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Carrying a sufficient amount of foreign currency in the form of currency notes is always advisable when you are travelling abroad. This can help during any emergency situations and being prepared for a contingency is always the prepared way. There are also other non-critical reasons for carrying currency notes like, using a trolley at the airport, tipping servers and street performers, using vending machines and splitting bills.
At GlobalPay, we take care of all your currency needs. You can buy foreign currency online with great ease through our GlobalPay App. For higher-value travel expenses, you can also choose the GlobalPay forex card - a safe and a convenient way of carrying money abroad.
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For customers who prefer in-person service, Globalpay also offers branch pickup options. You may visit the nearest GlobalPay branch to purchase and collect your foreign currency directly. With a network of 21 branches across India, we provide convenient access for travelers seeking personalised assistance and secure handover of their foreign exchange.
According to RBI regulations, you can purchase foreign currency up to 180 days before your departure date. We recommend that you exchange currency ahead of time to avoid inflated airport rates. Currency pickup and exchange are processed through the branch network or online platforms for seamless travel preparation.
In accordance with RBI guidelines certain documents are required to process foreign currency purchase for travel purposes. These typically include:
Additional documentation may be required depending on the purpose of travel and amount of foreign exchange being purchased. All transactions are processed in compliance with applicable foreign exchange regulations
Leisure travelers
Planning a holiday abroad? Buying foreign currency notes in advance helps you:
GlobalPay provides competitive foreign exchange rates so you can make the most of the travel budget, whether it's sightseeing, local transport or holiday shopping.
Studying overseas means managing finances wisely from day one. Foreign currency notes help students:
GlobalPay offers easy online ordering and verification with secure documentation processes that align with regulatory requirements. You can also choose the GlobalPay Forex card for larger travel expenditure needs.
Frequent business travel often requires efficient foreign currency exchange support. With GlobalPay, professionals can:
GlobalPay services are designed for speed, compliance and ease - ideal for business commitments that demand flexibility.
Completed an international trip and still have excess foreign currency on the forex card or leftover physical cash ? The GlobalPay app enables seamless conversion of unused foreign exchange back to Indian Rupees.
The remaining balance on the Forex card can be transferred directly to your bank account through the GlobalPay app. Similarly foreign currency notes can be exchanged at competitive rates either through the platform or by visiting any of the 21 GlobalPay branches across India.
How to convert forex card balance?
| Feature | Foreign Currency notes | GlobalPay Forex card |
|---|---|---|
| Usage | Immediate on-ground cash needed for small expenses,local transport, shopping etc. | Online payments, ATM withdrawals and large transactions like bills or retail payments during international travels |
| Security | Physical cash that must be safeguarded while travelling | PIN-protected card that can be blocked and managed in case of loss or theft. |
| Exchange rate management | Exchange rate locked at the time of booking: applicable to the purchased amount only | Exchange rate locked at the time of loading: supports ongoing travel spend |
| Convenience | Useful for locations where cash payments are required | Suitable for structured payments at international merchant outlets and digital platforms. |
| Balance management | No tracking or reload option once issued | Reloadable and manageable through GlobalPay App with balanced visibility. |
| Travel Duration suitability | More appropriate for short-term or limited cash requirements | Ideal for extended stays, education or frequent travel. |
Carrying in large amounts of physical cash while travelling may not always be practical. There are regulatory limits on the amount of foreign currency notes that can be carried abroad, and managing higher cash volumes can increase the risk of loss or inconvenience.
For larger travel expenses such as accommodation, dining, shopping and online transactions, a more structured payment solution is often required.
The GlobalPay forex card is a reloadable prepaid travel card that allows you to load foreign currency at competitive exchange rates and use it internationally - without needing to carry high volumes of cash.
For travelers, students and business professionals, the GlobalPay Forex card provides greater flexibility, enhanced security and structured expense management during international travel.
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