Can I receive international payments through Western Union?

Can I receive international payments through Western Union?

Our current money transfer service is to overseas bank accounts only. Visit our FAQs for more information or call us from 9 am – 9 pm. Western Union also makes money from currency exchange.

How do I receive money from someone in another country?

Here are the options you’ll want to consider if receiving money from overseas:

1. International money transfer services.
2. Bank transfer.
3. Money orders/bank drafts.
4. Cash pickup/home delivery.
5. Mobile and electronic wallets.
6. Fees.
7. Exchange rate.
8. Related content.

Can an individual receive money from abroad?

All governments welcome funds from foreign countries as it bolsters the economy. India has not sent any limits on receiving funds from abroad. However, the foreign country you are in might have regulations that limit the amount of money you can send abroad. These regulations differ from country to country.

Can I receive money from India through Western Union?

Provide your sender’s details, including the Money Transfer Control Number (MTCN). Show a government-issued photo ID. Get your money once your details have been verified.

How much money can be transferred from foreign countries?

Earlier, in 2007, RBI had fixed the maximum limit of sending money to an overseas bank account to USD 2,00,000 per year. After the rupee weakened, RBI reduced this limit in 2013 to USD 75,000 per year. With a stronger value of rupee, RBI has now increased the maximum limit to USD 2, 50,000 (as of May 26, 2015).

Does Western Union do international wire transfers?

Western Union offers multiple ways to send money internationally, and the international money transfer time depends on the country where your recipient lives and your transfer method.

What documents are required for Western Union money Transfer?

You must present a valid identification document (passport, voter ID card, driver’s license or proof of possession of Aadhaar number) along with your PAN card. The verification process will take 1-2 working days if all information provided during your registration matches with the documents provided by you.

How can I send money from India to another country?

How does it work?

1. Start your transfer. Enter the destination country and the sending amount. Choose business entity as the payee and select the purpose of transfer.
2. Enter your beneficiary’s details. Fill out the beneficiary (business) bank account details1 and payment reference number.
3. Pay and send. Pay for your transfer.

Is it legal to send money abroad?

Know the law. Sending money abroad is not a crime, but it can become one. Criminals have used international money transfers in the past to launder their money, so law enforcement has implemented laws to prevent this from ever happening. Money laundering is a serious crime, and it carries a heavy punishment.