Travel tip: Use prepaid forex card when abroad, avoid currency fluctuations

Avoid dynamic currency conversion by paying in the local currency instead of Indian rupees

Amit Arora (name changed on request) made a small yet costly mistake when he visited Europe recently. The Gurugram businessman chose to pay for goods in rupees instead of Euros though he had both options. For a seemingly minor decision, Arora ended up increasing his final bill by nearly 7 per cent. This is one among several errors Indian travellers commit when handling payments abroad. If you are planning an overseas trip during the holiday season, read on to find out how you should use cards and cash during these trips.

Prepaid forex card

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