| PROCESS |
How do you receive money?
1. Visit Poundwize.
2. Complete the “Receive Money” form
Fill out the required information on the form:
Your First and last name
First and last name of the sender
City and country the money was sent from
Amount
Money Transfer Control Number (MTCN)
3. Show your ID
Produce any one of the following valid photo identity:
Valid passport
Ration Card(Valid)
Pan Card & Address Proof
Driving License
Election card
Refugee Card
Police Identity Card(Non-police employee is not acceptable)
Army Card in India
4. Collect Funds and Receipt
Collect money and receipt from the Executive
5. Time taken
Max 10 minutes.
Any questions?
Call us on 91-80-40 50 60 70 Mobile: +91-99726-11119. Alternatively arrange for us to call you back.
call you back.
RBI Guidelines for money transfer payments in India
Money can be received in India up to a maximum of 2,500 USD or equivalent per transaction
Cash pay out in India up to a maximum of Rs. 50,000/- per transaction. Any amount above this has to be recieved through local cheque or pay order.
Foreign nationals who produce their passport, full amount in Indian Rupees (INR) can be paid in cash. For foreign nationals also, the maximum amount cannot be exceeded equivalent amount of 2,500 USD.
Individuals can receive only 12 transactions in a calendar year.
No commercial transaction can be paid through this mode of transfer
All remittances are for personal purposes only or for foreign tourists visiting India.
Minors below 18yrs cannot recieve money transfer transaction
Outbound money transfer through this channel is not allowed
Return to previous page |
