|
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.
9.
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.
10.
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.
11.
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.
12.
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 |
International
Money Transfer