Frequent question: How much money can be transferred Western Union to India?

What is the limit of Western Union in India?

As per government requirement you can receive up to $2,500 USD (or its INR equivalent) per transfer. Maximum cash payout for all Indian nationals is 50,000 INR; Payouts over 50,000 INR will be paid by local crossed cheque only.

Is there a limit to send money through Western Union?

You can send a maximum of $2,500.00 per online money transfer. Agent locations typically have no limit, however, so long as you can provide adequate identification while sending. Nearly all transactions through Western Union will have a transfer fee attached, ranging from $3.50 to $100 or more.

What is the maximum amount I can transfer to India?

Limits on Inward Flow of Remittance

Country Business to Business Business to Individual
India 1.5 Million INR (approx. USD 25,000) per transaction per day for Trade transactions only. No limit on transfers made in USD. No limit

What is the cash limit for a foreign receiver?

Is there any limit on the amount of money which can be sent under RDA? There is no limit on the remittance amount as well as on the number of remittances. However, there is an upper cap of Rs. 15.00 lakh for trade related transactions.

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How can I withdraw money from Western Union in India?

Cash pickup

  1. Visit a Western Union agent location.
  2. Provide your sender’s details, including the Money Transfer Control Number (MTCN).
  3. Show a government-issued photo ID.
  4. Get your money once your details have been verified.

How much money can you transfer without being reported?

The Law Behind Bank Deposits Over $10,000

The Bank Secrecy Act is officially called the Currency and Foreign Transactions Reporting Act, started in 1970. It states that banks must report any deposits (and withdrawals, for that matter) that they receive over $10,000 to the Internal Revenue Service.

How can I send a large amount of money?

Here are the best ways to send money:

  1. Cash. Max transfer amount: No limit. …
  2. Bank transfer. Max transfer amount: No limit, although there may be internal transfer limits. …
  3. PayPal. Max transfer amount: $10,000 per transaction. …
  4. Google Wallet. …
  5. Venmo. …
  6. Xoom. …
  7. USForex.

How much can you send Western Union per day?

Maximum send limit $500/day/card account. Money is delivered to receiver’s home or work via FedEx and arrives on a Western Union® MoneyWiseTM Visa Prepaid Card* the next business day.

How much can you get a Western Union money order for?

Another thing to keep in mind is single money orders are generally limited to amounts less than $1,000. If you need to send more than $1,000, talk to the agent about your options, including electronic money transfers. Lastly, you can expect to pay a small processing fee on top of the amount you’re sending.

What is the limit for money transfer?

1) Payment Gateway transaction limit is up to 10 lakh per day / per transaction. 2) Own account fund transfer — No limit (up to the available balance in debit account). 3) IMPS to registered beneficiary – up to Rs 2 Lakh per day/per transaction. 4) NEFT to registered beneficiary per day – up to Rs.

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Can Western Union refuse to send money?

Occasionally, money transfers may be declined. This is due to a variety of reasons, such as WU being unable to confirm your identity. WU is required to comply with regulatory standards and internal policies. … If you were declined trying to send money online, you may be able to send money in person at an Agent location.