PNB World Travel Card: Check benefits, eligibility, limits, documents required and other details

New Delhi: PNB World Travel Card is a prepaid foreign currency card offered by Punjab National Bank. It is designed for travellers to make purchases and withdraw cash while travelling abroad. The PNB World Travel Card is a useful and safe option for travellers who want to manage their expenses while travelling abroad. It can be loaded with multiple foreign currencies, including USD, EUR, GBP, and more. It offers secure and convenient access to funds while travelling, as it eliminates the need to carry large amounts of cash. The card also comes with features such as zero issuance fee, round-the-clock customer service, and SMS alerts for transactions. Additionally, it provides protection against currency fluctuations and is widely accepted at ATMs and merchant outlets globally.

Notably, an individual cannot possess more than one card of the same currency at a time. However, if they are visiting multiple countries during a single trip and desire to carry different cards for different currencies, multiple cards in different currencies can be issued within the overall RBI-approved limits for the trip.

Benefits

The foreign currency rate is set at the time of card issuance/recharge, providing protection against future currency fluctuations.

Individuals do not need to search for currency exchanges and pay extra fees for transactions.

If the card is lost, it can be deactivated at one’s convenience.

The bank provides insurance coverage of up to Rs.3.50 lakh in case of loss and misuse of the card.

PNB customers can check their card’s balance and translations online.

Any unused balance left on the card will be returned to the customer.

The card can be recharged multiple times within the limit.

Eligibility

All Indian citizens with a valid PAN card who wish to travel abroad (excluding Nepal and Bhutan) for any purpose allowed by the Reserve Bank of India (RBI) are eligible for the card.

Validity

The cards come with a pre-printed expiration date in the format of MM/YY and cannot be extended. If the card’s validity has lapsed, the customer will have to take a new card.

The remaining balance, if any, from the old card can be transferred to the new card through the designated branch of WTC. However, this request must be made at the issuing branch.

Documents needed

• Application form
• Copy of PAN Card
• Copy of valid passport
• Copy of VISA
• Latest photograph of the customer (For walk-in-customer)
• Declaration form cum A2

Transaction limit

The cash withdrawal limit per transaction at ATMs is determined by the ATM provider in the country being visited, with a daily maximum of $1000/€800/£500. No upper limit has been established for card usage at merchants (POS). However, local acquirers (overseas outlets) may impose their own limits.