Abhyudaya Co-op Bank Ltd. has tied up with Money Gram for Global Remittances through the UAE Exchange and Financial Services Limited, a member of the UAE Exchange group, which facilitates global money transfers in India, in association with their agent M/s. Money Gram International Inc, USA. Abhyudaya Co-op Bank Ltd. has launched the Money Gram product for Global remittances through all its branches.
About MoneyGram International:
MoneyGram International offers more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers to safely send money around the world with funds arriving at available agent locations in as little as 10 minutes. Its global network is comprised of 190, 000 agent locations in more than 190 countries and territories. MoneyGram’s convenient and reliable network includes retailers international post offices and financial institutions. To learn more about money transfer at an agent location, please visit www.moneygram.com
- The remitter, who is outside India, desiring to send money with safety and speed to his near and dear ones, goes to any of the agents of Money Gram fills in the remittance form and tenders the equivalent foreign exchange inclusive of charges to such agent. After processing application through Anti-Money Laundering Guidelines, remitter informs the beneficiary in India the 8-digit reference number and the amount of money remitted.
- The Beneficiary visits of our branch locations, fills in a simple receive form and submits valid proof of photo Identity and his/her address location.
- The information will be verified and the amount will be paid to the beneficiary in minutes
* subject to agent hours of operations and local regulations