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BookMyForex Introduces 'Global Forex Card' Offering Zero Cross-Currency and ATM Withdrawal Charges.

Banking & Finance | Dated: 02 May 2025

In April 2025, BookMyForex, headquartered in Gurugram (Haryana) and a MakeMyTrip Group entity, launched its ‘Global Forex Card’, a USD-denominated single currency prepaid card designed to reduce foreign exchange costs for international travelers and students.

🎯 Key Highlights:

  • - The card addresses the increasing demand for transparent, affordable, and efficient forex solutions, particularly for students and professionals going abroad.
  • - Cardholders can transact in over 180 global currencies without any currency conversion fees, even though the card is loaded in USD.
  • - Cash withdrawals from ATMs worldwide are free of additional charges. However, some foreign banks or ATMs may impose their own service fees.

💡 Other Important Facts:

  • (i) Under the “Crazy Cashback Sale”, users can earn up to ₹7,500 cashback on forex purchases through the card—offering savings of up to 3.3% per transaction.
  • (ii) The card carries no issuance fee, no reload fee, and no annual maintenance charges. Students can use the card to pay tuition fees to universities abroad without incurring any additional charges.
  • (iii) The Global Forex Card enjoys wide international acceptance, making it ideal for travel to destinations including Vietnam, Indonesia, Central Asia, and South America.

📚 Test Your Knowledge:

Which company recently launched the 'Global Forex Card' with zero cross-currency and ATM withdrawal fees?

Correct Answer: BookMyForex

🚀 Quick Recap: