Karnataka Bank in association with Western Union facilitating NRI’s across the globe to remit funds to the beneficiaries in India.
- Remitter walk-in to any Western Union outlet/service provider abroad and deposit the local currency.
- Acknowledgment receipt is given to remitter along with unique Personal Identification Number (PIN).
- Remitter informs Beneficiary the details of remittance and unique PIN.
- Beneficiary visits any of the Karnataka bank branches and submits PIN along with KYC.
- Beneficiary Receives cash.
- Only personal remittances are permissible.
- Only 30 transactions per beneficiary are permitted in a calendar year.
- Per Transaction limit is up to USD 2500.
- Payout in Cash is restricted up to Rs. 50000/- per transaction per beneficiary.
- 500,000 Agent locations in over 200 countries.
- Convenient and efficient money transfer option.
- Send money world-wide in minutes.
- Secure and state-of-the-art technology platform.
- Pay out usually in local currency.
