BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Baroda TravelEasy multi currency prepaid card can not be loaded with which currency
A
USD
B
INR
C
GBP
D
EURO
Explanation: 

Detailed explanation-1: -In what currencies Baroda TravelEasy Card is available? At present, Baroda TravelEasy Card is available only in US Dollar, EURO and GBP.

Detailed explanation-2: -To reload the card, you can visit a branch of the bank, fill the Forex Reload form or A2 form and submit a cheque or debit instruction for the amount to be reloaded. As an account holder, you can also use NetBanking to reload your card anywhere, anytime, even when you are abroad.

Detailed explanation-3: -A forex card comes with two main variants–multicurrency forex cards and single currency cards. A single currency card has limited use, and you will incur higher cross-currency charges if you use it in another currency.

Detailed explanation-4: -What is a Forex Card? A Forex Card is an easier and more secure option of handling your Foreign Exchange while travelling abroad. Much like a regular bank (Credit/Debit) cards, Forex Cards can be used to pay for your expenses in a local currency abroad and withdraw cash from ATMs.

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