The HDFC Forex card is a prepaid card that can be used for international transactions. It offers various benefits such as security, convenience, and competitive exchange rates. However, there are limits to the amount that can be swiped using an HDFC Forex card, and these limits vary depending on the type of card and the country where the transaction is being made.
The HDFC Forex card comes in two types – single-currency and multi-currency. The single-currency card is meant for transactions in a single currency such as US Dollars, Euro or British Pounds. The multi-currency card, on the other hand, can be used for transactions in multiple currencies. The card can be loaded with up to 23 currencies, including US Dollars, Euro, British Pounds, and Japanese Yen, among others.
When it comes to swiping the HDFC Forex card, there are limits on the amount that can be swiped per transaction and per day. The limits vary depending on the type of card and the country where the transaction is being made.
For single-currency cards, the limit for swiping is usually the equivalent of $10,000 per transaction and $10,000 per day. However, these limits may vary depending on the country where the transaction is being made. For example, in Malaysia, the limit for swiping the card is MYR 30,000 per day, while in Thailand, the limit is THB 500,000 per day.
For multi-currency cards, the limits for swiping vary depending on the currency being used. The limits are usually higher for major currencies such as US Dollars, Euro, and British Pounds, and lower for other currencies. For example, the limit for swiping the card in US Dollars is usually the equivalent of $10,000 per transaction and $10,000 per day, while the limit for swiping the card in Thai Baht is usually THB 500,000 per day.
It is important to note that these limits are subject to change at any time, and it is advisable to check with the HDFC Bank before making any transactions to ensure that you are aware of the current limits.
In addition to the limits on swiping the card, there are also limits on the amount that can be loaded onto the card. For single-currency cards, the maximum amount that can be loaded is usually the equivalent of $10,000, while for multi-currency cards, the maximum amount that can be loaded varies depending on the currency being used.
Another important thing to note is that there are fees associated with using the HDFC Forex card. These fees include a transaction fee for each transaction made, an ATM withdrawal fee, and a fee for checking the balance on the card. These fees vary depending on the type of card and the country where the transaction is being made.
In conclusion, the limit for swiping the HDFC Forex card varies depending on the type of card and the country where the transaction is being made. It is important to check with the HDFC Bank before making any transactions to ensure that you are aware of the current limits. Additionally, there are fees associated with using the card that should be taken into consideration when using the card for international transactions.
