What is an international money transfer?



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3 Answer(s) available

94 


Money Transfer Service Scheme is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. 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.



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2 


Member banks combine a large number of transactions into one big transfer to another bank, and CHIPS settles the score and moves the money. Exchange rates



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0 


An International Money Transfer is an electronic transfer of funds in a specific currency and amount, to a friend, relative, or company overseas.



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