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What is mcp in forex card thomas cook?

MCP in Forex Card Thomas Cook – An In-Depth Explanation

Forex Card is an excellent financial instrument that is used by travelers worldwide to make payments abroad. It is a pre-paid debit card that allows travelers to carry multiple currencies in one card. Forex Card provides convenience, safety, and cost-effectiveness to travelers who do not want to carry cash while traveling abroad. Thomas Cook is a leading travel and financial service provider that offers Forex Card services to its customers. MCP in Forex Card Thomas Cook is an important feature that allows travelers to manage their funds in a hassle-free manner.

MCP stands for Multiple Currency Payment. It is a unique feature of Thomas Cook’s Forex Card that allows travelers to make payments in multiple currencies using a single card. MCP is an ideal solution for travelers who visit multiple countries on their trip. MCP feature eliminates the need for travelers to carry multiple cards or exchange currencies at every destination. It helps travelers save time and money by avoiding currency exchange fees and commissions.

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Thomas Cook’s Forex Card offers MCP feature for 8 currencies – US Dollar, Euro, British Pound, Swiss Franc, Australian Dollar, Canadian Dollar, Singapore Dollar, and Japanese Yen. The cardholder can load funds in any of these currencies and use them as per their requirement. The cardholder can also transfer funds from one currency to another using Thomas Cook’s online portal or mobile app. The exchange rate for currency conversion is based on the prevailing market rate at the time of the transaction.

MCP feature in Thomas Cook’s Forex Card provides several benefits to travelers. Some of these benefits are:

1. Convenience – MCP feature allows travelers to carry multiple currencies in one card, eliminating the need for carrying cash or multiple cards. It provides convenience to travelers who visit multiple countries on their trip.

2. Cost-Effective – MCP feature helps travelers save money by avoiding currency exchange fees and commissions. It provides a better exchange rate compared to cash exchange or credit/debit card transactions.

3. Safety – Forex Card is a safe and secure way to carry money while traveling abroad. It eliminates the risk of loss or theft of cash.

4. Transparency – Thomas Cook’s Forex Card provides complete transparency to travelers regarding exchange rates, fees, and charges. It ensures that travelers do not fall prey to hidden charges or commissions.

5. 24×7 Customer Support – Thomas Cook’s Forex Card provides 24×7 customer support to travelers. In case of any issues or queries, travelers can reach out to customer support for assistance.

In conclusion, MCP in Forex Card Thomas Cook is a unique feature that provides convenience, safety, and cost-effectiveness to travelers. It allows travelers to manage their funds in a hassle-free manner while traveling abroad. MCP feature eliminates the need for carrying cash or multiple cards and helps travelers save money by avoiding currency exchange fees and commissions. Thomas Cook’s Forex Card is an excellent financial instrument that offers several benefits to travelers. It is a must-have for anyone traveling abroad.

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