Travel firm Thomas Cook (India) has partnered with RBL Bank to distribute its multi-currency borderless prepaid card through the bank's 185 branches across the country.
This would give India's outbound consumers enhanced access and convenience, Thomas Cook India said in a statement on Thursday.
The card offers travellers the advantage of loading up to eight currencies on a single prepaid card (US Dollars, British Pounds, Euro, Australian Dollars, Canadian Dollars, Swiss Francs, Singapore Dollars & Japanese Yen), it added.
Commenting on the development, Thomas Cook (India) Foreign Exchange COO Mahesh Iyer said: "Our collaboration with RBL Bank takes our legacy as innovators & pioneers in the travel and payment solutions business a definite step forward."
The card has features such as instant loading, emergency cash disbursement and free replacement card in case stolen or lost besides 24x7 global emergency assistance via toll free access in over 80 countries, Thomas Cook India said.
"With increasingly large number of Indians commuting abroad for the purpose of business, leisure and education, a single card with provisions for 8 currencies will certainly increase travellers' convenience and enhance security as well," RBL Bank Senior vice president and Direct Banking Channels Head Ritesh Pai said.
The bank will leverage it's network of branches across the country to market this outstanding product to a large number of patrons, he added.