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Standard Chartered introduces new Multi currency forex card

Standard Chartered introduces new Multi currency forex card

Finance
Mumbai: India' largest foreign bank Standard Chartered Bank has launched a ‘Multicurrency Forex Card’ to offer a seamless experience for overseas travelers allowing customers the convenience of loading up to 20 widely used currencies on one card with an online reload facility during the overseas travel. In a release sent to the press, the bank said that the card is designed to offer travelers a secure way to carry money when traveling abroad. Some of the currencies that can be loaded are US dollar, Euro, British Pound, Singapore dollar, Swiss franc, Thai baht, Japanese Yen and South African rand. The card will also provide Forex rate lock-in with zero mark-up on cash withdrawals and shopping abroad. Travelers get protection against the frequent currency fluctuations by locking in the c...