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MoneyGram’s India Account Deposit Service launched on 27th Feb 2015

February 27, 2015

For more than 70 years, MoneyGram has been helping people around the world and their families stay connected across borders and boundaries, oceans and countries. Their financial services and global network are used daily by millions around the world for life’s essentials of food and housing, higher education, or building for the future.

You can send money overseas or across the country with MoneyGram. MoneyGram Australia makes it simple to transfer money to family and friends whenever and wherever they need it, worldwide. It’s just as easy to receive money. With over 300,000 MoneyGram locations around the world, you can send money overseas, transfer money and receive money safely and securely.

MoneyGram’s India Account Deposit Service was launched today, where by now you can send money to any bank account in India with $0 fee when you send over $1000. The Key features of the India Account deposit Service are:

Send to:

  • Any bank account in India.

Speed of Transfer:

  • Deposit into any Axis Bank Account in as little as 1-3 hours (7 days a week) & to any other Indian Bank A/c in as little as 1-3 hours ( within Indian Banking hours- Mon-Fri 8am-7pm /Sat-8am-1pm Insian Standard Time)*

Key Benefits:

  • Guaranteed INR exchange rates.
  • No fees charged by receiving banks- What you see is what you get
  • Send to Self NRE/NRO accounts-Perfect for savings and investments
  • Send to family-Reliable, convenient and time saving alternative

You need to bring:

  • Receiver First name & Last name
  • Receiver bank Account Number(4-18 digits)
  • Receiver Bank IFSC (11 Digits)
  • Receiver Mobile Phone number (optional)