Regalia ForexPlus Card

The only currency you need


  • Zero Cross Currency charges
  • Manage Card online Set PIN, load, block and more .
  • Emergency Cash Assistance
  • Use anywhere, including online
  • Backup Card facility
  • Secure transactions with Chip & PIN card
  • Load in USD dollars


1 Students get complimentary globally recognised Virtual International Student Identity Card worth Rs. 999/-. Avail exclusive discounts in 1,50,000+ outlets internationally. 31st Mar'24 Click here to view T&C
2 Issuance Fee Waiver on minimum loading of USD 1000( or equivalent currency) 31st Mar'24 Click here to view T&C
3 Complimentary International Airport Lounge access at Airports in India 31st Mar'24 Click here to view T&C

eligibility criteria

Anyone can apply for a ForexPlus Card.
No need to be a HDFC Bank customer.

Here are the documents you will need - along with a signed copy of the application form

  • Passport

    Self-attested copy of valid Passport

  • Address proof

    If the address is different from the one as mentioned in Passport

  • Pan

    Self-attested copy of Pan

  • Ticket or Visa

    Self-attested copy of Ticket or Visa Not required for existing HDFC Bank customers

  • Other Bank Statement

    Self-attested copy of Other Bank Statement (1 year) confirming the funding if the payment is made from other Bank Net Banking or UPI. If the type of account is not mentioned in the Bank statement we will require Self-attested copy of Passbook / Cancelled Cheque

  • Such other documents as may be prescribed by the Bank


Regalia ForexPlus Card Fees and Charges

Following are the charges:

  • Application fee : INR 1000.00 + 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 4.00 USD 0.50 USD 5000

*GST applicable on all charges

Cross currency charges

For transactions where the transaction currency is different than the currency available on Regalia ForexPlus Card, Bank will not charge any cross currency conversion charges on such transactions.


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/-

*GST as applicable

* Tax Collection at Source (TCS) as applicable

The Finance Act, 2020 has introduced new Income tax provisions on Foreign Exchange transactions under Liberalised Remittance Scheme (LRS), effective October 1, 2020.

As per the new provisions:

  • Tax Collected at Source (TCS) @ 5% shall be applicable on all forex drawls under LRS exceeding INR 7 Lakhs in a financial year.
  • TCS shall be applicable on all LRS transactions including forex drawl through FCY Cash Sell, Forex Cards issuance / load / reload, FCY DD issuance and Outward Remittances.
  • For transfers from Resident Individual Account to NRO Account towards Gift / Loan, TCS will not be applicable and the amount transferred will not be subsumed under the aggregate threshold limit of INR 7 Lakhs per financial year as mentioned above.
  • For remittances towards pursuing overseas education, TCS @ 0.5% shall be applicable, if the amount remitted is obtained through an educational loan from a financial institution as specified u/s 80E of the Income-tax Act, 1961.

    If the amount remitted towards overseas education is out of own funds or loan from any other entity (i.e. not from education loan obtained from a financial institution explained above), TCS @ 5% shall be applicable on aggregate remittance exceeding INR 7 lakhs per FY.
  • Forex drawls towards Overseas tour packages shall attract TCS @ 5% of the total remitted amount and the amount remitted will be subsumed under the threshold limit of INR 7 Lakhs mentioned
  • The TCS rates mentioned above are to be increased by applicable surcharge as well as Health and Education Cess in case the remitter is not a resident as per the Income-Tax Act, 1961.
Income taxable in India Rate of TCS Surcharge Health and education cess Effective rate of TCS
Below Rs. 50 lakh 5% 0% 4% 5.20%
Rs. 50 lakh to Rs. 1 crore 5% 10% 4% 5.72%
Above Rs. 1 crore to Rs. 2 crore 5% 15% 4% 5.98%
Above Rs. 2 crores to Rs. 5 crore 5% 25% 4% 6.50%
Above Rs. 5 crore 5% 37% 4% 7.12%

The above provisions are effective from October 1, 2020.

Note: All commission, fees and charges, as mentioned above, are non-refundable (unless otherwise stated).

To view other HDFC Bank Forexplus card click here

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