Sunday 7 February 2010

INDIA: Money Order Videsh scheme to be operational in city by end of Feb

The much-awaited scheme of the postal department Money Order Videsh (MOV) is all set to kick off in the city next month.

Offering international cash to cash and cash to account transfers, the scheme promises special remittances for students studying abroad.

On lines of the local money order scheme where cash can be received at one’s doorstep, the MOV offers to facilitate payments to foreign countries and receiving of remittances from foreign countries through the local post office.

The service was launched on October 24 last year and the Chandigarh division will be among the first few to be ready with its operations. Read more

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