Archive · 10 Oct 2026
How to Transfer Leftover Forex Card Money to Your Indian Bank
You might still have money on your forex card after coming home from a trip.
In many cases, you can ask the card company to change that money into Indian rupees.
The amount you get depends on the exchange rate when the company processes the request.
The company may also deduct fees or taxes.
Some companies let you make the request in their app or website.
You may need to choose a bank account where the money should go.
You can also ask at a nearby branch, but you may need to bring documents.
If you plan to travel again, keeping the money on the card could be more convenient.
Unused foreign currency on a forex card can generally be converted into Indian rupees through the issuer’s refund or encashment process.
The amount credited depends on the exchange rate at the time of conversion, minus any applicable charges and taxes.
Some issuers let customers request a refund through an app or online portal and choose a bank account for the transfer.
Customers may also submit a refund request at the issuer’s branch; required documents can include the card, passport, PAN card, and bank details.
Before encashing, travellers planning another trip may want to check card validity, inactivity charges, and applicable foreign exchange regulations.
- Who
- Indian residents who return from overseas travel with unused money on a forex card.
- What
- They may request conversion of the leftover balance into Indian rupees and a transfer to an Indian bank account.
- When
- After returning from a foreign trip; the exchange rate is determined at the time of encashment.
- Where
- Through the forex card issuer’s app, online portal, or a branch.
- Why
- To recover the value of unused foreign currency, unless retaining it is more convenient for a future trip.
- Conversion method
- Refund or encashment through the forex card issuer
- Possible transfer route
- Issuer app or online portal to a selected bank account
- Alternative route
- Submit a refund or encashment request at the issuer’s branch
- Amount received
- Depends on the applicable exchange rate, less any applicable charges and taxes
- Example
- $1,000 at ₹96 per US dollar has a gross value of ₹96,000 before applicable deductions
- Possible documents
- Forex card, passport, PAN card, request form, bank details, and other KYC or travel-related documents
- Before encashing
- Check the card’s validity, inactivity charges, and applicable foreign exchange regulations