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INTERNATIONAL MONEY TRANSFER

   

Indiapost Logo Dollars Western Union Logo

What is International Money Transfer Service ?

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 the world over, to India. The recipients can in fact collect the money in cash in  minutes after the sender has made the remittance.  This service is made available by the Department in collaboration with Western Union Financial Services, USA.

The service is targeted to particularly fulfill the needs for immediate cash of NRI dependent families in India, visiting International tourists and foreign students studying in India.      

International Money Transfer Service in Tamilnadu Circle

The service was officially launched in Tamilnadu Circle during May 2001.  Initially the service was introduced in Chennai and later expanded in the Circle. Presently, the service is available in 544 post offices in the Circle.

Selective List of Post Offices providing the service

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  no  restriction  on  the amount to be sent 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.

 
For further details, contact :
Manager, Business Development Cell
Office of the Chief Postmaster General
Tamilnadu Circle
Anna Salai, Chennai - 600 002.
Ph: 044-28520202 / 28548837
Fax: 044-2850202
E-mail ID: fmbd_cll@rediffmail.com / bd_cell@vsnl.net