Last Updated on October 2, 2021 by admin
HDFC Forex Login
HDFC Bank (House of Delegates Financial Corp) is one of the largest Indian banks. Its headquarters are located in Mumbai India & it has more than 10 million customers worldwide. HDFC Forex division was founded in 2006, to provide forex services to retail & corporate clients. The division provides services through branches, ATM’s and dedicated Customer Service Centers that operate round-the-clock across 33 Indian cities. HDFC Forex Card Login page can be found HERE.
HDFC forex brokerage is known to be one of the lowest in India. In comparison with its competitors, HDFC forex charges a low 0.1% from both the buy & sell side for all cards.
In 2009 it was announced that HDFC will provide Automated Teller Machines (ATM) for Forex clients at various airports in India. The move is part of a plan to increase visibility and awareness of the product in the marketplace. So far, they have tie-ups with Mumbai, Bangalore, Delhi & Chennai airport’s where they have installed ATMs exclusively meant for their forex cardholders. You can withdraw cash 24/7 irrespective of which city you are traveling from /to through any of these ATMs.
HDFC forex provides seven different types of cards- Platinum CashCard, Gold Cashcard, Classic Forex Card, International Forex Card, Domestic Travellers Cheque Card, Foreign Currency Travellers Cheque Card & Commercial Cards. The only difference between them is the currency in which they are denominated i.e all cards display the selling currency as INR whilst distinction lies with the buying currency.
HDFC Forex Rates
The currency conversion rates used by the bank are the same as those for its other forex transactions. The retail currency rates are updated throughout the day & they are considered to be very competitive ( 0.1% of the traded amount ) . The currency rates used by HDFC forex are the wholesale currency rates. So, we can expect a gap between retail & wholesale currency rates for all cards. The gap varies from 0 – 0.25% depending upon which card you use and which currency you wish to trade in (selling or buying).
The HDFC Forex card is linked directly to your HDFC bank account and there is no requirement of pre-funding the account as it happens with other P2P payment processing services such as PayPal etc. The service allows its users to hold multiple currencies including US dollars, British Pound, Euros, Australian Dollars & Japanese Yen. You can transfer funds online through NEFT /IMPS as well as carry out transactions using the ATM facility.
HDFC Bank has tied up with Mastercard which provides HDFC forex card foreign currency acceptance worldwide. The rates on the card are the same as those on its website. The bank has also partnered with Visa to ensure wider international acceptance on its cards. For more information regarding HDFC forex open a FREE demo account.
HDFC Forex Card
HDFC forex card is a secure method of payment that can be used for international transactions. It is secured by MasterCard SecureCode that has been authenticated by 2D barcodes on the back of each card.
HDFC forex card login gives you access to the convenience and security of banking online, anytime, anywhere. You don’t need to carry cash or even a wallet with you as all your transactions will be conducted via your mobile device and secured with a pin code. Other than this, it also allows you to set up account alerts for recurring transactions like bill payments, loans, etc.
One of the most interesting features is it can be used to book hotel rooms & flights. This feature enables you to directly book from your card online.
The transactions done on HDFC forex cards are charged at a flat fee of 1% irrespective of the transaction amount. In case the transaction isn’t successfully completed due to any reason, a failed transaction charge of Rs 100 will apply.
In case the card gets stolen /lost while traveling, you have an option to block it immediately through a toll-free number or by calling their customer service representatives. You can then receive a replacement card within 48 hours in India and 7 working days for international replacements. All these services come absolutely free with HDFC bank forex cards. For all types of forex cards, you get a free accidental insurance cover of up to Rs 1 lac.
HDFC forex has tie-ups with international airlines(As mentioned earlier) where they offer some exclusive discounts to their customers on air ticket booking. A list of airlines in India where HDFC forex cards can be used is available. In the case of domestic travel, there is no such tie-up currently but you can use it at select petrol pumps & toll plazas across India to make payment. Check out a list of petrol pumps here.
In addition to this, if your card gets lost while traveling internationally, the bank will refund the cost of emergency expenses that were incurred during the trip. A flat fee of US$25 or equivalent currency is charged for this service.
You can also use the HDFC platinum forex card to order petrol at Indian Oil petrol pumps with exclusive discounts of up to 10% off per transaction. The service is currently available only in Maharashtra, Madhya Pradesh, Gujarat, Punjab, Andhra Pradesh, Telangana & Kerala.
How to activate contactless service on HDFC Forex Card
HDFC forex allows contactless transactions for all cards except commercial cards. Contactless service can be activated through the card login page by clicking on the ‘Contactless’ tab.
You can activate or deactivate this facility at the card login portal through the contactless tab.
1. Log in to Prepaid Card Netbanking with your User ID and password.
2. Go to the menu and select “Contactless”.
3. Scroll down and enter the PIN number on the back of your card.
HDFC Multi-Currency – HDFC Forex Card Login
With HDFC Bank’s Multicurrency ForexPlus Card, you will be able to access your account with just a tap of your card with no swiping or entering passcodes. You can use your card to make payments everywhere VISA cards are accepted.
You must note that the multi-currency forex card needs to be activated by sending an SMS from your registered mobile number. Keep your debit card ready because you will be needing it for this process.
Follow these steps below to activate the multi-currency forex card:
1. Login using your user id and password on HDFC’s Official Net banking website here.
2. Select “Activate New Card” under the services menu on the top right side of the page once logged in.
3. Fill in the required information as per instructions given on-screen & submit after reading all terms and conditions carefully. You would need to enter a valid Indian mobile number that is registered in your name.
4. You will then receive an SMS asking you to select a 4 digit PIN for your card. After this, you can choose either of the two options :
Option 1: To have the assigned PIN emailed to you immediately on completion of the registration process.
Option 2: To set up your own personalized PIN via IVR using a voice recognition system.
5. Once the PIN is generated, customer care service representatives will ask brief verification questions before activating your forex card account. This usually takes around 3-5 business days depending upon the region where you are located & would be delivered at your given address after completing the activation process.
The cards are also secured with the latest in-house technology that gives you peace of mind around the world – The card is very easy to use – simply tap it to pay for purchases, withdraw cash at ATMs or check the balance of your account.
You can also contactless card to access ATM and POS terminals with just a tap.
HDFC Bank has made it even easier for you to use your Multicurrency ForexPlus Card. With the help of their new app, you can now store your card numbers and PINs on your Android phone or iPhone. You’ll also get some exclusive features and benefits with your card like:
– Overdraft facility up to ₹25000 without any restrictions;
– Get your cash back on ATM transactions;
– Get discounts on petrol pumps.
With HDFC Multicurrency Forex Plus Card, you will get some exclusive features and benefits like contactless card – tap & pay anywhere for any service, free ATM withdrawals abroad, international money transfer & more. Let’s take a look at the features of the card.
HDFC Forex Netbanking Login – HDFC Forex Card Login
HDFC forex net banking login is available for both commercial cards and individual cards. Therefore, individuals can now easily access their HDFC Forex card accounts online to check account balances or make transactions.
To access your HDFC Forex Netbanking account, log in to https://www.hdfcforexcardonline.com/ with your User ID and Password. From the Home page, click on the respective link under the “Customer Service” menu for “Cards”, “Gift & Forex VISA Cards” or select other options from the Customer Service menu as per your requirement.
HDFC forex net banking login provides a facility to check balances online apart from making transactions using cards or gift card balances available at the site. You can also view transaction history from all connected accounts under one user id and password for any registered email id and mobile number only. In case of lost cards, you can block all your HDFC forex cards online with one click provided you have registered your mobile number.
For commercial clients, you will need to enter your client code alongside the user id and password to access your accounts. The commercial client code can be received from the branch office after the opening of accounts through fill up the application form. You can also use online mode by registering your contact number, PAN number & email ID instead of coming over to the bank branch office.
You can also view your transactions online through the online dashboard of your card. The dashboard provides you with information on your transactions and it comprises all the statements linked to your card number which helps in managing statements easily.