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Back to Top of Index Question-138: Can remittances be sent into India otherwise than through the medium of a bank in the country of residence of the remitter ?

April 26, 2017Bank country index India medium remittances remitter Residence sent

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Back to Top of Index Question-138: Can remittances be sent into India otherwise than through the medium of a bank in the country of residence of the remitter ?

1 Answer

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10 Posted

Yes. Exchange houses in the Gulf countries have been permitted to send remittances into India by means of DDs, MTs and TTs drawn on banks in India.