Are there limits on how much I can send from Madagascar to India?
Yes, most providers have limits on international transfers from Madagascar to India. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Madagascar to India may require identity verification or proof of source of funds.
Do I need a bank account in Madagascar to send money to India?
Not necessarily. Many international services operating in Madagascar offer cash transfers to India, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Madagascar to India, an account will be required.
What should I do if I lose my transfer information?
Contact the service's customer support immediately so they can assist you.
You may be required to provide personal information and the transfer number.
What are the advantages and disadvantages of using a SWIFT bank transfer?
Advantages: Large amounts can be transferred securely.
Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.
