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YES BANKForex & prepaid travel card

YES BANK Multi Currency Travel Card

YES BANK's live but transitional Multi Currency Travel Card proposition: legacy cards are being deactivated during a system upgrade, while customers can obtain replacement cards and new travellers can still approach branches for issuance.

First-party evidencePublished researchReviewed September 10, 2026Active Transition
Open primary bank source ↗Bank dossierCompare alternatives
Issuance / reload / travel-card costsYES BANK's current migration page points customers to the applicable schedule and replacement process. A separate current BookMyForex co-branded schedule publishes zero standard issuance/reload/refund, 3.5% cross-currency markup and currency-specific ATM fees; those partner-card economics are kept distinct from older legacy MCTC tariffs.
Loaded currency walletsMulti-currency prepaid balances. YES BANK's current Visa MCTC material lists up to 14 currency wallets, while migration/replacement status now controls continued usability of older cards.
ATM / load / usage limitsCurrency-specific ATM/POS ceilings are published in card schedules, but v1.53 keeps BookMyForex-card limits separate from the legacy MCTC schedule and does not merge them into one universal YES BANK limit.
Prepaid card / funding / regulatory relationshipYES BANK prepaid travel-card relationship currently in a migration/replacement state. BookMyForex co-branded card terms and older YES BANK Visa MCTC terms are related but not interchangeable.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

4 first-party sourcesProduct state: Active Transition
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateRecheck approaching

Target recheck: November 9, 2026.

Critical decision facts

Separate forex economics from overseas access and regulatory limits.

Markup, cross-currency conversion, ATM/POS usage, wallet funding and international controls can create very different travel costs.

01 · Issuance / reload / travel-card costsYES BANK's current migration page points customers to the applicable schedule and replacement process. A separate current BookMyForex co-branded schedule publishes zero standard issuance/reload/refund, 3.5% cross-currency markup and currency-specific ATM fees; those partner-card economics are kept distinct from older legacy MCTC tariffs.
02 · Loaded currency walletsMulti-currency prepaid balances. YES BANK's current Visa MCTC material lists up to 14 currency wallets, while migration/replacement status now controls continued usability of older cards.
03 · ATM / load / usage limitsCurrency-specific ATM/POS ceilings are published in card schedules, but v1.53 keeps BookMyForex-card limits separate from the legacy MCTC schedule and does not merge them into one universal YES BANK limit.
04 · Prepaid card / funding / regulatory relationshipYES BANK prepaid travel-card relationship currently in a migration/replacement state. BookMyForex co-branded card terms and older YES BANK Visa MCTC terms are related but not interchangeable.
Exact product-type evidence

Forex & prepaid travel card evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Forex prepaid-card operating map

Loaded wallet, transaction currency and refund state are different economics.

A prepaid forex card locks the currency purchased at load time, but ATM fees, cross-currency use, wallet conversion, inactivity and cash-out can still add cost. Ordinary debit-card forex pricing never fills a prepaid-card evidence gap. Reviewed September 10, 2026.

Card format / currenciesCurrent YES BANK Visa MCTC material lists up to 14 wallets: USD, GBP, EUR, CAD, AUD, SGD, AED, JPY, SAR, THB, CHF, ZAR, NZD and HKD. Current BookMyForex card material also uses a 14-wallet authorization structure.
Purchase / KYC eligibilityTravel-only prepaid product subject to branch KYC/passport/travel verification. Current migration page states existing holders can request replacement and new travellers can visit branches for a card.
Load / reloadReloadable subject to FEMA limits. Exact fee depends on the live card programme: current BookMyForex standard schedule lists ₹0 reload while older legacy MCTC material lists ₹100; these are deliberately not merged.
Load / exchange-rate mechanicsYES BANK states the final applicable card rate is the rate prevailing at transaction/processing and may differ from displayed website rates. Conversion from one wallet/currency to another follows the applicable card/programme rate.
Overseas ATM / cashCurrency-specific ATM fees and limits apply. Current BookMyForex schedule, for example, lists USD 2 ATM withdrawal and USD 1 balance enquiry with USD 1,000 daily ATM ceiling; legacy MCTC schedules differ.
POS / e-commerceDesigned for overseas POS/e-commerce/ATM use. BookMyForex FAQs describe wallet-priority authorization and decline where no single wallet has sufficient funds; DCC usage should be avoided.
Cross-currency usageCurrent BookMyForex schedule lists 3.5% cross-currency markup. Older legacy MCTC schedule shows 2.75%, so the rate must be tied to the actual issued/replacement card programme.
Wallet conversionCard uses a defined currency-authorization order when matching wallet funds are insufficient. Cross-currency conversion applies and partial aggregation across multiple insufficient wallets is not allowed.
Issuance / reload / service feesProgramme-specific. Current BookMyForex standard schedule: ₹0 issuance/reload/refund, 3.5% cross-currency, ₹250 India replacement and ₹3,000 overseas replacement; older legacy YES MCTC has different fees.
Inactivity / expiryCurrent migration page offers replacement cards with two-year validity for customers continuing use. BookMyForex standard schedule lists ₹0 inactivity after 12 months; legacy terms differ.
Refund / closureCurrent migration page provides branch support for card balance/status. BookMyForex standard schedule lists ₹0 refund fee, while legacy MCTC terms historically differed.
Replacement / emergency supportMigration workflow specifically requires replacement for continued use of affected/legacy cards. Existing balances/details are transferred to the replacement card; replacement pricing depends on programme.
FEMA / RBI controlsUse/load remains subject to RBI/FEMA rules and sanctioned/high-risk-country restrictions. YES BANK also imposed additional geographic e-commerce restrictions after the February 2026 fraud incident.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Issuance / reload / travel-card costsYES BANK's current migration page points customers to the applicable schedule and replacement process. A separate current BookMyForex co-branded schedule publishes zero standard issuance/reload/refund, 3.5% cross-currency markup and currency-specific ATM fees; those partner-card economics are kept distinct from older legacy MCTC tariffs.
Loaded currency walletsMulti-currency prepaid balances. YES BANK's current Visa MCTC material lists up to 14 currency wallets, while migration/replacement status now controls continued usability of older cards.
Forex-card capabilitiesUp to 14 currencies, overseas Visa acceptance, branch issuance/replacement, wallet-priority processing, load/reload, transaction statements/support and replacement-card migration during the current system upgrade.
ATM / load / usage limitsCurrency-specific ATM/POS ceilings are published in card schedules, but v1.53 keeps BookMyForex-card limits separate from the legacy MCTC schedule and does not merge them into one universal YES BANK limit.
Traveller / KYC eligibilityInternational travellers subject to KYC/passport/travel/FEMA documentation. Current migration page says new customers planning overseas travel can visit YES BANK branches with KYC documents.
Prepaid card / funding / regulatory relationshipYES BANK prepaid travel-card relationship currently in a migration/replacement state. BookMyForex co-branded card terms and older YES BANK Visa MCTC terms are related but not interchangeable.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

YES BANK customers or travellers who specifically want the bank's multi-currency prepaid card and are willing to confirm the current replacement/new-issuance state at a branch before travel.

Verify before relying
  • Legacy Multi Currency Travel Cards are being deactivated as part of a system upgrade; existing users are directed to obtain a replacement card.
  • A February 2026 security incident affected specific BookMyForex prepaid-forex-card BINs; YES BANK restricted transactions from the affected geography and pursued chargebacks.
  • Do not combine the current BookMyForex zero-fee schedule with the older legacy MCTC ₹125/₹100/₹75 fee schedule as if both apply to the same card state.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

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First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcewww.yes.bank.in
Open source ↗02
Additional first-party evidencewww.yes.bank.in
Open source ↗03
Additional first-party evidencewww.yes.bank.in
Open source ↗04
Additional first-party evidencewww.yes.bank.in
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.