HDFC Bank’s Forex Card is a prepaid travel card that can be used to make payments in multiple currencies while traveling abroad. It is a convenient and secure way to carry money while traveling, as it eliminates the need to carry cash or traveler’s cheques. The HDFC Forex Card comes with a unique identification number, which is known as the LG code and LC code.
LG code stands for ‘Letter of Guarantee,’ and LC code stands for ‘Letter of Credit.’ These codes are used by HDFC Bank to identify and track the Forex Card transactions made by the cardholder. The LG code and LC code are printed on the Forex Card, and they are essential for managing the card and for making transactions.
Where to find LG code and LC code in HDFC Forex Card?
The LG code and LC code can be found on the HDFC Forex Card itself. The card has a 16-digit card number, which is embossed on the front of the card. Just below the card number, you will find the LG code and LC code printed in small letters.
Alternatively, you can also find the LG code and LC code on the Forex Card statement. HDFC Bank sends monthly statements to the cardholders, which contain detailed information about the transactions made using the card. The LG code and LC code are mentioned in these statements, along with other transaction details such as the date, time, location, and amount of the transaction.
Why are LG code and LC code important?
The LG code and LC code are important for several reasons. Firstly, they are used by HDFC Bank to identify the Forex Card transactions made by the cardholder. This helps the bank to track the usage of the card, and to detect any fraudulent activities.
Secondly, the LG code and LC code are required for managing the Forex Card. For example, if the card needs to be reloaded with more currency, the cardholder needs to provide the LG code and LC code to the bank. Similarly, if the card is lost or stolen, the cardholder needs to report the loss to the bank, and provide the LG code and LC code to block the card.
Thirdly, the LG code and LC code are required for making online transactions using the Forex Card. When the cardholder makes an online transaction, they need to enter the LG code and LC code along with the card number, expiry date, and CVV number. This ensures that the transaction is secure and authorized by the cardholder.
Conclusion
The LG code and LC code are important identification numbers that are printed on the HDFC Forex Card. These codes are used by HDFC Bank to identify and track the card transactions made by the cardholder. They are essential for managing the card and for making transactions, especially online transactions. The LG code and LC code can be found on the Forex Card itself or on the monthly statements sent by the bank. Cardholders should keep these codes safe and secure, and should not share them with anyone else.
