The International debit Card issued by the Bank can be used for all domestic transactions and non-trade transactions notified below involving foreign exchange permitted under the Foreign Exchange Management Act and the Rules framed there under by Reserve Bank of India from time to time.
Private visits, Business travel, Fee for participation in global conferences and specialized training, Remittance for participation in international events / competitions (towards training, sponsorship and prize money), Film shooting, Medical treatment abroad, Overseas education, Remittance under educational tie up arrangements with universities abroad, Disbursement of crew wages, Remittance towards fees for examinations held in India and abroad and additional score sheets for GRE, TOEFL, etc. Employment and processing, assessment fees for overseas job applications, Emigration and emigration consultancy fees, Skills / credential assessment fees for intending migrants, Visa fees, Processing fees for registration of documents as required by the Portuguese / other Governments, and Registration / subscription / membership fees to International Organisations.
The debit card should not be used for collecting and effecting / remitting payments directly /indirectly outside India in any form towards overseas foreign exchange trading through electronic/internet trading portals.
The usage of the card should be in strict compliance with the applicable Exchange Control/Foreign Exchange Management Regulations and any violation thereof will result in cancellation of the card and make the cardholder liable under relevant provision of the Act/Regulations. You are bound to furnish all the details in respect of any transaction entered into for facilitating any investigation.
As per RBI guidelines PAN is mandatory for transacting through international debit cards outside India in ATM / Point of Sale transactions or on an International website. Kindly activate the international usage by submitting your PAN number for your Equitas VISA Debit card. Visit your nearest branch or contact Customer Service at 1800 103 1222.