How to send money to India quickly and cheaply using MoneyGram
There are so many carriers around the world and most of them have their branches in every city of the state. The hard thing is to trust and choose which one is the cheapest and the fastest with very low overheads.
Things You'll Need
- Your Passport
- Cash (As in most cases they don't accept cards)
- PAN card or any other personal Photo ID ( In India)
- Proof of address (Bank Statement, electricity bill etc.)
- Reference number (provided by MoneyGram)
Steps
The MoneyGram seems to be the cheapest and fastest with no overheads (very less formalities)
- Very less paper work (takes less than 60 seconds)
- Quick photo ID verification, No questions asked
They have 180,000 local agents across 190 countries and territories. They try their level best to find the way to communicate with you in your native language. They have 5 simple steps to send money and 3 simple steps to collect money on the other end. They'll provide you with the reference number and you have to give this reference number to the person who'll recieve money. This will help speed up the process.
Yes they do charge their transcation fee and it seems to be affordable.
You can always check HOW MUCH before deciding how much money you want to transfer, what's the transfer fee and what's the exchange rate at the moment.
Tips
1. Always take your photo ID with you.
2. Keep you reference number safe and secure, always cross check with your sender.
Caution
1. There may be other services around depending on the exchange rate and service fee they charge so do check them aswell.
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