Emirates NBD launches multi-currency ‘GlobalCash Card’
Emirates NBD, a leading bank in the region, has launched the Emirates NBD GlobalCash card, a multi-currency travel card in partnership with Mastercard, a leading technology company in the global payments industry, making it the first UAE bank to offer this service to its customers.
Powered by Mastercard Prepaid Management Services, the Emirates NBD GlobalCash card is the most advanced platinum multi-currency prepaid program in the market, with the maximum number of currency wallets in the UAE and MENA region. The card works like a General Purpose Reloadable (GPR) card with Dirhams while in the UAE and as a multicurrency prepaid travel card when travelling overseas with the top 14 foreign currencies preferred by UAE residents. The Emirates NBD GlobalCash card is Mastercard’s first and fully integrated multi-currency prepaid card program issued by a financial institution in the UAE.
The card allows customers to load 14 popular currencies used by UAE residents when travelling: USD, GBP, Euros, Indian, Pakistani and Sri Lankan Rupee, Philippine Peso, Saudi Riyal, Australian Dollar, Turkish Lira, Swiss Franc, Canadian Dollar, Thai Baht, South African Rand in addition to the UAE Dirham. The versatile feature enables customers to not have to worry about carrying or withdrawing foreign currency while traveling overseas. The card can be used globally at over 37 million locations for point of sale transactions, ATM withdrawals and online purchases - anywhere the Mastercard logo is displayed.
Customers can view their transactions and balances via the bank’s online banking platform or the GlobalCash mobile app. Leveraging Emirates NBD’s multi-channel network, the card can be reloaded in available currencies from a linked bank account via online banking or via Emirates NBD branches. In addition, the card can also be loaded in UAE Dirhams at Emirates NBD’s cash deposit machines