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Western Union Money Transfer is the safest – easiest – fastest money transfer from anywhere in the world to India. Laxmii Forex Pvt. Ltd. is the agent for this type of transaction. Western Union Financial Services Intl., USA is the largest and most trusted service provider in the world and has been in existence since 1871, for immediate pay-out in 200 countries including India.
SAFE: The transactions are protected by Western Union Money Transfer, with world class security systems and is elecotonically remitted thus ensuring that the money is paid out instantly and to the authorized recipient in India. The money will be sent or received in minutes through this service.
EASY: The sender goes to any Western Union location, deposits the money he/she wishes to send, fills up a “To Send Money Form” pays the charges and receives an 10 Digit Numeric code called as MTCN (Money Transfer Control Number) .The MTCN is communicated to the Receiver in India who in turns can visit us with a Valid Photo –Identification. .The amount would be paid in cash/ cheque as per the RBI Guidelines.
LEGAL: Money Transfer through Western Union is totally legal and authorized by Reserve Bank of India.
How to receive money:
• Upon information from the centre for having sent the money through Western Union, obtain 10-digit code number - MTCN (Money Transfer Control Number) and amount sent.
• Walk-in to the nearest Western Union outlet.
• Fill "To Send Money" form. Be sure to include the sender's name, country and MTCN code No.
Produce any one of the following valid photo identity:
• Valid passport
• Ration Card(Valid)
• Pan Card
• Driving License
• Election card
• Bank passbook with photo
• Refugee Card
• Students Id(Govt issued)
• Police Identity Card(Non-police employee is not acceptable)
• Army Card in India
RBI Guidelines for Western Union 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 paid through local cheque or pay order.
• Foreign nationals who produce their passport, full amount in 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.
• All remittances are for personal purposes only or for foreign tourists visiting India.
• Minors cannot be paid Western Union transaction
• No commercial transaction can be paid through this mode of transfer
• Outbound money transfer through this channel is not allowed.
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