For purchases above USD 10, or equivalent in other currencies, you will be requested to provide proof of underlying for the respective transactions. Online platforms such as the SC Mobile App and Straight to Bank can only be used for electronic payments.

Advance notice is only required for cash purchases which can be done at any Standard Chartered Branch near you. Yes, cancellation of a forex transaction that has already been booked will attract a charge due to adverse market movements. Foreign Exchange Talk to us Talk to us.

Investments Foreign Exchange Foreign Exchange Talk to us Talk to us. Foreign Exchange made simple with Standard Chartered Wealth Management By leveraging on our international footprint, we can offer clients access to an unparalled range of emerging market and G10 currencies. Competitive Rates Negotiate for preferential rates for your foreign exchange transactions.

Quick and Easy Faster TAT — Settlements made within 48hrs on all currencies. Convenience Make telegraphic transfers in 19 currencies using our online platform.

Market updates at your fingertips Gain a winning edge with exclusive accces to economic updates, We tap into our global network and resources to analyse financial markets around the world and identify investment opportunities. Key Features. Wide range of currencies Make telegraphic transfers in 19 currencies using our online platform. EUR 4. SGD 5. AUD 6.

CAD 7. JPY 8. CHF 9. HKD NZD THB ZAR SEK NOK DKK AED BHD KWD OMR Scenario 4 — If you transact in currency which is not offered on the card, the transaction will be processed by debiting default currency USD.

Cross currency conversion would take place as per applicable rates. Partial transactions in different currencies are not allowed. If you do not have sufficient balance to process the transactions individually in any of the currencies available on your card, the transaction is declined even if the collective balances on the card across all currencies is sufficient to process the transaction. Else the amount needs to be refunded within days from the date of arrival.

This is as per RBI guidelines. To cancel your Forex Card, we request you visit your nearest Standard Chartered Bank branch and place a request towards cancellation of the card. Your request will be processed within one working day of us receiving the request and the available balance on the card will be refunded back to your account.

There are no charges towards the cancellation of your Card. However, currency conversion charges as applicable from time to time will be deducted at the time of providing credit to you.

There is no limit imposed on the usage of your Forex Card at POS. You can utilise any amount, up to the value loaded on the Forex card at any POS terminal. In such cases, you might need to do multiple transactions if you want to withdraw any amount higher than that allowed in one transaction. Forex Card, offered on VISA platform, is pre-enabled for Verified by VISA that allows you to securely perform Ecommerce transactions.

Your Forex Card can be reloaded multiple times in future till the card gets expired. If you are abroad then you can use the online reload facility through the customer portal.

The request will be processed within 1 working day. You can submit online reload request using the Customer Portal. You can see only those currencies on the customer portal which you had requested the branch to load on your card. Once you place the request, you will see an acknowledgement page. This is a confirmation that your request has been placed. You can find a country wise list of GCAS numbers on VISA website.

In case your card gets lost or stolen, all you have to do is call Phone Banking immediately and report the loss of your card. This facility is available 24 hrs on all days. You can request Phone Banking to activate your backup card. Once the backup card is activated, all the funds from your primary card will be transferred automatically and instantly to the backup card.

If your Card has expired before all funds have been utilised, you can contact Phone Banking or any of our Standard Chartered Bank branch for placing a refund request of the unutilised balance. In case you wish you get a replacement card, you can place a request at any of our Standard Chartered Bank branch.

The card has inbuilt intelligence to process the transaction if there is sufficient fund in any of the available currencies to authorize the transaction. If there is no sufficient balance in the transaction currency, the payment is processed by debiting the currency with sufficient balance.

Please note that if there is no sufficient balance in any currency then the transaction will be declined even if collectively, across the currencies, the card has sufficient balance.

Please note that cross currency conversion charges will be applicable in cases where the transaction is processed by utilizing funds from different currency. You can place a replacement request either through your Relationship Manager or visit your nearest Standard Chartered branch. The charges for reissuance are given in schedule of charges.

For ATM transactions you need to enter the PIN and for Internet transaction you need to enter your 3D secure PIN. You can check the balance on all the active currency wallets on Multi-Currency card through the customer portal. Alternately, you can also contact our Phone Banking services to check the balance on your Multi-Currency Card. Your Forex Card should not be used towards temporary charge blocks — e. paying deposits at hotels, hiring of cars etc.

These charges are levied by the ATM service provider over and above the charges levied by the Standard Chartered Bank, and Standard Chartered Bank has no control over the charges as these charges are not levied by Standard Chartered Bank. These charges are normally displayed to the customer during the transaction and the customer has the option to either proceed with the transaction or abort if the charges are not acceptable to the customer.

If the transaction is done in base currency currency with which the card was loaded , there is no exchange rate applicable. You can change the PIN using the Customer Portal.

You can view the transactions using the Customer Portal. You can get the statement using the Customer Portal. This will unblock your User ID as well. You are automatically entitled to the rewards at your membership tier subject to the specific Terms and Conditions applied. Standard Chartered Bank UAE is licensed by Securities and Commodities Authority SCA to practice Promotion Activity. Information on this webpage is for reference and general information only and it does not constitute an offer, recommendation, solicitation to enter into any transaction or adopt any hedging, trading or investment strategy, in relation to any securities or other financial instruments.

The content on this webpage has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice nor an investment recommendation. It has been prepared without regard to the specific investment objectives, financial situation or particular needs of any particular person. Fluctuation in the exchange rate of a foreign currency may result in gains or significant losses in the event deposits of one currency is converted to another currency.

Trade FX Your SC Mobile app puts a world of real-time FX opportunities in your pocket START TRADING NOW START TRADING NOW. What is Trade FX? Show More Show Less. This one-stop FX trading platform empowers you. Limit orders to target exchange rate for automatic trade of chosen currency pairs. High-quality analytics, real-time economic indicators, and FX-specific insights. Instant notifications for rate alerts, trade executions and membership upgrades.

Get started in these easy steps on your SC Mobile App. STEP 1 Log in to your SC Mobile app. STEP 3 Select your preferred currency pairs and start trading. We help you grow your wealth With so many choices out there, investing can be complex.

Investment Solutions With a full suite of wealth solutions to help grow and manage your wealth, we make it easier for you to capitalise on opportunities around the world. Latest Market Insights Stay updated with the latest market trends and insights that will help you make informed investment decisions.

Trade FX membership program tiers Our unique FX membership program offers four tiers of membership: Green, Blue, Silver and Gold. They are determined by the transaction amount you accumulate in your account every half-year. Membership Tier. FAQs What are the service hours?

This is to inform that by clicking on the hyperlink, you will be leaving sc. Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website.

In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www. By leveraging on our international footprint, we can offer clients access to an unparalled range of emerging market and G10 currencies. Enjoy preferential pricing on foreign exchange remittances with higher amounts by calling your Retionship Manager. Foreign exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or significant losses in the event that the customer converts deposit from the foreign currency to another currency.

We do not support opening of forex trading accounts currently. What we do support is opening Foreign Currency FCY accounts that our clients use to settle their financial obligations in FCY. To purchase a foreign currency, this can be executed via our SC Mobile App, through our business digital banking Straight to Bank or at a branch near you.

Foreign exchange can be bought to support settlement of transactions in foreign currency e. payment of school fees abroad, purchases etc. Currencies are available as per our counter rates sheet as displayed in the Standard Chartered branches board rates.

Markets move depending on various factors e. geopolitical events, change in commodity prices such as oil, gold, silver etc. For the purchase of any foreign currency, always ensure that amounts and currencies being sent are accurate to avoid reconciliation challenges.

For purchases above USD 10, or equivalent in other currencies, you will be requested to provide proof of underlying for the respective transactions. Online platforms such as the SC Mobile App and Straight to Bank can only be used for electronic payments.

Advance notice is only required for cash purchases which can be done at any Standard Chartered Branch near you. Yes, cancellation of a forex transaction that has already been booked will attract a charge due to adverse market movements. Foreign Exchange Talk to us Talk to us. Investments Foreign Exchange Foreign Exchange Talk to us Talk to us.

Foreign Exchange made simple with Standard Chartered Wealth Management By leveraging on our international footprint, we can offer clients access to an unparalled range of emerging market and G10 currencies. Competitive Rates Negotiate for preferential rates for your foreign exchange transactions.

Quick and Easy Faster TAT — Settlements made within 48hrs on all currencies. Convenience Make telegraphic transfers in 19 currencies using our online platform. Market updates at your fingertips Gain a winning edge with exclusive accces to economic updates, We tap into our global network and resources to analyse financial markets around the world and identify investment opportunities.

Key Features. Wide range of currencies Make telegraphic transfers in 19 currencies using our online platform. Preferencial pricing Enjoy preferential pricing on foreign exchange remittances with higher amounts by calling your Retionship Manager.

What is Forex? Foreign exchange is the process of changing one currency into another. We currently do not offer prepaid cards. Read More Read Less. Related Links. SC Mobile. Online Banking.

Traders need to know that periods of market activity and calm usually alternate each other, and the price tends to return to the average level every time: The rise of the SD line means high volatility because the closing price and the average closing price significantly differ. partner with us,why our proven experts do the trading for you learn more. Enjoy preferential pricing on foreign exchange remittances with higher amounts by calling your Retionship Manager. The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. Membership Tier. Not applicable to: 1.

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