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How to pick up Money from a Paying Location?

How to pick up Money from a Paying Location? Paying Locations Join Our Network
1 1 Visit a Paying location
Visit a nearby Branch / Agent Location.

1 2 Procedure
Complete the "Receive Now" form. The mandatory fields include: sender's name, sender's city/country and expected amount. Present the completed form and Valid photo identification to the customer care executive at the paying location.

1 3 Collect funds
Collect money from the cashier. You will be also given a proof of transaction .
NB:Conditions apply

Rules of Reserve Bank of India on Money Transfer Service Scheme (MTSS)

Bullet Only personal remittances such as remittances towards family maintenance and remittances favouring foreign tourists visiting India are permissible. Trade related remittances, remittances towards purchase of property, investments or credit to NRE/FCNR Accounts, etc or donations/contributions to charitable organizations are not permitted to be routed through MTSS.

Bullet Any single remittance under the Scheme shall not exceed USD 2500 or its equivalent and not more than 12 remittances shall be received by a single recipient through the Principal in a year.

Bullet All remittances exceeding Rs.50,000/- shall be paid only by cheque/DD/P.O or by direct credit to the account of the recipient.

Bullet Payments to the recipients shall be made in Indian Rupees on the basis of ongoing exchange rates.

Valid forms of identification include*:

Driving Licence
Voter's ID/ Election Card
Military photo ID
Photo affixed ration card
PAN card
Bank Passbook (Photo Affixed)
College photo ID etc.
*The above is only an illustrative list.

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