Can I cancel a money transfer from Mongolia to India after it's sent?
Yes, in most cases, you can cancel a money transfer from Mongolia to India if the funds haven't yet been received in India. To do so, contact the provider's support team in Mongolia or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Mongolia and India.
Are there limits on how much I can send from Mongolia to India?
Yes, most providers have limits on international transfers from Mongolia to India. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Mongolia to India may require identity verification or proof of source of funds.
Can I send money from Mongolia to a bank account in 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.
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.