The IndusInd Bank has launched IndusForex.com, a one-stop portal for all foreign exchange requirements of Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and reload it anytime, anywhere in eight different currencies. The portal also gives the freedom to sell the foreign exchange currency after the international trip has been completed. Consumers can also use the portal to send money abroad for purposes such as education and medical requirements.
One of the key benefits of this portal is that the customers can buy multi-currency forex card with zero currency conversion charges. The customer, therefore, clearly saves while exchanging the currency as no currency conversion mark-up is charged. Moreover, customers can enjoy ATM withdrawals abroad without any charges, which are usually levied by other cards. This facility will help them to travel with less or no cash and withdraw money once they reach overseas destination. The portal also provides telegraphic transfers for outward remittance and transfer of funds in 16 currencies.
IndusForex card can be availed or reloaded simply by logging in at www.indusforex.com. It is a simple, secured and paperless transaction, which can be done before departure and during transit with any one or all of the 8 available currencies, namely Australian Dollar (AUD), Canadian Dollar (CAD), EURO (EUR), Great Britain Pound (GBP), Singapore Dollar (SGD), Saudi Arabian Riyal (SAR), UAE Dirham (AED) and US Dollar (USD).
IndusForex prepaid cards are accepted across the world and with all merchants accepting Visa cards. The frequent overseas travelers can reload their IndusForex prepaid cards by purchasing foreign currency through their smartphones.
Even a non-IndusInd Bank customer is eligible for availing this card from the IndusForex portal or any IndusInd Bank branch after a simple application process. It will be delivered at their doorstep in less than two days.
IndusInd Bank’s head of consumer banking Sumant Kathpalia said, “Indians travelling abroad have three main priorities — secure and hassle-free travel, easy access to foreign currency and convenience of making payments- all on digital platform at zero conversion charges. IndusForex.com offers all these benefits and more. The portal provides the ease of travel with utmost security feature to our target audience. The Bank is focusing on ever growing travel requirements of the millennial and we hope to make mark in this segment.”
IndusInd Bank caters to the needs of both consumer and corporate customers. As on 31 December 2016, the bank has 1,075 branches, and 1,960 ATMs spread across 647 locations in India. The bank also has representative offices in London, Dubai and Abu Dhabi.
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