Do I need a bank account in Mongolia to send money to India?
Not necessarily. Many international services operating in Mongolia 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 Mongolia to India, an account will be required.
Can I transfer money in another currency?
Yes, most services allow you to transfer money in various currencies.
The exchange rate will be set by the service at the time of the transfer.
How much is the commission for your service?
We do not charge any commission from the users of our system.
When sending money from Mongolia to India, you can typically pay using a bank card issued in Mongolia, a bank account transfer, or cash at a local agent location. The available payment methods may vary depending on the service you choose to transfer money to India.
Yes, many international money transfer services allow you to send money from Mongolia directly to a bank account in India. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for India banks.