Your Travel Money with These Forex Hacks
Handling foreign currency can be a tad bit overwhelming, but worry not. At Muthoot FinCorp ONE, we've got your back with some handy Forex hacks to ease your travel money concerns.
Cash or Multi-Currency Card?
With Muthoot FinCorp ONE, you've got options. You can either opt for cash in the desired foreign currency or simplify things with our multi-currency card, offering convenience and security throughout your journey.
The Benefits You Deserve
Why stress about Forex when you can rely on us? Our offerings ensure 100% secure transactions, competitive exchange rates, and the flexibility to access cash from ATMs worldwide. Plus, our hassle-free processes make it a breeze to obtain Forex, whether you're on the go or planning in advance.
Unveiling the Limits and Permissible Purposes
You might wonder about the nitty-gritty, like the limit for international money transfers in a year. Under the Reserve Bank of India's Liberalized Remittance Scheme (LRS), the cap stands at USD 2,50,000 in a financial year. So, go ahead, plan that dream trip or fulfill your various financial obligations abroad within this limit hassle-free.
Speaking of purposes, RBI allows several reasons for purchasing Forex for non-trade accounts. From private visits, business travels, and education-related expenses to medical treatments abroad and even fees for participating in international events—there's a wide array of permissible uses.
Seamless Transactions at Your Fingertips
You don't need to hustle to a Muthoot FinCorp branch every time. Thanks to our user-friendly platform, you can apply for a multi-currency Forex card online and have it delivered to your doorstep. Sending money abroad (remittance) or reloading your existing card? You can handle both online and offline.
However, if you prefer physical cash or need to sell foreign currency, a visit to your nearest Muthoot FinCorp Forex branch is your go-to option. We ensure that whether online or offline, your Forex needs are met securely and reliably with competitive exchange rates.
Empowering Your Forex Experience
At Muthoot FinCorp ONE, our mission is to empower your Forex experience. Securely and reliably obtain Forex with competitive exchange rates, whether it's cash from our branch or a multi-currency card delivered to your doorstep. Reload your card effortlessly and enjoy seamless international money transfers—anytime, anywhere.
In conclusion, navigating Forex doesn't have to be daunting. With Muthoot FinCorp ONE, you've got the tools and support to make your international financial transactions smooth sailing. So, go ahead, plan your adventures, fulfill your obligations, and let us handle your travel money worries!
Remember, with us by your side, your Forex needs are in safe hands.
About Muthoot FinCorp ONE
Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.
As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.
Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.
So what are you waiting for? Head to the Muthoot FinCorp ONE website today to know more.
Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.
Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App
