OVERSEAS CASH – PREPAID FOREIGN TRAVEL CARD
Travel cards, presently denominated in USD only facilitates the people who frequently make trips abroad for business/personal purposes.
Salient Features of the overseas travel card are as follows
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It is a prepaid card supported by magnetic strip band technology
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It will have 16 digit card numbers
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It is presently denominated in US Dollar only
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Value of the card resides in the Host computer not on the magnetic strip
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It can be used for withdrawing cash/balance enquiry thru VISA ATMs
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It can be used at point of sale(POS) for merchant transactions
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Usable at ATMs by PIN and point of sale by signature
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Date of expiry is printed on the card
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Can be hot listed in case of theft/damage/loss
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Unused Foreign Exchange can be surrendered to the nearest AD branch
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Top up/reload can also be done
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Cards cannot be used in India/Nepal/Bhutan
Charge Details
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No interest is payable on the balance in the card
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Cash withdrawal – USD 2 per transaction
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Balance enquiry - USD 0.50 per transaction
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Charge Slip Retrieval - USD 5 per transaction