Information/Campaigns
2018/10/15
Commencement of Remittance Service to Bank Accounts in India and Fee Discount Campaign
In response to strong demand from our customers, we have commenced remittances to bank accounts in India. In addition to the cash pick-up remittance service that we already offer, you can now remit funds directly to bank accounts in India. To celebrate this new service, we are offering a discount on fees to remit funds to India for a limited time.
Campaign period: September 12, 2018–March 31, 2019
During this period, fees for remittances to India (cash pick-up and remittances to bank accounts) will be as follows:
| Amount | Regular Fees |
Campaign Fees |
|---|---|---|
| 1 yen － 10,000 yen | 880 yen | 460 yen |
| 10,001 yen － 30,000 yen | 880 yen | 600 yen |
| 30,001 yen － 50,000 yen | 1,480 yen | 600 yen |
| 50,001 yen － 250,000 yen | 1,480 yen | 1,000 yen |
| 250,001 yen － maximum amount | 1,980 yen | 1,450 yen |
Caution: Using Remit Card will incur a separate deposit fee.
Caution When Remitting Funds
This service will only be available for banks participating in India’s nationwide payment system, NEFT (National Electronic Fund Transfer). Remittances are subject to the following restrictions:
Number of remittances: Maximum of three per day, six per seven days, and 20 per 30 days
Remittance amount: Maximum 2,500 USD equivalent per remittance
Number of recipients: Maximum four recipients over a 30-day period
Number of destination countries: Maximum three countries over a 30-day period
