IMTS Through Western Union Money Transfer

India Post with Western Union Money Transfer

A state of the art International Money transfer Service is now available through the post offices in India, which enables instantaneous remittance of money from 185 countries the world over, to India. The recipients can in fact collect the money in cash in minutes after the sender has made the remittance. This service is made available by the Department in collaboration with Western Union Financial Services, USA.

The service is targeted to particularly fulfill the needs for immediate cash of NRI dependent families in India, visiting International tourists and foreign students studying in India.

Processing of International Money Transfer

• To avail of this Service, a remitter goes to any one of the more than 100,000 Western Union Locations in the 185 countries in which the Service operates , fills up a "To send money" form and pays principal amount and charges. The sender gets a Money Transfer Control Number on a receipt after the transaction is sent through the system. Thereafter, the sender calls up his/her payee and gives information on the money sent. The Payee / Receiver goes to the post office , fills up a "To receive money" form shows valid identification and receives money along with the receipt, once the transaction is verified. This entire process is completed within ten minutes.
• The Payee receives the full amount in Indian Rupees. There is no restriction on the amount to be sent which must however be only for personal use..
• The Post offices have been directed to treat the payee as "Most Favoured Customers", which ensures courteous and efficient service to them.
• For the sake of facilitating the transactions, the recipients can use any one of the following documents to establish their identity:
  • Voter Card
  • Passport
  • Driving License
  • Income Tax PAN Card
• The Post office also provides its own identity card to regular customers so that other proof of identity does not have to be provided by them again.
• The service is currently available in all the State/Union Territory capitals and other major cities in the country and by the end of March , it is proposed to be expanded to Head Post offices at the district headquarters.
• This International Money Transfer Service is safe, legal, fast & reliable. Also, it is approved by the Reserve Bank of India and is being provided by a Department of the Government of India i.e. the Department of Post.
• At present the Post office will only provide its customers with the facility of receiving money and not of sending money from India to other countries, as per applicable RBI instructions.

This facility is available in all Computerised Post Offices

Read More

Limit for receiving remittances through International Money Transfer Service to a single individual beneficiary is raised from 12 to 30.

 Limit for receiving remittances through International Money Transfer Service to a single individual beneficiary is raised from 12 to 30.

Quick facts about money transfer service

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

 02) Only personal remittances such as remittances towards family maintenance and remittances favoring foreign tourists visiting India are permissible.

3. The system envisages a tie-up between reputed money transfer companies abroad and agents in India who would disburse the funds to the beneficiaries at ongoing exchange rates. Such Agents can be Banks (Authorised Dealers) or Full Fledged Money Changer or registered Non-Banking Financial Company (NBFC), IATA approved Travel agents ( having minimum net worth of Rs.25 lakhs ) with prior RBI approval.

4. As the remittances are towards family maintenance, there will not be repatriation of such inward remittances.

5. The India agent is also not allowed to remit any amount on account of exchange loss to the overseas principal.

6. Only personal remittances shall be allowed under this arrangement.

7. Donations/contributions to charitable institutions/Trusts shall not be remitted through
8. this arrangement. This is primarily to ensure proper tracking of funds for charitable institutions/trusts is followed.

9. A cap of USD 2500 has been placed on individual transaction under the scheme.

10. Amounts upto Rs.50,000/- may be paid in cash. Any amount exceeding this limit shall be paid by means of cheque/D.D./P.O. etc. or credited directly to the beneficiary’s account only.

11. Only 30 remittances can be received by a single individual during a year.

12. In exceptional circumstances, where the beneficiary is a foreign tourist, higher amounts may be disbursed in cash. Full record of such transactions should be kept on record for scrutiny by the auditors/inspector.
    VIA- SA TIRUR

Read More

Incentive for Taking IMT's-- Kerala Circle

Important points of CPMG letter No:FS/100-1/2012(pt) dated at trivandrum the.4.5.2012. regarding Incentive on IMT's

1. Rs 10/- per transaction is allowed for customer oriented expenditure and incentive to the staff

2. Out of Rs 10/-, Rs 2/- Can be allowed to Counter PA as incentive and Rs .1/- for APM/DPM (counter) or SPM/PM himself wherever he /she himself/herself supervise IMTS transaction. The sanction needs to be issued by the Divisional Head based on the performance of the postoffice every month. The remaining Rs.7 may be set aside for Customer-staff oriented Common expenditure

3. A standing Commitee Comprising the Divisional head/ ASP (OD), ASP/IP Sub Division and PM/SPM of the post office may be constituted. The Committee should have not less than three members. They should analyse the requirement of the post office and decide the course of action for the utilization of the amount including Purchase of items of common use and interest to all the staff, For eg Purchase of Cooler,Smaller refrigenator etc would be considered if adequate funds can be generated. The purchase has to be made observing the usual formalities as prescribed in the rules in the regard. the committee can meet at a convenient frequency as per their local needs for taking appropriate decision 

Read More

WUMT POS Transaction Flow

Powerpoint Show on WUMT POS Transaction flow in Rar format.

Courtesy : http://srfix.blogspot.in/

Read More

HOW TO OPEN WHEN WUPOS (WESTERN UNION) LOCATION ID IS LOCKED

In WUPOS when your Location ID is Locked due to making wrong attempt with wrong password the following message will appear 

Solution :

Step 1 : Collect your Account ID i.e. AAA123456 & Login ID i.e. 111

Step 2 : Call To Western union Call center (India) 1800-425-1851

Step 3 : log your complaint & don't forget to take complaint ID i.e. 123456

Step 4 : After 30 Min. Login your ID with RESET100 Procedure 

                RESET100 Procedure means

                LOG IN AS USERNAME :

( WHICH IS COMBINATION OF LOGIN ID & ACCOUNT ID ) i.e. 111AAA123456

            & PASSWORD : RESET100

Step 5 : Set Your New Login Password

Read More

Western Union Money Transfer-Prerequisites for New Web based software

Western Union has launched a new software. This was a web based software. This software requires a certificate that has been provided by WUMTs officials.

This software is worked smoothly if the default browser is Internet Explorer. Otherwise this has some problems in taking reports.

Set the Internet Explorer as Default Browser

Start-----------settings----------------Control panel

Network and Internet Settings-----------Click on Internet options

---Click Programs----------Set Internet Explorer as default browser

Two more prerequisites are required to be performed in Internet options to get a proper report of Western Union Transactions.

----Go to Internet options(Right Click on IE then go to properties)

----Then click on Languages Button under General tab

---- Add one more language that is English(United Kingdom)[en-GB] to languages

Then go to

----Security Tab----Click on Custom level

---- Click on the Enable radio button on “Don't prompt for client certificate selection when no certificate or only one certificate exists”

----- Click on OK and Apply

Then open the Internet Explorer

---- Click on File

---- Go to Page setup menu

---- Set all the Margins as 0.50

Install the Certificate Provided by the Western union officials. Then go to Internet Explorer. Type the address provided by western union. Login using the User id and password .

 

via- sa paravur

Read More