Multicurrency ForexPlus Card fees and charges
Following are the charges:
- Application fee : INR 500.00 + GST
- Charges for Reloading the card: INR 75.00 + GST
- Application fee for back-up card: INR 100.00 + GST
Transaction Charges : As mentioned below
| Sr No |
Currency |
ATM Cash Withdrawal Fee |
Balance Enquiry Fee |
Daily Limit for ATM Cash Withdrawal |
| 1 |
US Dollar (USD) |
USD 2.00 |
USD 0.50 |
USD 5000 |
| 2 |
Euro (EUR) |
EUR 1.50 |
EUR 0.50 |
EUR 4700 |
| 3 |
Swiss Franc (CHF) |
CHF 2.50 |
CHF 0.60 |
CHF 5000 |
| 4 |
British Pound (GBP) |
GBP 1.00 |
GBP 0.50 |
GBP 4000 |
| 5 |
Canadian Dollar (CAD) |
CAD 2.00 |
CAD 0.50 |
CAD 6600 |
| 6 |
Australian Dollar (AUD ) |
AUD 2.00 |
AUD 0.50 |
AUD 6800 |
| 7 |
Japanese Yen (JPY) |
JPY 250.00 |
JPY 60.00 |
JPY 580000 |
| 8 |
Singapore Dollar (SGD) |
SGD 2.70 |
SGD 0.75 |
SGD 7000 |
| 9 |
UAE Dhiram (AED) |
AED 7.00 |
AED 2.00 |
AED 18000 |
| 10 |
Swedish Krona (SEK) |
SEK 15.00 |
SEK 3.50 |
SEK 45000 |
| 11 |
Hong Kong Dollar (HKD) |
HKD 16.00 |
HKD 4.00 |
HKD 38000 |
| 12 |
Thailand Baht (THB) |
THB 63.00 |
THB 16.00 |
THB 178000 |
| 13 |
South African Rand (ZAR) |
ZAR 22.00 |
ZAR 5.50 |
ZAR 67000 |
| 14 |
New Zealand Dollar (NZD) |
NZD 2.50 |
NZD 0.60 |
NZD 7100 |
| 15 |
Omani Riyal (OMR) |
OMR 0.70 |
OMR 0.25 |
OMR 1900 |
| 16 |
Danish Krone (DKK) |
DKK 11.00 |
DKK 2.75 |
DKK 35000 |
| 17 |
Norwegian Krone (NOK) |
NOK 12.50 |
NOK 3.25 |
NOK 42000 |
| 18 |
Saudi Riyal (SAR) |
SAR 7.50 |
SAR 2.00 |
SAR 18600 |
| 19 |
Korean Won (KRW) |
KRW 2400 |
KRW 600 |
KRW 5800000 |
| 20 |
Bahrain Dinar (BHD) |
BHD 0.75 |
BHD 0.20 |
BHD 1800 |
| 21 |
Qatari Riyal (QAR) |
QAR 7.50 |
QAR 1.80 |
QAR 18000 |
| 22 |
Kuwait Dinar (KWD) |
KWD 0.60 |
KWD 0.15 |
KWD 1500 |
*GST applicable on all charges
Cross currency charges
For transactions where the transaction currency is different than the currency available on Multicurrency ForexPlus card bank will charge cross currency markup of 2% on such transactions.
Exchange rate used will be the VISA/MasterCard wholesale exchange rate prevailing at the time of the transaction.
For cross currency transactions involving wallet to wallet transfers within currencies available on Multicurrency ForexPlus card customer will be charged with 2% cross currency charges.
Exchange rate used will be the Mid rate prevailing at the time of the transaction.
GST will be applicable on Currency Conversion & other fees as per prevailing rate
| Buy and Sell Forex Currency |
GST Currency Conversion Rates |
| Up to INR 1,00,000/- |
0.18% of the gross value or INR 45/- whichever is higher |
| INR 1,00,001/- to INR 10,00,000/- |
INR 180 plus 0.09% of the amount exceeding INR 1,00,000/- |
| INR 10,00,001/- and above |
INR 990 plus 0.018% of the amount exceeding INR 10,00,000/-, subject to a maximum of INR 10800/- |