Forex Bank
Does SBI bank issue credit visa cards for its normal customers?
For trading on foreign exchange on internet it requires a visa credit card. Is it true?
But i own a visa debit card and its not working.
Somebody please help.
I am interested on Forex but cant get in because of this!
Debit and credit cards are two different things.
SBI does not issue VISA credit cards to people based merely on the fact that they are normal customers at the bank. You have to apply for a credit card with them. They will review your financial position and make a decision regarding whether you are creditworthy (approved) or a credit risk (declined).
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Basically, what you are saying is that you want to get a credit card and use the money to gamble on stocks. Not really a good plan in this economy (or any economy for that matter), in my opinion.
I do see one option. You probably could get a ’secured’ credit card, meaning that you give the bank X amount of cash money, and they issue you a ‘credit card’ with that same amount on it. That will work on the site you are talking about.
Forex Bank Careerbook 5 Answers
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August 21, 2010 12:44 pm 
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