A Money Transfer of Remittance is a transfer of money by a Sender to an individual in his or her home or
friends anywhere in the country. Money sent home by migrants competes with international aid as one of the
largest financial inflows to developing countries. Workers' remittances are a significant part of international
capital flows, especially with regard to migrant labor areas. In simple terms it is a process of sending money
from one city to another city or from one individual to another individual across any city in India. It involves
Sender (Person willing to send money) and Receiver (Person to whom money needs to be sent). A medium to
Facilitate Transfer of Money – HINDFS TPC. .
This is an INSTANT money transfer service to any bank in India. The money can be transferred to any Bank Account 24x7 by customers who do not have a Bank Account of their own. (Due to lack of identity documentation as mandatorily required by Bank for KYC).
Now instantly transfer funds from your HIND4U wallet to any bank account using MMID (Mobile Money Identifier) or simple beneficiary bank account number with IFSC (Indian Financial System Code).
TPC (Franchise) may use this Service to create wallet for their own as well as for citizens/customers.
TPC (Franchise) will earn good commission i.e. 0.80% of the amount transferred from their TPC wallet to HIND4U Wallet, so go ahead and use this service to create more and more HIND4U Wallets.