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International Money Transfer
Salient features of the International Money
Transfer Service:
As a result of the
collaboration of the Department of
Posts, Government of India with the Western
Union Financial Services, USA, a state of the art
International Money transfer Service is now
available through the post offices in India,
which enables instantaneous remittance of
money from 185 countries to India. The recipients can in fact
collect the money in minutes after the sender has made the
remittance.
The service is
targeted to particularly fulfill the needs
of NRI dependent families in India, visiting International
tourists and foreign students studying in India.
The International Money Transfer
process is as follows: -
1. To avail of
this Service, a remitter goes to any one of the more than 100,000
Western Union Locations in the 185 countries in
which the Service operates , fills up a "To send money"
form and pays principal amount
and charges. The sender gets a
Money Transfer Control
Number on a receipt
after the transaction is sent through the system.
Thereafter, the sender calls up his/her payee and gives information on
the money sent. The Payee / Receiver goes to the
post office , fills up a "To receive
money" form shows valid identification and receives money
along with the receipt, once the transaction is verified. This
entire process is completed within ten minutes.
2.
The Payee receives the full amount in Indian Rupees. There
is not more than 2500 USD can be sent at a time as per applicable RBI
regulations which must however be only for personal use..
3. The Post offices have been directed to treat the payee as
"Most Favoured Customers", which ensures courteous and
efficient service to them.
4.
For the sake of facilitating the transactions, the recipients can use any
one of the following documents to establish their identity:
(a) Voter Card (b) Passport (c) Driving License (d) Income Tax PAN Card
5.
The Post office also provides
its own identity card to regular customers so that other
proof of identity does not have to be provided by them again.
6.
The service is currently available in
all the State/Union Territory capitals and other major cities
in the country and by the
end of March , it is proposed to
be expanded to Head Post offices at the district
headquarters.
7.
This International Money Transfer Service is safe, legal,
fast & reliable. Also, it is approved by the
Reserve Bank of India and is
being provided by a Department of the
Government of India i.e. the
Department of Post.
8.
At present the Post office will only
provide its customers with the facility of receiving money and not
of sending money from India to other countries, as per applicable RBI
instructions.
9.
On the request of the NRI community ,
the department is open to extending the services to any other
location (village/town/city) as well, which has the potential clientele.
10.
For further information on the service, the
International representatives of the Western Union Financial Services
International can be contacted in any of the 185 countries from which the
service is available.
11.
Requests for extension of the service
to any part ; town / village / city in
India along with any other feedback by
Indian missions as well as NRI
bodies can be provided directly to
Project Manager, International Money
Transfer Services , Department of Posts, Dak
Bhawan, Sansad Marg , New
Delhi PIN : 110 001, Tel : 91-11-3354842 , Fax:
91-11-3354843.
List
of Post Offices covered for the Western Union Money Transfer
Scheme
Details about agents at sending points
Please visit www.westernunion.com |