starofasia
Overseas Recruiting Agents (Recognised by Govt of India) Reg.no.864/BOM/PART/1000+/3

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Money Transfer

staof asia

Send Money to your loved Ones in India either through Western union money transfer Co. Or UAE exchange Co.-- its quick and easy to send money to your family back home in India. As an appointed agent of Western Union and UAE exchange Co., Star of Asia Tours and Travels is delighted to offer a hassle-free customer/friendly service.

So,  When you send money to India next time choose, Star of Asia and feel the difference.

Restrictions and Special Notes

Receiving in India:

  • As a government requirement, maximum payout amount is not more than $2,500 US dollars (or IN Rupee equivalent ) per transaction. Sender threshold amount has therefore be set at Indian Rupees 111,317 to ensure exchange fluctuations do not result in the transaction being declined to the receiver.
  • Maximum cash payout for all Indian nationals and all residents (Indian or Foreign) is 50,000 IN Rupee;  Payouts over 50,000  IN Rupee will be paid by local crossed cheque only
  • There is no cash payout limit for foreign passport holders in India.
  • As a government requirement, a payee can only receive a maximum 12 transactions per calendar year
  • Receiver must present valid identification.
  • Receiver must present correct Money Transfer Control Number(MTCN).
  • Will Call transfers to the state and Islands of Tamil Nadu,Kerala,Andhra Pradesh,Andaman/Nicobar or Pondicherry will be charged a special flat fee per transaction, regardless of principal amount being sent. The implementation of this special pricing for India is on a state level for India’s coastal regions.

General Informations:

  • Sender’s full address must be included on all money transfers to India
  • Pursuant to Indian government regulations, money transfer payments are reserved for private consumer use only and cannot be used for commercial or business purposes. for purchase of property. or investments
  • Test question is not allowed
  • Paying location is required to maintain a photocopy of identification documents presented by the Receiver.
  • A new International Money Transfer destination has been created called’ India Tsunami Region’ for transfers to these regions. Please verify the destination state with the sender before sending to India
  • Money transfer payments are reserved for private consumer use only and cannot be paid for commercial or business purposes, for purchase of property, or for investments