank once the transfer is complete.
Conclusion
Transferring money from your Axis Forex Card to your Bank of America account is a straightforward process that can be completed online through Axis Bank Internet Banking. However, it is important to ensure that you provide accurate information to avoid any errors or delays in the transfer. Additionally, you may be charged fees for the transfer, so make sure to check with both banks for any applicable charges.
