How To Receive Money In India From Another Country Via Post Office?

Money Transfer Service Scheme (MTSS) is an international Money transfer service offered by the Department of Posts (Post Office), Government of India. This service allows money transfer service from around 195 countries and territories to India.

The Post Office offers this international money transfer service in India in collaboration with Western Union Financial Services, an international financial services company that offers international money transfer services across the world.

Under the scheme, only inward personal remittances into India, such as those made in support of foreign tourists visiting India and remittances for family support, are permitted. Under MTSS, no outward remittances from India are allowed.

This International Money Transfer Service is safe, legal, fast & reliable. Also, it is approved by the Reserve Bank of India (RBI) and is being provided by the Department of Post, Government of India.

How to receive money from another country in India?

To avail of this Service, a remitter goes to any one of the Western Union locations in the countries in which the Service operates. Fills up a form to send the amount and pays principal amount and charges.

The sender gets a unique Money Transfer Control Number/Reference Number on a receipt after the transaction is sent through the system. Thereafter, the sender calls up his/her payee and gives information on the money sent.

The Payee/Receiver goes to the Post Office, fills up a form to receive money, shows valid identification and receives money along with the receipt, once the transaction is verified. This entire process is completed within ten minutes.

Please Note

1. The Payee receives the full amount in Indian Rupees. There is a maximum limit of 2500 USD that can be sent at a time as per applicable RBI regulations which must however be only for personal use.

2. Amounts up to INR. 50,000/- may be paid to the beneficiary in cash. Any amount exceeding this limit shall be paid by means of an account payee Cheque or credited directly to the Savings Account standing in the Post Office in the name of the beneficiary. However, in the case of foreign tourists, higher amounts can be payable in cash.

3. Only 30 transactions can be received by a single beneficiary in a calendar year.

4. The Post Offices have been directed to treat the payee as "Most Favoured Customers", which ensures courteous and efficient service to them.

5. Under the KYC / AML / CFT guidelines issued by the RBI to prevent the system of cross-border inward money transfer into India to be used by criminal elements for money laundering or terrorist financing activities, beneficiaries/recipients of the money transfers need to provide sufficient information necessary to establish their identity and proof of residence through reliable Govt issued documents like:
1. Election Card
2. Driving License
3. PAN Card
4. Ration Card
5. Aadhar Card etc copy of which also has to be provided to the Post Office for receiving a transfer.