How to Load Money in IndusInd Bank Forex Card for the First Time?Estimated reading time: 4 minutes
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How to Load Money in IndusInd Bank Forex Card for the First Time?

Posted on Wednesday, January 4th, 2023 | By IndusInd Bank

The Indus Multicurrency Forex Card is secure, easy to use, and offers a host of benefits to the cardholder. Loading and reloading money on the card is simple, requiring only a few steps.

Overseas travel in the past was typically associated with the daunting prospect of carrying cash or travellers’ cheques. But today, thanks to forex cards, you no longer have to worry about the safety of your money or the hassle of currency conversion.  This prepaid travel card can essentially can be used like a credit or debit card in the local currency, making money management on a foreign trip a breeze. You may, in other words, use it to shop, pay for your expenses, or withdraw money from an ATM, just like you would in your own country!

The Two Types of Forex Cards

The forex card has two main variants:

  • Single Currency Forex Card: It can only be preloaded with one specific currency.
  • Multi-Currency Forex Card: It can be preloaded with multiple currencies, and thus can be used in various countries across the world.

The Best Forex Card

Globally accepted and recognised, a forex card lets you enjoy certain distinct advantages on an overseas trip. These are:

a) Ease and convenience; it spares you the hassle of exchanging or converting currency in foreign locations

b) Protection from fluctuating foreign exchange rates with its locked-in exchange rate feature

c) Safety and security; in the unfortunate event of theft or loss, the card can be hot-listed by the issuing bank

d) Saves costs; it is cheaper than a credit or debit card which requires you to pay a currency conversion charge on every use.

One of the best forex cards today is the Indus Multicurrency Forex Card from IndusInd Bank.  Available in 14 currencies and valid for 3 years, this 3D secure Chip & PIN technology-enabled travel card can be seamlessly used at point-of-sale POS terminals, international ATMs, and for online international transactions.

With services such as instant SMS alerts & email for every transaction, access to an online portal for checking your balance, and option of reloading the card while travelling abroad, the Indus Forex Multicurrency Card promises a high level of security and convenience.

How to Load Money the First Time?

The IndusInd Multicurrency Forex Card is incredibly simple to load, use, and reload.  Just follow the steps enumerated below to load cash the first time online:

STEP 1: Login to IndusForex.indusind.com
STEP 2:  Select ‘Manage Your Card’
STEP 3: Click on ‘First Time Login’
STEP 4: Validate your card  details including card number and expiry date
STEP 5: Enter the One-Time-Password OTP sent to your registered mobile number
STEP 6: Create a new username & password
STEP 7: Login to IndusForex using your new username and password
STEP 8: Select the currency type & amount to be loaded
STEP 9: Enter your Forex Card number & expiry month/year
STEP 10:  Enter the OTP
STEP 11: Enter your travel details
STEP 12:  Make the payment for the funds to be transferred to your card account in the stated currency at the current rate of exchange

Alternately, you could visit your nearest IndusInd Bank Forex-Enabled Branch to load your Multi-Currency Travel Card for the first time. You must submit a cheque specifying the amount you wish to load along with the application form and requisite documents. You may start using your IndusInd Multicurrency Forex Card once it is activated and the funds are loaded.

In addition to buying, loading, and reloading your forex cards, the IndusForex online portal takes care of all your forex needs. These include sending money overseas with minimal documentation, changing your card PIN & currency priority alogwith providing retail forex solutions at the lowest possible rates.

Get an IndusInd Multicurrency Forex Cardtoday to experience freedom from money-related worries on your overseas travels!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision.  IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.  

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