State Bank Foreign Travel Card - Personal Banking
स्टेट बैंक विदेश यात्रा कार्ड
State Bank Foreign Travel Card
State Bank Foreign Travel Card,is a prepaid Foreign Currency card that makes your foreign trip trouble-free and convenient. It is a Chip based EMV compliant Card which stores encrypted and confidential information. It offers you a convenient and secure way to carry cash anywhere in the world (valid worldwide except in India, Nepal and Bhutan).
SBFTC is available in nine Foreign Currencies viz. US Dollars (USD), Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (YEN), Saudi Riyal (SAR), Singapore Dollar (SGD) and United Arab Emirates Dirham (AED).
- International SIM card with 28 days validity period and upto 5 GB of data (Valid upto 30.11.2024)
Features
- Issued in association with VISA International and MasterCard Asia/Pacific Pte. Ltd.
- Accepted all over the world except in India, Nepal and Bhutan.
- Available for retail (students, tourists, pilgrims, medical needs, etc) and corporate customers (Companies, Government Departments, Public Sector Undertakings, etc.).
- Minimum amount of load/Re-load: USD 200/ GBP 120/ Euros 150/ CAD 200/ AUD 200 / YEN 15,800 / SAR 750 / SGD 250 / AED 750.
- Competitive exchange rates.
- Maximum amount of issue: As prescribed by Reserve Bank India (RBI) / Liberalised Remittance Scheme (LRS) / Foreign Exchange Management Act 1999 (FEMA) depending on the purpose of overseas visit. Presently, equivalent to USD 2,50,000.00 or equivalent per financial year for Education/ Employment/Medical/ Business Trip/Tourism/Pilgrimage.
- Reloadable any number of times, within the RBI / LRS / FEMA regulations cited above. Card can be reloaded at any authorised Branch.
- Operable by 4 digit PIN at ATMs and by PIN/Signature at Merchant Establishments.
- Free balance enquiry at State Bank Group ATMs in India and VISA /MasterCard ATMs overseas (at a charge).
- Free balance enquiry and view/download details of transactions through https://prepaid.sbi (VISA) or https://www.sbitravelcard.com (MasterCard).
- Add-on cards, not exceeding two (2) for VISA and one (1) for MasterCard, can be given for use of the card holder in case of loss / misplacement / defacement of the card.
- A 24 x 7 call centre to provide information and hot-listing (block) the card in case of loss / misplacement. Additionally, VISA SBFTC holder may block (temporary / permanent) online at https://prepaid.sbi
- Card can be used for online transaction (e-commerce) POS payment, ATM Cash withdrawal beside balance enquiry at ATM. Validation through VBV and use of CVV2 has been made mandatory in our system for performing e-commerce transaction for ensuring safety of the money of the cardholder. Ecommerce sites allowing transaction without validating VBV and CCV2 will be rejected by the bank.
- SMS/e-mails alerts for each transaction*.
- *Disclaimer: The service is dependent on the infrastructure, connectivity and services provided by the service provider. State Bank of India will not be liable for any delay, inability or loss of information in the transmission of alerts.
Variants :
A. On VISA platform, SBFTC is available as both Multicurrency and Single Currency Card.
Multicurrency Card
- Multi-Currency SBFTC is available in 9 foreign currencies, viz. US Dollar (USD), Pound Sterling (GBP), Euro (EUR), Japanese Yen (JPY), Canadian Dollar (CAD), Australian Dollar (AUD), Saudi Riyal (SAR), Singapore Dollar (SGD) and UAE Dirham (AED).
- Cardholder has option to load all available currencies on a single card.
Single Currency Card
- Single currency card in eight foreign currencies viz. US Dollar (USD), Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), Saudi Riyal (SAR) and Singapore Dollar (SGD).
- Cardholder has option to load all available currencies on a single card.
For more details, please refer to user guide, FAQ, Schedule of charges etc at website– https://prepaid.sbi
B. On MasterCard platform, SBFTC is available as Multi Currency card in seven foreign currencies viz. US Dollar (USD), Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD), Australian Dollar (AUD), Singapore Dollar (SGD) and UAE Dirham (AED).
For more details, please refer to user guide, FAQ, Schedule of charges etc at website – https://www.sbitravelcard.com
Eligibility
- Any resident individual {as per definition of FEMA, 1999 Section 2 (V)}, who plans to travel abroad except Nepal and Bhutan.
- Corporates for their employees whom they plan to send abroad for official purpose subject to completion of KYC norms.
- Parents/sponsors of the students going abroad for higher studies, in student’s name and can be subsequently reloaded up to the statutory ceiling, prescribed from time to time under FEMA guidelines 1999 and subsequent amendments.
- Foreign Nationals residing in India, subject to completion of KYC/FEMA norms.
Required Document
-
- Signed application-cum-agreement form.
- Copy of valid Passport.
- Copy of valid PAN card.
- Document confirming intended foreign travel like VISA, Ticket, Proof of admission to a foreign university / institute or any other document.
- Proof of residence in case the address is different from that appearing on passport.
How to Apply
All eligible customers have two options to apply for SBFTC:
Option1: Online Application: You can apply for SBFTC Application through RINB (https://www.onlinesbi.sbi/). Path to apply is ‘e-Services >> e-Cards >> Apply State Bank Foreign Travel Card’. A reference number is generated. Please take a printout of online application, and along with required KYC documents and papers visit any Authorised Branch for further processing for issuance of SBFTC.
Option2: Apply at Branch: Please visit any Authorised Branch, fill the application form and submit along with the required KYC documents and papers.
Download Section
Last Updated On : Monday, 04-11-2024
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
Prepaid Card
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above