Hi, I currently own an SBM Niyo savings account and a Visa Signature Forex Card. I took it because I am planning to study at the UK. I would like to have clarifications regarding international transactions.
It is required for me to pay an initial deposit as fees to my university. The fees is to be paid from India to the UK. The amount might vary from 4 lakhs to 7.5 lakhs INR. Is it possible for me to send this much amount in GBP to UK from India ?
Heard that this card and app is still in beta testing phase. Is this going to give me any trouble when I reach abroad and try to make payments (contactless and pos) on supermarkets, public transport, university fees etc ?
Also, when is the “Lounge access program” getting launched with Niyo SBM Visa Signature Card ?