India Post launches inward remittance

Image
Press Trust of India Kolkata
Last Updated : Dec 24 2013 | 5:57 PM IST
India Post has launched international money remittance service on the International Financial System (IFS) platform of Universal Post Union (UPU).
At present the service is available from France and the UAE.
India Post in a statement said the service will very soon be extended to Ukraine, Laos PDR, Mauritius, Sri Lanka, Cambodia and other countries.
The IFS is paid through eMoney Order service and amount of up to Rs 50,000 can be paid by cash from post office counters and exceeding that the amount, the amount can be paid through cheques.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 24 2013 | 5:57 PM IST

Next Story