International Transaction or Forex Related

How is this card different from other forex cards?
You can load this card in INR, and use it at any VISA-accepting merchant in the world, including in India. No matter where you use your Niyo Global by SBM c...
Fri, 10 Sep, 2021 at 1:05 PM
Will I have to apply for forex card?
No, you can use the same VISA Signature card for all international transactions. You just have to enable the international transactions through your Niyo Gl...
Fri, 10 Sep, 2021 at 1:05 PM
How do I enable the international transactions?
You can enable international transactions in just a few simple steps: 1. Go to 'Card Settings' 2. Click on 'Other Locks' 3. Tap on Int...
Fri, 10 Sep, 2021 at 1:06 PM
What currencies does this Card support?
Your INR will get auto-converted into the currency of the country you would be using the card at. Niyo Global by SBM card works in over 150 countries.
Fri, 10 Sep, 2021 at 1:06 PM
What is the exchange rate applied?
Niyo applies the VISA exchange rate. You can check the live currency rate in the currency converter in the app.
Fri, 10 Sep, 2021 at 1:06 PM
How do I know the currency rate of a particular country?
You can check real-time VISA rate via the official VISA exchange rate calculator in the app.
Fri, 10 Sep, 2021 at 1:06 PM
Which payment methods can my card be used for?
Your card can be used to withdraw money from an ATM and to make any in person (POS) or online purchases.
Fri, 10 Sep, 2021 at 1:07 PM
What are the ATM charges on international transactions?
For International ATM transactions : ₹100 + applicable taxes
Fri, 10 Sep, 2021 at 1:07 PM
Is TCS applicable on international transactions?
Yes, TCS is applicable when your international transactions exceed ₹7 lakhs in a given financial year.
Fri, 10 Sep, 2021 at 1:07 PM
How is TCS calculated?
In a given financial year, when your international transactions exceed ₹7 lakhs, a fee of 5% is charged for the incremental amount exceeding ₹7 lakhs. For m...
Fri, 10 Sep, 2021 at 1:07 PM