10 Benefits of Forex Card for Business Travel

Reading Time: 4 minutes

Travelling Abroad? Are you worried about the hassle of managing your foreign currency notes in your wallet? Worry no more! Introducing the Thomas Cook Forex Card – the ultimate solution for all your business travel currency needs. With its host of benefits, it’s no surprise that it’s becoming a popular choice among wise business travellers worldwide. But before jumping onto its benefits let’s get an idea of what a Forex Card is.

What is a Forex Card?

Forex card is a type of prepaid card that can be loaded with foreign currency for use while travelling abroad. It can be used to make purchases or withdraw cash at ATMs, just like a debit or credit card.

Forex cards are often used by travellers as an alternative to carrying cash or using credit cards because they can offer better exchange rates and more security. They can also be used to lock in exchange rates ahead of time, which can help to protect against currency fluctuations. Overall, Forex cards are a convenient and secure way to carry money when travelling internationally.

Types of Forex Cards

Thomas Cook, one of the leading travel and foreign exchange companies, offers a variety of forex card options to meet the needs of different travellers.

• One Currency Card

This card is ideal for those who are travelling to a single destination and need to carry only one currency. It can be loaded with a single currency of your choice and can be used to make purchases or withdraw cash at ATMs in that country.

• Borderless Prepaid Card

This is a multi-currency card that can be loaded with up to nine currencies. It is perfect for travellers who are visiting multiple countries and need to carry different currencies. This card can be used in any country that accepts MasterCard and can also be used for online transactions. The Borderless Prepaid Card offers the convenience of carrying multiple currencies on a single card, eliminating the need to carry multiple cards or cash.

Both these cards offer competitive exchange rates, 24/7 online access to account details and transaction history, SMS and email alerts, and easy reloading options, making them a convenient and secure option to carry money while travelling internationally.

10 Key Benefits of Forex Cards

From convenience to security, Thomas Cook Forex Card has got you covered. Thomas Cook’s Prepaid Forex travel card can be your travel buddy, allowing you to have a happy-go-lucky trip. Don’t just take our word for it but try it yourself! Let’s dive in to discover the top 10 Forex Card Benefits for your next business trip:

• Convenience: The Thomas Cook Forex Card offers unparalleled convenience for business travellers. It can be used at millions of merchant locations worldwide, including hotels, restaurants, and retail shops, as well as ATMs, allowing you to access your funds whenever and wherever you need them. This eliminates the need to carry large amounts of cash or travellers checks, which can be both inconvenient and risky.

• Security: The card is protected by a unique PIN, which ensures that only you can access your funds. Additionally, in case of loss or theft, you can quickly and easily report it and get a replacement card, minimising any potential financial loss.

• No hidden charges: Unlike other foreign currency exchange options, the use of the Forex Card by Thomas Cook comes with no hidden charges or additional fees.

• Multiple currencies: The card allows you to load multiple currencies, providing you with the flexibility to use the local currency of the country you are travelling to. This eliminates the need to exchange currency every time you travel to a new country and saves you time and money.

• Easy tracking: You can track your expenses and check your balance online, which can help you better manage your budget during your business trip.

• Easy reloading: You can easily reload your card online, making it a convenient option for long business trips.

• Save on currency conversion charges: The Forex travel card comes with competitive exchange rates, which can help you save money on currency conversion charges. This can be particularly beneficial for business travellers who need to make multiple transactions in different currencies.

• Hassle-free: With the use of a Forex Card, you don’t have to worry about carrying large amounts of cash or travellers checks, which can be both inconvenient and risky. Instead, you can simply use your card to make payments and access your funds, which is much more convenient and secure.

• Accepted worldwide: The card is widely accepted at millions of merchant locations and ATMs worldwide, providing you with the peace of mind that you can access your funds whenever you need them. This makes it a great option for business travellers who need to travel frequently to different countries.

• 24/7 customer support: The Thomas Cook Forex Card comes with 24/7 customer support, so you can get assistance whenever you need it. This includes help with activating your card, reporting a lost or stolen card, and resolving any issues you may have with your card. This makes it a great option for business travellers who need support at any time of the day or night.

Necessary Documents to Apply for a Forex Card

To get a forex card from Thomas Cook, you will typically need to provide the following documents:

• Valid Passport: This is required as proof of identity and nationality.

• Recent Passport-sized Photograph: This will be used on the card.

• Completed Application Form: This can be obtained from a Thomas Cook branch or from the company’s website, and should be filled out with your personal and contact information.

• Proof of Residence: This can be in the form of a utility bill, a bank statement, or a rental agreement.

• Proof of Income: This can be in the form of salary slips or bank statements.

• Visa (if required): Depending on the country you are travelling to, you may need to provide a valid visa.

Note: Keep in mind that these document requirements may vary depending on the country where you are applying for the card and the regulations of the country you are travelling to. Check with Thomas Cook’s Customer Service for any further guidance.

The Thomas Cook Forex Card can be your ultimate tool for managing your foreign currency needs while on business travel. Whether you’re looking for convenience, security, or savings, this card has got you covered. With the aforementioned benefits of Forex Card and easy tracking, it’s easy to see why it’s becoming a popular choice in the market.

So why wait? Get your Thomas Cook Forex Card today and elevate your business travel experience to the next level! Don’t forget, with the Thomas Cook Forex Card, you’ll be able to travel without the worry of managing currency, allowing you to focus on what really matters, your business.