Are you looking to cancel your Axis Multi Currency Forex Card but don’t know where to send the cancellation check? This detailed guide will walk you through the steps on how to send the cancellation check, ensuring a smooth and hassle-free process.
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Understanding Axis Multi Currency Forex Card
An Axis Multi Currency Forex Card is a prepaid card that allows you to easily manage your foreign exchange needs. It empowers you to load multiple currencies onto a single card, eliminating the need for carrying cash or exchanging currencies at unfavorable rates. However, if you no longer require the card’s services, canceling it and sending a cancellation check is essential to avoid unnecessary charges or liabilities.
Step-by-Step Guide to Sending Cancellation Check
1. Gather Necessary Documents
To cancel your Axis Multi Currency Forex Card, you will need the following documents:
- Forex card cancellation form (available from Axis Bank website or branch)
- A check for the outstanding balance on the card (if any)
- A copy of your passport or ID proof
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2. Fill Out Cancellation Form
Carefully fill out the cancellation form, providing accurate information such as your name, card number, and the reason for cancellation. Ensure that you sign the form at the designated place.
3. Calculate Outstanding Balance
If you have any outstanding balance on your forex card, you need to send a check for that amount along with the cancellation form. Note that the check should be payable to “Axis Bank” and the amount should be in Indian rupees (INR).
4. Mail the Documents
Enclose the cancellation form, outstanding balance check (if applicable), and a copy of your ID proof in an envelope. Mail the envelope to the following address:
Axis Bank Card Division
N S Road,
Mumbai – 400002
5. Track Progress
Once you have mailed the documents, keep track of the progress by contacting Axis Bank’s customer care or visiting the nearest branch. They will provide you with an update on the status of your cancellation request.
Benefits of Canceling Your Forex Card
- Prevent Unauthorized Usage: Canceling your forex card immediately after you stop using it is crucial to safeguard against unauthorized transactions.
- Avoid Annual Fees: Axis Bank charges an annual fee for maintaining the Multi Currency Forex Card. Canceling the card helps you save on these recurring expenses.
- Peace of Mind: Once you cancel the forex card, you can have peace of mind knowing that you are no longer liable for any charges or fraudulent activities related to the card.
Additional Tips
- Inform Beneficiaries: If you have shared your forex card details with others, inform them about the cancellation to avoid any inconvenience.
- Check Closure Confirmation: After submitting the cancellation request, follow up with Axis Bank to ensure that the card has been successfully closed and no further charges will be incurred.
- Dispose Card Safely: Cut your forex card into pieces before disposing of it to prevent identity theft or misuse.
Send Cancellation Check For Axis Multi Currency Forex Card
Conclusion
Canceling your Axis Multi Currency Forex Card is a simple and important step to take when you no longer need the card’s services. By following the steps outlined in this guide, you can ensure that the cancellation process is smooth and hassle-free. Remember to gather the necessary documents, fill out the cancellation form accurately, and mail the documents to the specified address. By canceling your forex card, you can prevent unauthorized usage, avoid unnecessary charges, and maintain peace of mind.
