When your child is sating away from you i.e., studying in another country, it's natural to be concerned about their well-being. Assuring them that they have enough money for critical costs and that you have a reliable way to transfer it to them might help alleviate their worries. Unexpected expenses might be attributed to the higher cost of living in other countries or unexpected health difficulties requiring expensive medical treatment. In such situations, you may need to urgently transfer monies to your child. For this, you might look at some of the best international money transfer service providers who provide the best forex card for students in a very short period.
Before purchasing a prepaid currency card, you must first determine the best travel card rates by comparing different forex cards of different firms. Money exchanger provides live foreign exchange rate at your fingertip. You can buy a prepaid forex card and load it with foreign currency for your child. They can use this card to pay for expenses abroad or make withdrawals in foreign currency from ATMs. If the balance runs out, you can reload it digitally from your Indian bank account in no time. Here are the steps to reload your forex card.
- Go to the website of the foreign exchange, where you purchased the prepaid card, and select 'Reload forex card' from the drop-down menu.
- Type in your forex card number, city, currency, and the amount you want to load on your card.
- Add the item to your shopping cart and check out. The system will ask for your PAN card, you can enter that information.
- And then you can choose your card type, double-check the amount you want to load, run a quick eligibility check, and double-check your order. Pay your bills, and your card will be reloaded with the foreign currencyof your choice. Usually, it takes 24 hours max to re-load.
You can load your forex travel card any number of times within its validity period or till the time your child continues to study abroad, whichever is earlier. As a safety measure, every time your card is reloaded, you will receive an email alert on your registered email ID by the service providers.