Remittance to Foreign countries was made very simple by the introduction of MO Videsh. This services facilitates the customers to transfer money globally. This product is available in all Head Post Offices.

Salient features of Mo Videsh

• Payment to beneficiary is only through Account transfer.
• Only Non trade remittances are allowed in Mo Videsh.
• Outward remittances are governed by RBI regulations.
• Beneficiary's Bank account number and SWIFT code is mandatory
• Limit of remittance varies according to purpose

Purpose of Remittance	Limit per financial year
Studies Abroad	US$ 1,00,000
Medical Treatment	US$ 1,00,000
Family Maintenance	US$ 1,00,000
Travel Abroad	US$ 10,000

Outward Money remittance made simple - MO Videsh

• Remitter to fill in required forms at Head Post Offces.
• Two photo identity proof is required.
• Remitter to submit the filled in application form, two Identity Proof and money to be remitted along with commission at Head Post Offices
• Supporting documents relating to purpose of remittance to be submitted.

Commission

Amount of remittance	Commission
US $ 100 - 1000	US $ 12 + service tax
US $ 1001 - 3000	US$ 20 + service tax
US $ 3001 to 5000	US$ 25 + service tax