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iforexIndia
Chapter IIIForex Card
Saturday, 23 May 2026 · An object in your wallet

One card, eight pockets.

A multi-currency travel card you load before you leave and reload while you’re away — accepted wherever Visa is. Cleaner than cash, cheaper than your bank’s debit card, and never auto-converted at a worse rate.

Markup0.75% only

Shown on every swipe. The same spread we publish in the rate card — no hidden FX margin.

Pockets8 currencies

Hold USD, EUR, GBP, JPY, CHF, AUD, SGD, and AED in separate wallets — no auto-conversion.

ATMs1.5M worldwide

Five free international withdrawals every month. Fixed ₹150 thereafter.

Delivery24 hours

Activated and loaded, delivered to your door across all Tier-1 metros.

iforexMulti · Currency
VISAPlatinum
02
4729••••••••1842
CardholderValued Customer
Valid thru12 / 30
— Fig. 01 · Recto —Issued by iforex India
§ I · The card, annotated

An object, in cross-section.

Turn the card over. Most of what makes it different is on this side — the eight pockets, the fallback rails, the one-call recovery promise.

CVV479
This card holds03 · Eight currencies
USDEURGBPJPYCHFAUDSGDAED
Lost or stolen · +91 80 4148 002004 · iforexindia.com
— Fig. 02 · Verso —Plate II
01

Magnetic stripe

Legacy fallback for any POS terminal in the world. The card defaults to chip-and-PIN where available, falls back to swipe-and-sign where not.

02

CVV, not your PIN

The three digits on the back are for online purchases only. Your four-digit PIN is set on activation and never printed anywhere on the card.

03

Eight pockets

USD, EUR, GBP, JPY, CHF, AUD, SGD, AED — each held as a separate wallet. The card draws from the matching pocket; no auto-conversion at a worse rate.

04

One number to call

Twenty-four-hour line for blocking, replacement, and emergency cash. Average freeze time on a lost-card report is forty seconds.

§ II · The math

On a ₹2 lakh trip, done three ways.

Pretend you’re booking twelve days in Europe. Same itinerary, same merchants, same restaurants. The only thing that changes is how you pay.

The headline

₹12,000.00 saved

vs. spending the same amount on your bank’s ordinary debit card. Enough for three nights in Lisbon.

Cost item
Recommended
iforex Forex Card
Multi-currency prepaid
Most expensive
Bank debit card
Used abroad
Loose change
Cash, end-to-end
Walk-up at a bank
FX markup
0.75%
3.50%
2.50%
Foreign transaction fee
1.50%
International ATM withdrawal
₹150 after 5 free
₹250 + bank fee
POS swipes abroad
Free
Free
Not applicable
Rate slippage on ₹2L
₹2,000–₹4,000
Estimated total cost
₹1,500.00
₹13,500.00
₹6,000.00

Costs are illustrative. Assumes 6 POS swipes and 5 ATM withdrawals over the trip, and a 1% INR appreciation against EUR while abroad. Your bank’s actual debit card fees may differ — usually for the worse.

§ III · Schedule of fees

Every fee, on one page.

Eight line items, in plain language. If a number isn’t on this list, we don’t charge it.

Item
Amount
When it applies
01Card issuance
₹250
One-time. Waived for orders above ₹2,00,000 or for renewing customers.
02Initial load
0.75%
Our standard FX spread, shown on every quote. Identical to currency-note rates.
03POS swipe abroad
Free
Unlimited. No foreign-transaction fee, no swipe surcharge.
04ATM withdrawal (international)
₹150
After 5 free withdrawals per cycle. The ATM operator's own fee is separate, where applicable.
05ATM withdrawal (India)
₹100
Not the primary use of a forex card. Available only for residual balance encashment.
06Balance inquiry
Free
Online or via the app. Counter-top balance check on Visa/PLUS ATMs is ₹25.
07Card replacement
₹500
First replacement is free if the original is reported lost within 24 hours of order.
08Dormancy (12+ months)
₹100/month
Applies only to balances under $20 equivalent. Sweep to your INR account anytime to avoid.

All fees inclusive of applicable GST. The card is denominated in eight foreign currencies and settled in INR at order — none of these fees apply to your foreign balance, only to the rupee account that funds it.

§ IV · Acceptance

Where it works, and where it won’t.

The card runs on the global Visa network — but no card works everywhere. A short honest list of the gaps.

01 · Merchants worldwide
35M

Anywhere the Visa logo appears.

02 · ATMs in the network
1.5M

Visa PLUS network. Five free withdrawals per cycle.

03 · Countries & territories
210+

Currency conversion handled automatically into the closest pocket.

Bring cash anyway in

Four honest exceptions.

Most travel sites will tell you the card works everywhere. It mostly does — but these four cases keep coming up in our customer calls.

  • Japan01

    Many older shops, vending machines, and rural tickets are cash-only. Carry ¥30,000 in notes alongside the card.

  • Germany — small towns02

    Cards work in Berlin and Munich, but smaller cafés and beer gardens often refuse Visa. EC-Karte (German debit) culture lingers.

  • Cuba, Iran, North Korea, Syria03

    Sanctioned regimes. The card will not authorise. Travel insurance also doesn't cover these.

  • Religious / cultural sites04

    Smaller temple-town offerings, dargah donations, and rural Indian markets typically take cash only — bring some.

§ V · Reload, abroad

Running low half-way through?

Add to any pocket from the iforex app, paying in INR from any Indian bank. Same 0.75% spread, same rate-lock, no markup for the urgency.

Median speed

12 min

from confirmation to balance live on the card, measured across 3,420 reloads in the last quarter.

  1. 01

    Open the app

    Sign in with the same number you used to order the card. Your card and balances are already there.

  2. 02

    Pick a pocket

    Choose the currency and amount. You see the live rate and 0.75% spread before confirming.

  3. 03

    Confirm and pay

    Settle from any Indian bank via UPI or NEFT. The foreign balance is live on the card within 30 minutes.

§ VI · Common questions

Eight things people ask before ordering.

Compiled from our phone log. If your question isn’t here, our advisors are on the line six days a week.

+91 80 4148 0020

— End of chapter III —

Take it wherever you’re going.

One card. Eight pockets. Activated, loaded, and delivered to your door — usually within twenty-four hours of confirmation.