Jan 10, 2018 · What is Forex Card & All Your Questions Related to Forex Card are Answered here. Forex Card, which is also called Travel Card, Prepaid Card, Traveller’s Card, Prepaid Travel Card is like your debit card. Forex Cards are used for making payments while you are travelling abroad. You can pre-load money in the denominations of foreign currency Service Charges - Welcome to Indian Overseas Bank Levy of Penal Charges on Non-Maintenance of Minimum balance in Savings Bank accounts w.e.f 01.04.2018; Service Charges Updated 01.07.2017; Schedule of Forex Service charges effective from 01.09.2015; Implementation of service charges for SMS ALERT,IMPS,CERSAI and CIBIL w.e.f. 12.12.2016