New Delhi, May 19 -- Currency exchange service provider BookMyForex (BMF), a MakeMyTrip company, has launched a new forex card with two key offerings-zero fee on ATM withdrawal and cross-currency conversion.

International ATM withdrawals with debit, credit, and forex cards levy a Rs.150-500 fee per transaction. But the Global Forex Card, a single-currency forex card denominated only in US dollars, doesn't charge this fee.

The BMF card also solves the biggest challenge associated with forex cards-cross-currency conversion. When forex cards are used in a country with a currency different from the one loaded, a cross-currency fee of 2-3.5% is charged.

A forex card loaded in USD used in Sri Lanka will carry forex charges at two points: fir...