Studying abroad is every student’s dream. A new country, new culture, new environment, new people, new experiences and perhaps a new language too; it’s an entirely different world. Although exciting and fun, it also happens to be a challenge. It’s important to operate with caution and preparation when entering international boundaries, leaving your home and familiar people miles and miles away. Proper documentation, travel itinerary, student card, medical insurance, and travel insurance Canada or wherever you’re heading.
The biggest factor that impacts your experience in such unknown places is finance. It acts as the backbone of your lifestyle and determines how your time will sail. After you secure your admission into the university and even manage accommodation, you have to establish a daily routine. Every other day you’ll need to make purchases, big or small like groceries, stationery, clothes, commute fare etc. All of it depends on money and how you manage your money.
What is a Forex Card?
A Forex card is a prepaid travel card that carries your foreign currency while travelling. It is safer and easier than carrying hard cash and more efficient than credit or debit cards because it provides better exchange rates. You just need to load it with the foreign currency of your choice and it can actually take multiple currencies at once, and then it’s ready to use. You can use the card to make direct purchases, pay for expenses, withdraw from ATMs etc.
It saves you the hassle, trouble and full brunt of exchange rates. Students can get benefits from this card like-
Forex card works like any credit or debit card, it’s almost as if you’ve issued a card from that country. You can avail of ATM services like withdrawal of cash with the Forex card. In case of the card being stolen or lost, you can contact the bank helpline and they will arrange for an emergency cash drop at your location.
Security And Convenience
A Forex card is the best alternative to hard cash and cheques. It ensures security, efficiency and convenience. There’s less chance of theft or damage. It’s a quick way of dealing with transactions. In case of mishaps, the international helpline will provide help.
You can keep track of your expenses through the prepaid net banking service facilities, and through this, you can observe, manage and plan your monthly expenditure, so that you can control your financial expenditure better.
Forex cards are generally globally accepted, with up to at least 133 countries recognizing it internationally. This makes it extremely easy to travel and saves time and energy, without having to worry about funds or making rounds to the currency exchange offices.
In case you are low or run out of balance, you can instantly reload cash using the prepaid net banking service, no need to run rounds to the bank.
Using Forex opens you up to many discount offers and shopping benefits on items like food, stationary, travel, accommodation etc., a very important advantage for students through Forex.
Forex cards should be an essential item on your list if you’re a student planning for abroad. There is a zero forex markup card as well, in which as the name indicates the currency exchange charge is zero. Check out more of such options and secure yourself a Forex card today.