The Business Bytes
New Delhi, September 27, 2024 (TBB Bureau): On the occasion of World Tourism Day, Punjab National Bank (PNB), one of India’s leading public sector banks, is encouraging its customers to explore the world’s diverse landscapes and cultures without the hassle of currency management. With the launch of the PNB Multi-Currency World Travel Card, globetrotters and business travellers can now enjoy a secure, convenient, and flexible way to manage multiple foreign currencies while abroad.
Whether navigating the bustling streets of New York, enjoying the romantic canals of Venice, visiting royal landmarks in London, marveling at Dubai’s futuristic skyline, breathing in the fresh mountain air of the Canadian Rockies, or exploring the vibrant markets of Chinatown, PNB’s travel card offers a seamless experience for handling finances in various countries.
The PNB Multi-Currency World Travel Card supports six major foreign currencies: US Dollar (USD), Euro (EUR), British Pound Sterling (GBP), UAE Dirham (AED), Canadian Dollar (CAD), and Singapore Dollar (SGD). Customers can effortlessly carry and switch between these currencies on a single card, eliminating the need to juggle multiple cards for different destinations.
One of the key advantages of the PNB Multi-Currency World Travel Card is its ability to lock exchange rates when loading the card with one or more currencies. This feature shields customers from fluctuating exchange rates, providing peace of mind when traveling and spending abroad.
The card can be used at ATMs, POS terminals, and for online transactions globally, except in India, Nepal, and Bhutan. It enables contactless payments and allows users to withdraw cash in local currencies, providing a seamless payment experience across countries.
Powered by Mastercard, the PNB Multi-Currency World Travel Card boasts advanced security features like 3D Secure and Chip-and-PIN technology, along with real-time transaction alerts. Customers can easily monitor their spending, reset ATM PINs, block the card, and manage their travel finances through PNB’s online portal.
To ensure maximum protection, the card comes with insurance coverage of up to Rs 3.50 lakh in the event of theft or misuse. Any Indian resident with a valid visa, passport, and PAN card can apply for the card, which is valid for five years with no balance maintenance requirements. Whether for a short business trip, a long vacation, or multiple journeys across countries, the PNB Multi-Currency World Travel Card is the ideal travel companion.
