MoneyGram

MoneyGram

Money Gram

At Axis Bank we believe in making your Money Transfers fast and simple and hence, we offer you the facility of MoneyGram, one of the leading brands in instant money transfers across the globe. MoneyGram has a global reach through a network of 233,000 local agents across 191 countries and territories – giving you real convenience and flexibility. So with MoneyGram you're never far away from a fast and easy money transfer.

The MoneyGram facility is available from Axis Bank branches in the states of Punjab, Kerala, Goa and Maharashtra (Mumbai & Thane) only. For the list of Axis Bank branches making payments, check list of MoneyGram branches.

Features

  • Instant Transfer – within few minutes from booking of the transaction abroad.
  • Remittance received in Indian Rupees, without deducting any charges from the receiver.
  • Personal remittance towards family maintenance and remittance favoring foreign tourist can be send through MoneyGram. (Trade related remittances, remittances towards purchase of property, investments or credit to NRE / FCNR / Donations, contributions to charitable organizations are not allowed).
  • Cash payable up to INR 50,000.
  • DD/PayOrder payable up to Indian Rupees equivalent of USD 2500.
  • Receiver can receive up to 12 payments in a calendar year.

Benefits

  • Quick – Your money is where it's needed in just 10 minutes.*
  • Convenient – with 233,000 money transfer agents around the world, you’re never far away from MoneyGram and book the transaction from any MoneyGram agent near you.
  • Available to everyone – the receiver and the sender do not need a bank account.
  • Free for the receiver – the receiver will not have to pay any amount in India and the entire amount would be provided to the receiver.
  • Cash may be provided to the beneficiary for up to INR 50,000.
  • Easy – Minimal documentation required.

Money Transfer Process - Send transaction:

Money Transfer Process - Receive transaction:

Step 1: Receiver visits the Axis Bank branch with the reference number and an Identity proof and Address proof.

Step 2: Receiver fills in the application form and provides the filled-in application form, along with the reference number and documentation to the branch executive.

Step 3: Receiver collects funds in Indian Rupees.

What's the buzz!

No new comments yet. Have something to say? Be the first to comment!

Its All About Money

Types of Mobile Banking

24, October, 2014

Specially for you

-->
Hide Footer