What is the maximum amount that can be received in cash by the beneficiary

Question: What is the maximum amount that can be received in cash by the beneficiary?

Answer(s)

Raju Kanumuri: The maximum amount that can be received in cash is Rs. 50,000. In case the amount of remittance exceeds Rs. 50,000, the full amount will be paid by way of Pay Order or by directly crediting the account of the beneficiary (if an account is maintained with the Bank's branch).

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