Domestic money transfer agent registration

A counter service that lets a walk-in customer send cash to any bank account in India. You collect the cash, the transfer goes out through a sponsor bank, and you earn on the transaction.

People without a smartphone, without a branch nearby, or without the confidence to use either — very often migrant workers sending money home. It is one of the few services where the counter is genuinely the point rather than a convenience.

Limits are set by the sponsor bank under the RBI framework, and they have changed more than once in recent years. We will tell you the figures that apply to your account today rather than publish a number here that quietly becomes wrong. Call +91 91091 35959.

Because an agent who reads a limit on a website and repeats it to a customer is the one who looks wrong when it has changed. Ask us, and ask again if you have not transacted for a while.

Yes. Each remitter is registered and verified against their own mobile number before their first transfer. That record of who sent the money is the whole point of the regulation — see how activation works.

No, and this is the most serious thing you can get wrong here. Routing several people's money through one registered remitter is very difficult to explain afterwards and puts your own account at risk.

It reverses. Confirm the reversal before re-sending — a duplicate transfer is harder to unpick than a delayed one.

This is why you verify the beneficiary before accepting cash. Once funds reach a valid account, recovery depends on the receiving bank and the account holder. Prevention is genuinely the only reliable remedy.

It depends on the bank or partner you are onboarded through, which is why we quote it on enquiry rather than publish a rate that would be wrong for most readers. See pricing.

Rarely. It works best on a counter that already has footfall and already holds a wallet balance — alongside recharge, bill payments or ticketing. As a standalone business it is thin.