Increased craze of instant money order facility for money transfer not only in the country but also abroad
Is anyone stuck in trouble? Don’t have a single penny in your pocket? Can’t get money from anywhere by any means? In modern technology, there is no need to panic. The post office will solve your problem in a pinch. Yes, just like money order, instant money order facility will reach you in a few moments.
Even if how far you are from your city? Instant money order facility has become increasingly popular in this era of ATM and money transferring. Especially the youth are taking full advantage of the instant money order facility operated by the Indian Post Office.
Technology has an important role in this secure service of delivering money. Due to this, its craze among the youth is increasing. Years ago, there were limited options to access money like money orders. There is a lot of craze for these facilities abroad. So, if you have to send money to someone close or needy, IMO means instant money order….
How to send money
In the money order service, any person can send money through the post office. A code number is provided for this process. The code number has to be shared with the receiver. Then that person can get money by stating the code in the post office. In this technique, two parties are directly connected. Also, the medium becomes a post office. This period will be much shorter through the instant money order scheme. The code will be very important in the instant money order scheme. The receiver will receive the money in 5 minutes. That code has to be stated as evidence only. This service costs a little more than a normal money order. However, this is also rare.
Send 1 to 50 thousand
Instant money order facility is expanding rapidly. This service has now been added to thousands of locations across the country. At least one thousand rupees and maximum 50 thousand rupees can be sent through this service. This process will take only 5 minutes. Technology experts say that money orders took a long time to send money to remote areas.
-More money, less commission
In order to provide convenience to the people, commission is kept low. At least it costs 100 dollars. Only a hundred dollar have to be spent to send up to ten thousand dollars. Earlier the maximum was $ 150. Which has been reduced. Post Office officials say that IMO service is becoming increasingly popular among people. Its commission has been reduced to facilitate more and more people. There was a charge of 150 dollar for 50 thousand dollars. Which is up to 120 dollars. Commission has been reduced in all three slabs.
Information will be available on mail
This service is quite simple and secure. In which information is also provided to the person who transfers money by mail or phone. Although the old service used to get money at home, it would be necessary to go to the post office to receive it. The IMO scheme is designed on online money transfer technology. Youngsters are connecting more than technology. The amount from one thousand to 50 thousand can be sent to another post office. IMO it is necessary to fill a form on the counter. Barcodes are used in this process. In the US Postal Service, it can be sent to any part of the country.
Facility to send up to 50 thousand dollars
With this facility, money can be delivered in minutes like online. Its limit has been kept much higher than normal money order. The common money order was limited to five thousand dollars. An amount of up to 50 thousand can be sent in instant money order.
