THE PASSPORT THAT TAKES YOU FURTHER- SIMPLY PREPAY AND GO!
Federal Bank Cash Passport™ is a prepaid currency card that can be pre-loaded with your spending money and then used at MasterCard® ATMs and merchants abroad.
Available in three currencies, you can lock in your rate each time you (re)load. Simply visit your local Federal Bank branch or authorised agent, appointed by Federal Bank, to prepay and go!
USING YOUR FEDERAL BANK CASH PASSPORT
IMPORTANT INFORMATION BEFORE USING YOUR CARD
Please sign the back of your Card as soon as you get it, and then memorise your PIN.
USING CASH PASSPORT TO MAKE ATM WITHDRAWALS
Just like a debit card, you can use your Federal Bank Cash Passport at ATMs worldwide, displaying the MasterCard Acceptance Mark. Simply choose CREDIT , enter your PIN and how much money you’d like to withdraw (up to the available balance on your Card). After that, all you have to worry about is what to spend the money on.
Customer feedback suggests that some countries may impose their own daily or weekly ATM withdrawal limits, which override higher limits on payment cards, including your Cash Passport. Please refer to the ’Before you Go’ section on this website, for country specific details.
USING CASH PASSPORT TO MAKE PURCHASES
You can also use your Federal Bank Cash Passport at merchants worldwide, showing the MasterCard Acceptance Mark. Just choose CREDIT and enter your PIN, or sign the receipt as usual.
Please note, the Federal Bank Cash Passport cannot be used at ATMs or merchants in India, Nepal and Bhutan, or for internet purchases where the website is registered in India, Nepal or Bhutan, or at websites accepting payment in Indian Rupee or the currencies of Nepal and Bhutan.
DYNAMIC CURRENCY CONVERSION (DCC)
Dynamic Currency Conversion (DCC) is an optional service that is sometimes offered by retailers and ATM operators abroad, giving cardholders the choice of paying in either the currency of the country they are visiting or their own domestic currency, i.e. Indian rupees. If you make a purchase or ATM withdrawal in a country where the local currency is the same as the currency on your Cash Passport (e.g. using a US Dollar Cash Passport in the USA) and you opt to pay in Indian rupees, this may result in a foreign exchange conversion at additional cost to you. To avoid this risk, choose to pay in the currency of your Cash Passport. DCC can also be applied to any domestic debit or credit card, when used abroad .
Cash Passport gives you the security of travellers cheques, with all the convenience of a card.
Other benefits include:
- Card security (benefit of not being linked to a bank account)
- Access to worldwide ATM withdrawals
- Chip and PIN protected
- 24/7 Global Emergency Assistance
- Second Card to access the same funds
- Competitive exchange rates
RESTRICTIONS
Please note, due to FEMA regulations, the Federal Bank Cash Passport cannot be used at ATMs or merchants in India, Nepal and Bhutan, or for internet purchases where the website is registered in India, Nepal or Bhutan, or at websites accepting payment in Indian Rupee or the currencies of Nepal and Bhutan. There are also a number of countries where the use of Cash Passport is not allowed as they are subject to US economic sanctions. If you attempt to withdraw cash or use your Card at merchants in any of these countries, your request will be declined and the reason given as 'Decline, prohibited country'.
The countries currently affected by sanctions are: Cuba, Iran, Sudan and Syria.