MoneyGram

• 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.

• 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.

Step 1: Visit your MoneyGram agent, taking some personal identification with you (as per the regulations in your send country).

Step 2: Complete a simple "send" form and hand this to the MoneyGram agent along with the money you want to send and the transfer fee.

Step 3: You will be given a 8 – digit reference number.

Step 4: Contact the person to whom you’re sending the money, and give him or her reference number. In just 10 minutes the money will be ready to collect.

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.