Forex

Currency Notes
We buy and sell all major currencies of various countries. Indians travelling abroad are advised to buy the destination currencies to eliminate exchange loss.

Travellers Cheques
We stock and sell American Express Travellers Cheques. The traveller’s cheques are available in US Dollars, G B Pounds, Euro, Japanese Yen, Swiss Francs, Canadian Dollars and Australian Dollars giving you the benefit of availing destination currencies.

There are many benefits of Forex Cards for travellers

Forex Cards are cheap and save a lot of money
As stated above Forex Cards are the cheaper option among Cash, Traveller’s Cheque, Credit and Debit cards. The exchange rate offered is the best and this rate is locked-in the card regardless of currency fluctuations in the forex market. Also, since there are no currency conversion and DCC charges while using Forex Cards at PoS counters abroad, this further saves money when travelling abroad.
Forex Cards are convenient
Forex cards are extremely convenient and handy for trips abroad. They can store multiple currencies in them which would be useful when visiting more than one country while travelling. Also, Forex Cards are universally accepted and can be used in ATMs abroad or online transactions abroad.
Forex Cards are Safe and Secure
Since Forex Card come with embedded chip technology nowadays rather than magnetic strip technology, they are more secure. Just like regular Debit cards, they too need a pin to spend cash using them, enhancing their safety factor. Also, in case of loss or theft of the card, travellers can simply block the card by contacting the card issuer. Then, the replacement secondary card can be enabled which usually comes along with original Forex Card kit.
Forex Cards offer better money management
You can manage your money better through Forex Cards as they offer online access to track your spending and transactions through Net Banking. Also, you get monthly statements giving you an idea of how much balance is left on the card. When your trip abroad is over, you can easily encash the leftover foreign currency and thus the balance amount won’t be wasted.
Forex cards allow you to shop at Duty-Free stores in Airports
Once you are coming back to India after your trip abroad, there may be leftover foreign currency in your Forex Card. You can easily encash this or use it to buy items from Duty-Free Store at the Airport. Duty-Free Stores only take payments in foreign currency. Simply swipe your Forex Card there to buy items cheaply for your friends or family. card. When your trip abroad is over, you can easily encash the leftover foreign currency and thus the balance amount won’t be wasted.
Forex cards allow you to shop at Duty-Free stores in Airports
Once you are coming back to India after your trip abroad, there may be leftover foreign currency in your Forex Card. You can easily encash this or use it to buy items from Duty-Free Store at the Airport. Duty-Free Stores only take payments in foreign currency. Simply swipe your Forex Card there to buy items cheaply for your friends or family.

There are many benefits of Forex Cards for students

It’s the most recommended and safest form of carrying currency nowadays. Prepaid travel cards are pin protected like the ones, offered by Weizmann Forex, have configurable spending limits and are fully replaceable in case of loss or being stolen.
Usually available at better rates than currency notes (cash) and traveler’s cheques.
Better than credit/ debit cards – With Prepaid Travel cards from Weizmann Forex, you avoid paying the 2% to 5% transaction fee (Visa/ MasterCard, Issuing bank fees) that is charged when you use your international debit/ credit card. Also unlike credit, debit cards you aren’t susceptible to variable rates as forex loaded on your prepaid card is loaded at a fixed rate.
Convenient: These cards can be reloaded anytime. 24×7 customer care service.
Always Available: Unlike foreign cash and traveller’s cheques, which are subject to availability, prepaid cards can be loaded with any amount of foreign currency at any time
Travel Cards are accepted at most foreign establishments (hotels, stores etc.) without any charge.
Ability to withdraw cash from ATMs abroad completely free of charge
Comes with a free insurance cover

Currencies

Hong Kong Dollar
Malaysian Ringgit
Australian Dollar
Thai Baht
Swiss Franc
Canadian Dollar
New Zealand Dollar
Singapore Dollar
UAE Dirham
Danish Kroner
Norwegian Kroner
Saudi Rial
Swedish Kroner
South African Rand
Chinese Yuan
Sri Lanka Rupee
US Dollar
Euro
Sterling Pound
Japanese Yen

Mutual Funds

SIP Investment

Downloads

Information

Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

AMFI Registered Mutual Fund Distributor | ARN- 159693 | Date of initial Registration: 05-Feb-2019 | Current validity: 04-Feb-2028

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