Standard Chartered Bank has launched SmartTravel FX card, a gold pre-paid travel card that can be used for making payments in international currencies --US dollar, Euro and Sterling Pound.The card can be pre-loaded with any amount subject to limits prescribed by the Reserve Bank for international travel, a release issued by the bank has stated.
All transactions made on this card, while being billed in the base currency, are treated as local transactions and will not incur additional cross-currency charges levied on all international and credit cards.
Standard Chartered's General Manager, Consumer Transaction Banking, Sai Narain, said "the new SmartTravel FX card combines extraordinary convenience with safety. The currencies in which the card is denominated are universally accepted, which makes the card valid across most countries Indians travel to."
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