Western Union plays an active role in the exchange and receiving of funds. Once I tried transferring the excess amount from the US to India and it failed. That’s when I came across the limit for the money transfer. So let me tell you about the Western Union money transfer limit to India.
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Presently, each transfer is limited to Rs. 200,000. However, there are restrictions regarding the amount you can get. The Indian government limits the number of transfers you can get to 30 maximum per year and limits the amount you can get per transfer to the INR equal to $2,500 USD. You are only eligible for a total cash reward of Rs. 50,000 if you are an Indian national. There are some circumstances in which getting more than Rs. 50,000 is permitted if you are a visitor in India. Now you know what is the limit for Western Union money transfer.
Who is eligible to perform transactions via Western Union?
Western Union is used by people, including sole entrepreneurs, to send and receive money.
Companies may simply conduct their worldwide operations.
Cross-border relationships may also gain advantages from utilising the payment options offered by Western Union.
What are some important points about the Western Union?
An agent system of more than 50,000 people helps Western Union conduct operations in India.
First off, you are not permitted to send funds from India to anyone in any other nation. India is the only nation from which payments can be accepted.
Second, Western Union's fund transfer operations are not allowed to be used by enterprises in India due to government rules.
Sending money to India is only permitted for up to USD 2500.
In the online version, the service is accessible around-the-clock. But, agents could have set operating times.
The recipient is eligible for up to Rs. 50,000 in cash payouts. Crossed cheques might be given in excess of this amount.
You are now aware of the Western Union money transfer limit to India.
Read More: How to withdraw money from Western Union money transfer? What is a Western Union money transfer? How much Western Union charge to send money? How to receive money from Western Union in India?Your Feedback Matters! How was this Answer?
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What is the limit for Western Union money transfer?
Ryan
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2022-09-20T17:53:55+00:00 2022-09-20T17:53:59+00:00Comment
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