Forex card is a preloaded card with funds that can be utlised while travelling abroad. IT POSSESES GREAT ADVANTEAGE FOR INTERNATIONAL STUDENTS.
IT IS TO BE NOTED THAT THE FOREX ADDED TO THE CARD NEEDS TO BE UTILISED WITHIN 60 DAYS FOR THE PURPOSE IT WAS OBTAINED.
NOT-WITHSTANDING THE AFOREMENTIONED, THE FOREX CARD USUALLY HAS A VALIDITY OF 5 YEARS FROM THE DATE OF ISSUE.
iF THE MONEY IS NOT UTILISED, IT NEEDS TO BE RETURNED TO THE BANK WITHIN 180 DAYS FROM WHEN THE PERSON RETURNS TO INDIA.
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