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How big and important is the money transfer business for Thomas Cook?

April 26, 2017big Business money thomas cook transfer

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How big and important is the money transfer business for Thomas Cook?

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Money transfers are important in the bouquet of services we provide to our customers. It is a significant revenue earner and a valuable service, from a customer point of view. Thomas Cook is a MoneyGram money transfer receiving agent. Additionally, Thomas Cook being an authorised dealer of foreign exchange, can remit funds out of India in accordance with RBI Regulations. How many locations are you present in? Thomas Cook has 52 locations spread across 16 cities. We are present in Mumbai, Delhi, Kolkata, Chennai, Bangalore, Ahmedabad, Trivandrum, Pune, Jaipur, Cochin, Jalhandar, Baroda, Trivandrum, Goa, Gurgaon, and Chandigarh. Which are the important remittance corridors? The US and UK are important remittance corridors. With a large number of NRIs settled in the US, UK, Canada and Australia, remittances of funds from these countries to their families in India are high. Tourist locations like Goa and Jaipur also receive significant remittances for payouts to tourists visiting India. Wh