Western Union Money Transfer Service

Western Union Money Transfer (USA) is one of the International Institution which offers money transfer services across the globe.

It enables instantaneous remittance of money from 185 countries to India. Money can be collected in minutes by the recipients after the sender has made the remittance.

To become Western Union Money Transfer Agent, please contact our executive at 9004496672, (022)66846684, (022)42384238 or or write to moneytransfers@onestopshop.in .

Become Money Transfer Agent

Money Transfer is a service offered by some of the International institution to the people those are living in other countries (eg.NRIs) to send money to their dependents or closed ones anywhere in the world. Here Sender or Receiver visits to the authorized agents of Money Transfer to send or receive the money.

In order to visit international tourists and foreign students studying in India, the service is targeted to fulfill the needs of NRI dependent families in India. Let us know how money transfer process happens:

1) Sender (living in country A)

Sender goes to authorized agents of Money Transfer
Fills “ Send Money Form”(Green color)
Pays Principal and charges
Transaction is sent
Sender gets receipt & code no. of 10 digits called MTCN or Money Transfer Control No.

2) Receiver (living in country B)

Receiver goes to authorized agents of Money Transfer
Fills in “ Receive Money Form”(Yellow color)
Provide 10 digits MTCN No.
Shows valid photo ID Proof
Transaction is verified
Receiver gets money and receipt

3) Money Remittance to Agent/BP

Money will be Transferred / Remitted in Agents bank account in next banking day of transaction.
Commission will be transferred in Agents bank account by end of the month.

One Stop Shop can help its CP or BP to become Money Transfer as Trans Corp International Ltd, an Authorized Agent of Western Union Money Transfer, has appointed OSS Retails Pvt. Ltd. as a one of the Authorized Sub-Agent of Money Transfer. Any interested Channel Partner / Business Partner of OSS Retails can start Money Transfer service by signing up a tri party agreement with Trans Corp International Ltd.

One Stop Shop BP or CP can be benefited by becoming Money Transfer Agent and can earn handsome money. CP / BP will get an average commission of 0.30% - 0.75% on Value or Rs. 60 - 90/- (inclusive service tax) per money transfer transaction. OSS CP or BP can earn up to Rs. 10,000 or more in a month by doing minimum 3 transactions in a day (example, For 100 transactions a month there will be an earning of Rs. 9000 per month).

To become Authorized Money Transfer Agent OSS CP or BP has to complete following terms and conditions (set by RBI & Western Union):

A. KYC Documents

One Passport size Photograph
Photo Identification proof of owner (Pan card /Driving License /Passport/Voter id)
Address proof of owner (Electricity bill / telephone bill etc)
Address proof of shop (Electricity bill / telephone bill etc)
Shop establishment certificate / Licence or Shop agreement, Current bank account statement or Partnership agreement
Net-worth certificate from Charted Accountant (which shows that owner is doing a min Rs.5 Lacs of business from his/her all existing business).
Audit Fee – Rs. 1655 /-
Agent Requisition form (will be provided by company)
Tri party agreement (will be provided by company)

B. Western Union will do an auditing / verification of above submitted documents and Agent Shop location. If approved -

BP/CP will become Authorized Money Transfer Agent

Following is the example to get a clear picture of Money transfer process:

Mr.X is in India and needs money.
Mr.X calls his brother, Mr.Y in Dubai (or elsewhere).
Mr.Y takes money to nearest Western Union agent in Dubai.
Western Union agent takes Mr.Y money and does the online transaction after capturing required details in system.
Western Union Server in Dallas & Bridgeton store the transaction details.
Mr.X picks up cash at the nearest OSS CP / BP (Authorized money transfer agent) Location in India after completing the required formalities.
Trans Corp International Ltd shall remit /transfer the transaction amount next day (except bank holiday) to respective OSS CP/BP’s bank account.
Trans Corp shall remit the commission to OSS CP/BP at first week of next month.

28 States, 7 Union Territories, 325 Cites, 22 Branch Offices, 1500+learn, 200 Channel Partners, 75000 Business Partners and growing