Thursday, September 29, 2011

Kapil Sibal launches money Transfer solution system.

Rohit Dhyani: HRD Minister Kapil Sibal today commenced the MoneyGram service and displayed the ease in the transaction through the new system.



India Post, the largest distribution postal network in the world, and the MoneyGram International, the fastest growing global money transfer company joined hands today to offer convenient money transfer solutions to Indians.


Shri Kapil Sibal, the Union Minister of Communications and Information Technology commenced the scheme by conducting a remittance transaction through the MoneyGram service and displayed the ease in the transaction through the new system. The transaction was made from UAE to Delhi. India Post and MoneyGram have planned a joint marketing endeavor in a number of states.

This partnership with MoneyGram will provide valuable service to those customers, particularly in rural areas, who are not fully served by banks and other financial institutions, he added.