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Foreign Exchange


From currency notes to Travellers Cheques and foreign travel cards to remittances, experience utmost convenience and service excellence when you contact ImagineTrip.com for your foreign exchange needs. Whether you are a traveller, a student studying abroad or simply remitting money for business purposes, we offer prompt assistance and efficient solutions to all of your Forex related queries.




When planning a travel to an international destination, it always throws an important question in front of us, and that is about money. The most common question that haunts any traveler’s mind when travelling abroad is how conveniently they can carry foreign exchange currency while they are in a foreign location. Carrying some cash is an option that you can obviously get exchanged at the, else you may carry a traveler’s cheque as well. Till last year carrying an international debit or credit card was a very popular option for transacting aboard as well. But then, this facility is no longer availablje. Using forex prepaid card is the best and the most convenient way to carry money when travelling abroad.

Eliminates the chances of getting cheated – When travelling internationally one of the most common problems that we face is paying correctly for the services. The card safeguards us from any mal practice of foreign exchange that we can encounter while travelling.

Protects against forex fluctuations Forex prepaid travel cards are available for a multiple currencies. Using forex cards while travelling internationally can give you protection against currency fluctuations. In fact you can also withdraw cash using the card at Point of Sale (POS) in any currency from any part of the world.

Available for different currencies – You can get a forex prepaid card from different banks and for different currencies. It is easily issued against currencies like Canadian Dollar, Dirham, US and Australian Dollar, Euro, Japanese Yen, Singapore Dollar, Sterling Pound and Swiss Franc, etc. Each of these currencies is accepted around the world and you can change it into the currency of the country that you are in.

Available for online usage – One of the most beneficial attributes about forex prepaid card is that you can use this for ecommerce transactions as well. Although in case of certain banks who issues forex cards you might need to apply for the activation of this option. After activation, you can enjoy the online usage of this card for the next 24 hours.

Safe and secure – With forex card in your pocket you no longer need to carry bulk cash or traveler’s cheque. Therefore, you can enjoy a hassle free travel instead of chasing money changers. This card is accepted across all Visa and MasterCard Merchant outlets worldwide; hence you can stay rest assured with the availability of money with Forex prepaid travel cards.


It is advisable to carry at least 25 % of your Forex in the form of currency notes, so you can have cash on hand for immediate expense like hiring a cab or buying a meal. Also it is customary in many Foreign countries to offer Tips at Restaurants waiters, Drivers, Helpers etc. Here You will need Foreign currency notes.

Nothing as handy as Currency notes in case of dealing with emergency situations. You may get a better bargain deal in many situations when you are offering currency notes for misc. purchases.

However, it is not advisable to carry large amounts of cash, so you might want to consider other ways of paying for things on holiday. Carrying cash when you’re abroad is never as safe as using cards or traveller’s cheques. A good way to make sure you’re covered just in case is to take a small amount of cash as well as a card and possibly some traveller’s cheques. So, if you lose your cash, you’ll still have some money left to spend. It’s worth checking if there is an ATM and whether traveller’s cheques are accepted where you’re going.


When you buy your traveller’s cheques, you’ll need to sign each one as soon as you get them.

When you want to spend them, they work much like banking cheques at home – you’ll need to write the name of the person you’re paying and then countersign the cheque.

This proves you’re the person who bought the cheques – you might also need to show ID so it’s a good idea to keep your passport with you just in case.

You can use them to buy things costing less than the value of the cheque and you’ll get change in local currency.

Pros and cons of Travellers Cheques

  • They’re a great way to budget your money and keep a close eye on what you spend.
  • You won’t need to carry large amounts of cash with you.
  • If you want to exchange them for cash you’ll need to find someone who accepts them so there’s a little more legwork needed than if you’re carrying cash.
  • You typically have to pay a fee when you buy the cheques and commission when you use them. Generally, they cost more than using cash or cards.

How safe are Travellers Cheques

These are much safer than cash because if you lose them, they can be replaced, wherever you are, usually within 24 hours.

Here are a few tips to make sure you stay safe when using traveller’s cheques.

  • Always keep your receipt
  • Don’t countersign them (sign them for a second time) until you need to use them.
  • Write down the serial number of each cheque and keep it in a different place together with the contact number for the company you got them from. Most traveller’s cheques include a separate page or slip for this.


If you’re going abroad, here are a few tips to help you get more from your money while you’re away.

  • Take a mix of payment types – you’ll find it useful to have some local currency including some small notes, as well as cards just in case you need them.
  • Buy your currency before you go – it’s usually cheaper and you can compare the best rates, particularly if you use currency exchange comparison websites. Look at fees as well as rates when you compare. Use the link below to find out more.
  • Remember your card company’s 24-hour number – make a note of this before you go so you can get in touch if something goes wrong.
  • Avoid credit card fees – make sure you choose a specialist credit card that won’t charge you for using it while you’re away.
  • Let your bank know where you’re going – if you don’t tell them you’re going away they might think your card is being used fraudulently and block your account. It’s a good idea to give them a contact number too, just in case they need to get in contact with you.
  • Pay off your credit cards – if you spend money while you’re away, make sure to pay off your card in full each month so you don’t pay interest.


Before Travel

  • As per RBI circular, the Basic Travel Quota (BTQ) per financial year is US $10,000/- per person for private visit & US $25,000/- per person for business visit.
  • Maximum limit for carrying INR while travelling abroad is Rs 25,000/- .
  • Maximum limit for bringing INR while returning India is Rs 25,000/-.
  • USD / EURO are universal currencies & easily exchangeable in any part of the world.
  • Airport Tax is added to forex cost at airport.
  • Carry local currency of the each visiting country worth $ 50 for miscellaneous expenses and emergency use.
  • Travellers' cheque are safer than cash, and if lost or stolen can be replaced worldwide, usually within 24 hours.
  • Travellers' Cheque provide complete peace of mind when travelling for business or leisure.
  • Travellers' Cheque also enable you to budget, track and control your travel expenses easily.
  • Please sign on top of Travellers' cheque to avoid misuse of the cheque.
  • Prepaid Forex Cards are also advisable & may serve as alternative to Travelers Cheques.

During Travel

  • It is advisable to carry at least 25 % of your Forex in the form of currency notes, so you can have cash on hand for immediate expense like hiring a cab or buying a meal.
  • Always exchange currency at Authorized money changer.
  • Keep currency of different countries in separate pockets of a pouch to avoid confusion & loss.
  • Do not keep entire Forex with one person, divide it among family members.
  • Usually, you get better rate for USD / EURO of higher denomination
  • Spend all coins before returning from tour or keep with you as a souvenir.
  • Location for encashment of Travellers' Cheque are available on www.americanexpress.co.in
  • Guests require to show Passport for Travellers' cheque encashment.
  • Please keep Travellers' cheque and slip separately in different bags.

After Travel

  • Foreign currency should be surrendered within 6 months after the tour. However, you are free to retain USD 2,000, in the form of currency notes or TC's for futur travel.

Are you planning to visit Foreign country & confused about use of Foreign currency or how to get best rates for Forex? ImagineTrip offers you Best Forex solutions for your upcoming international Trips. Please share your requirements of Forex with us & we will revert with Best solutions.