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Travel Money with Yes Bank to launch Forex Card on Visa network

Yes Bank has partnered with FCM Travel to provide highly secure digital payment solutions coupled with a completely seamless experience to customers while travelling abroad. “Such partnerships are an extension of YES BANK’s A.R.T. (alliances and relationships driven by technology) philosophy and puts us firmly on the track to be the cutting-edge digital bank in India. As a Bank, we always focus on future-ready concepts and strategies and be ahead of the curve in implementing new age banking solutions for the ease of our customers,” Ritesh Pai, Chief Digital Officer, Yes Bank, said.

The card’s distinctive features provide travellers total control of their card at their fingertips. Travellers can load up to 10 currencies on the card, track their daily travel budget, instantly check the INR value on the app, and locate surcharge free ATMs nearby. Additionally, in case of suspicious transactions, the card can be easily locked/ blocked by the traveller without assistance from customer service. The Travel Money YES BANK Multi -Currency Visa card is available across 135 Travel Money offices in India.

Murali Nair, VP and Head of Business Development, India, Visa said, “People who travel overseas and to different countries often have to manage multiple currencies in cash and worry about the threat of loss or theft. We are delighted to partner with Yes Bank and bring India’s first cobranded Multi-Currency Travel Prepaid Card to the customers of Travel Money. They can now travel and use these cards in any part of the world without worrying about their money’s safety.”

Rakshit Desai, Managing Director, FCM Travel Solutions - Indian subsidiary of Flight Centre Travel Group added, “We are always looking to make travel more comfortable and hassle free for our travellers.  The Travel Money Forex Card lets travellers spend in 10 different currencies world over and comes with a host of features, exclusive benefits and ease of use, making travelling abroad easy. In this endeavour, we are happy to have Yes Bank as our trusted partner in offering high quality services to travellers.”

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