
Great tips for buying Forex while travelling
Table of contents
Before we share some tips for Buying Forex, here is a quote by Neil deGrasse Tyson.
“The day we stop exploring is the day we commit ourselves to live in a stagnant world, devoid of curiosity, empty of dreams.” – Neil deGrasse Tyson
Travelling is what helps you break the everyday monotony and do something interesting that will soothe your soul. It helps you to explore new lands and find yourself among new cuisine, landscapes and people.
Such a life changing trip involves planning; reservation of hotels, booking the tickets, planning the itinerary and also keeping in hand some local currency. This blog is here to specifically help you make the best decisions when it comes to foreign currency or foreign exchange (forex).
Here are some great currency exchange tips for buying forex
The Right Channels:
There are many channels from which you can get forex such as travel agencies, money lenders, banks and even at airports. The first thing to keep in mind is to make sure is that the source is a RBI authorized dealer. Most travel agencies and money lenders take minimal fees per dollar and are the best places to exchange money from. Tip: Avoid getting foreign exchange from airports as they tend to charge a heavier fee.
Credit cards/Debit Cards/Prepaid Cards:
Most credit/debit cards tend to work across the globe; however, banks charge additional fees for each transaction – whether you withdraw money or swipe the card in a foreign country. Hence it is advised to apply for and take along a borderless prepaid card. These allow you to load up to 8 currencies and are also do not levy a hidden fee upon use.
Buy Forex in Advance:
The forex exchange rates keep changing over the course of the year. We advise you keep a track on the INR to US dollar rates and buy your forex in advance before heading off on your trip. Last moment transactions sometimes provide you with a comparatively higher rate, cutting off a lot from your travel budget.
30-70 Rule:
We advise you follow a simple rule of “30-70” while travelling abroad on your vacation. This rule suggests you divide your travel spending money into a ratio where 30% of it is kept on your person as cash and the rest of the 70% is kept with you as e-money on your card. This ensures you have enough money in hand for on-the-spot purchases or emergencies, and also prevents extreme loss of money in case of a theft or loss of your wallet.
Encash leftover Forex:
It is very likely that you still have a good amount of forex still with you even after you get back from your vacation. In such a case, we advise you to encash the money still present in your forex card/account. You could also keep it in your account and use it on your next vacation abroad, but if you haven’t planned one in the near future, that extra cash can sure come in use.
Read more on the things you should keep in mind while you buy foreign exchange. Keep these great tips for buying forex in mind the next time you’re planning a trip and are ready to head out on an amazing vacation that will change the way you live your life.
Table of contents
Our Forex Offerings
Choose the Right Forex Solution for Your Travel Needs
At Thomas Cook India, all your foreign exchange needs are in safe hands. You can buy forex or sell forex at competitive rates for a variety of purposes like travel, education or overseas transactions. Select from a variety of smart solutions like a secure forex card (one currency card or a multi-currency forex card), buy cash currency or do online transfer. Also, stay updated with live currency exchange rate trends, including INR to USD, USD to INR, AED to INR, AUD to INR, INR to AED and many more. Whether you want to send money to India, load a forex card or exchange currency, Thomas Cook has a fast, transparent, and seamless experience online and across its branches.
Recommended Articles for you
Best Places to Visit in India in September – The Ultimate Travel Guide
2 0 September is one of the best months to travel across India. The monsoon begins to retreat, waterfalls remain full, hill stations turn lush green, and many destinations are less crowded than during the peak holiday season. Whether you’re […]
Best Countries to Visit in July from India
1 0 July is the peak of monsoon in India, but in many parts of the world it is a beautiful summer season. This is why July is a great time for international travel. If you are planning your next […]
Breathtakingly Beautiful Places to Visit Near Mumbai During Monsoon
1 1 Monsoon is one of the most beautiful seasons in India. On the one hand, you get lashing rains and cool, misty weather. On the other hand, you get to see green valleys, roaring waterfalls, and other magical natural […]
Best Monsoon Destinations in India for July and August
1 0 When you plan your annual vacation, you often think about travelling in summer or winter. But have you considered travelling in the rainy season? Well, the most magical holidays happen when you go offbeat and make an epic […]
Best Places to Visit in Monsoon in India
1 0 India is one of the most beautiful countries in the world. And, at certain times, the magic simply comes alive. The monsoon is one of them. With the rains lashing different parts of the country, the flora, fauna, […]
21 Best Places to Visit Near Pune in Monsoon
12 0 Often called the twin city of Mumbai, Pune is a unique and lively metropolis in Maharashtra. With tons of great Places to Visit in and around the city, surely every avid traveller will love to explore the absolute wonders […]
10 Best Places To Visit In July In India On A Budget
2 0 Looking for the best places to visit in July in India without spending too much? July is one of the most rewarding months to travel. The monsoon transforms hills, forests and waterfalls, while many destinations offer attractive off-season […]
Temples and Traditions: Exploring the Culture of North India
1 1 North India is basically one giant temple trail. From the Himalayas to the Gangetic plains, this region has temples that are old, powerful, crowded, freezing, burning hot, and occasionally all of those things at once. If you are […]
Best Places to Visit in October in India – Ultimate Travel Guide 2026
-1 0 October is truly a magical time to travel within India. The post-monsoon nourishment of nature, coupled with pre-winter temperatures, makes this an ideal travel time. You can explore most of the country very smoothly, and make the best […]
Explore Famous Temples and Spiritual Places in Gujarat
6 1 Gujarat does not disappoint when it comes to temples. This state has Jyotirlingas, Shakti Peethas, Jain temple complexes that require a 3,000-step climb, and a temple so old it predates most countries. If you are doing a spiritual […]
Tulip Festival Kashmir: Tulip Season, Garden Guide and Travel Tips
0 0 The annual tulip festival in Kashmir is one of the most anticipated shows. Around spring each year, millions of tulips start blooming in Srinagar’s Indira Gandhi Memorial Tulip Garden. It is one of the most spectacular naturally occurring […]
Explore the Rich Flavors of Gujarat’s Culinary Heritage with a Taste of Gujarat’s Delectable Dishes
19 2 If you think Gujarati food is just sweet dal and thepla, you have been eating at the wrong places. Gujarat has a full-blown food culture that goes way deeper than what your aunt brings to family functions. The […]
The Sacred Sands of Puri: Unravelling the Mysteries of Jagannath Temple & Beyond
9 0 About Jagannath Puri Temple — Overview & Significance Puri Temple is located on the seaside by the Bay of Bengal. It is a commanding structure which is home to Lord Jagannath and his siblings. It is one of […]
Top 10 Hill Stations in Tamil Nadu
4 2 Best Hill Stations in Tamil Nadu Tamil Nadu has some of the most beautiful hill stations in India. From the bustling Ooty to the quiet Yelagiri, you have a huge variety of options to choose from. Listed below […]
Places to Visit in Ooty – The Queen Of Hill Stations
18 7 Planning a trip to Ooty? Known as the Queen of the Hill Stations, Ooty is one of South India’s most popular holiday destinations. From mist-covered hills and tea gardens to lakes, viewpoints and the famous UNESCO-listed Nilgiri Mountain […]
Devkund Waterfall Trek: Distance, Location and Complete Guide
1 0 Are you sitting there at your desk on a Friday afternoon, looking for “weekend trek near Mumbai” for the hundredth time? And does every result say it is either too expensive or requires three days of leave that […]
List of 14 Famous Places to Visit in Shimla
12 3 Shimla does not need an introduction. It is the hill station that basically invented hill stations for India. The British built it, the tourists overran it, and somehow it still works. If you are planning a trip and […]
Top 5 Monuments in Maharashtra That You Must Visit At least once
13 2 Maharashtra’s history lives through its hill forts, ancient rock-cut caves, colonial landmarks and royal structures. From the Gateway of India in Mumbai to the centuries-old Ajanta and Ellora Caves, the famous monuments of Maharashtra tell stories from […]
Walk Through the Timeless Beauty of Angkor Wat Temples
0 0 Nestled deep within the lush, tropical forests of northwestern Cambodia lies one of the most remarkable and enigmatic architectural wonders of the ancient world— Angkor Wat. This colossal temple complex, built in the early 12th century, stands as […]
Places to Visit in Busan: Top Attractions & Things to Do
0 0 Do you ever find yourself sitting for days, often weeks deliberating where to go on your next holiday? Can’t choose between sipping on some piña colada on a calm beach or partying all night in the heart of […]
Call Us
18002099100

