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RBI GUIDELINES FOR WESTERN UNION PAYMENTS IN INDIA
- Money can be received in India up to a maximum of 2,500 USD or equivalent per transaction.
- Cash pay out in India up to a maximum of Rs. 50,000/- per transaction. Any amount above this has to be paid through local cheque or pay order.
- Foreign nationals who produce their passport, full amount in INR can be paid in cash.
For foreign nationals also, the maximum amount cannot be exceeded equivalent amount of 2,500 USD.
- Individuals can receive only 12 transactions in a calendar year.
- All remittances are for personal purposes only or for foreign tourists visiting India.
- Minors cannot be paid Western Union transaction.
- No commercial transaction can be paid through this mode of transfer.
- Outbound money transfer through this channel is not allowed.