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Money Transfer

Money Transfer

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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 been 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
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Ap Forex

Nacharam, Hyderabad, Telangana
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Product Description

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 been 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 check only.
  • There is no cash payout limit for foreign passport holders in India.
  • As a government requirement, a payee can only receive a maximum of 30 transactions per calendar year.
  • Receiver must present valid identification.
  • Receiver must present correct money transfer Control Number (MTCN).
  • Will Call transfers to the states and Islands of Tamil Nadu, Kerela, 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 Information:

  • 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 for 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.

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Money Transfer

About the Company

Nature of BusinessService Provider
IndiaMART Member SinceAug 2013

Ap Forex sincerely believes & try to provide fullest possible quality service at competitive rates to ensure total customer satisfaction.

Ap Forex (attractive price Forex Private Limited) promoted by professionally qualified& vast experience in foreign exchange field more than a decade. Ap Forex is one stop for all travel related forex services. Ap Forex is not just a name, but it's a commitment. We are a reputed and professionally managed company which has been in the business of foreign exchange, money transfer services, global calling cards, holiday packages & travellnsurance.

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Seller Contact Details

Manager

H.No. 7-61 Shop No. 3 & 4, 1st Floor, Opp Hdfc Bank
Nacharam
Hyderabad - 500076, Telangana, India

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