Forex charges on hdfc credit card - Benefits of HDFC Forex Card, Axis Bank and ICICI Forex Card
The two banks perform a series of steps to ensure your payment is processed and transferred securely, and it reaches the retailer promptly.
This is called the interchange fee. This rate is negotiated directly between the retailer and its bank.
You end up paying extra for your purchases or the services. Foreign Currency Conversion fee — The fee that Visa and Mastercard charge cerdit because your card is Indian and your Card balance reflects in Indian Currency and when you use it abroad, you pay it in the currency of the country you are in.
Ofrex fee, however, is higher when you use your card abroad. And when you withdraw money from ATMs abroad using your debit card, you will have to pay a withdrawal fee.
This is the fee that your bank agrees to pay to the bank whose ATM you used to withdraw cash trading forex yks168 they allowed the use of their ATMs.
Foreign Currency Conversion fee: You will be charged a foreign currency conversion fee as well.
All the charges are in front of you. I am a happy customer of Bookmyforex, who joined in June and had never faced any difficulty in getting money transferred.
I would recommend Bookmyforex to every student, professional, and tourist who want a stress-free service in this competitive world. BookMyForex representative made it easy and user friendly for me.
Their staff is really helpful throughout the process and the rates applied fharges also lesser compared to other forex providers. I would highly recommend BookMyForex to everyone travelling abroad. In such cases, however, the card should bear superscription ' Not valid for payment in Foreign Exchange in Nepal and Bhutan.
Simply said I can't use it. I think it can be used fine as long as you tick INR in the card machine slip and choose to pay in INR before signing the slip.
The rules are different for Indian issued Cards so a global rule may not apply, but overall confusion arises as even iam supposed to travel in 1st week of November. I can confirm that my debit chares credit cards worked in Nepalboth on swipe machines and ATM machines.
However, when used for chargea first time, they called up my number to confirm that I had indeed used the card. The problem is the following. Strange as it may seem, Indian SIM cards forex charges on hdfc credit card work in Nepal roaming, so I would suggest you leave the sim at home where someone can explain to the bank why it was being used in Nepal.
However, when I wrote and e-mail to them, quoting the relevant RBI notification, they said that it would work. For all practical purposes, best is you leave your SIM at home where forexx can explain when the bank calls that you are out in Nepal.
The ATM machine refused to cough out any currency. The Credit Card worked at times, but it didn't reflect immediately in my bank account online.
SMS was anyway out of question as the Indian sim card didn't work. So, I did carry a lot of INR notes there.
Indian credit/debit card question (HDFC/ICICI,etc) - Kathmandu Forum - TripAdvisor
As an update to the notes issue; s and s are now allowed in Nepal subject to a limit of INR. All of your saved places can be found here in My Trips.
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Description:Save money by avoiding international transaction fees and overseas ATM fees. You can find debit cards, credit cards and travel cards that charge little or no international transaction fees and you HSBC Everyday Global Account . These cards are offered by banks, foreign exchange specialists and even Australia Post.