How to Transfer Money from Forex Card to Bank Account (HDFC): A Step-by-Step Guide

A Forex card is a convenient way to carry foreign currency while traveling, but there may be times when you need to transfer the remaining funds back to your Indian bank account after your trip. If you hold an HDFC Forex Card, the process is simple and straightforward. This guide will walk you through each step to transfer money from your HDFC Forex card to your HDFC bank account or any other Indian bank account. Follow these steps to ensure a hassle-free transfer of your funds. Let’s get started!

Step 1: Log in to HDFC NetBanking

The first step is to log in to your HDFC NetBanking account. If you do not have NetBanking enabled or you do not have your credentials, you need to register for it or reset your password through the HDFC customer service portal. Here’s how to log in:

1. Visit the HDFC Bank website.
2. Click on the ‘NetBanking’ button at the top right corner.
3. Enter your Customer ID/User ID and your password.
4. Click on ‘Login’.

Upon successful login, you will be directed to your NetBanking dashboard.

Step 2: Navigate to the Forex Section

Once logged in, you need to navigate to the section where you can manage your Forex card. Follow these steps:

1. From the dashboard, find and click on the ‘Cards’ tab.
2. In the ‘Cards’ section, select ‘Prepaid/Forex Card’.
3. You should see an option for managing your Forex card. Click on it.

Here, you will find various options related to your Forex card, including balance details, transactions, and more.

Step 3: Select ‘Card to Bank Transfer’

To transfer the funds, you need to find the specific option for transferring money to your bank account. Here’s how:

1. Look for the ‘Card to Bank Transfer’ option within the Forex card management interface.
2. Click on it to proceed to the transfer screen.

Step 4: Fill in the Transfer Details

Now, you need to provide the details of the transfer. Ensure you have all the necessary information handy, such as your bank account number and IFSC code. Here’s how to proceed:

1. Select the Forex card from which you wish to transfer the money.
2. Enter the amount you want to transfer. Do ensure that you have checked your remaining balance and confirmed any applicable fees.
3. Enter your bank account number and the IFSC code of the branch.
4. Recheck all entered information to avoid any mistakes.

Click ‘Submit’ to initiate the transfer.

Step 5: Verification and Confirmation

To complete the transfer process, you will need to verify your request. This verification is a critical safety step to ensure security.

1. You will typically receive an OTP (One-Time Password) on your registered mobile number.
2. Enter the OTP in the space provided and confirm the transfer.

Once verified, the transfer request will be processed. You will receive a confirmation message on your registered mobile number and your email address associated with the account.

Step 6: Monitoring the Transfer

Depending on the bank, the transfer may take a few hours to a couple of working days. To track the status of your transfer:

1. Visit the ‘Transaction’ section in your NetBanking dashboard.
2. Check the status of the recent transactions to confirm if the transfer has been processed.

If there are any issues or delays, you can contact HDFC customer support for assistance.

Conclusion

Transferring money from your HDFC Forex card to a bank account is a simple process if you follow the above steps carefully. It ensures that leftover funds from your travels are securely and promptly returned to your bank account. By leveraging NetBanking, you avoid the need for physical visits to the bank, making the process efficient and user-friendly. Safe travels and happy banking!