Remittance limits under MTSS restrict per-transfer value and cap annual number of transfers to each beneficiary. Under the Money Transfer Service Scheme (MTSS), individual remittances are subject to a per-transfer monetary ceiling and a single individual beneficiary ... Summary
Remittance limits under MTSS restrict per-transfer value and cap annual number of transfers to each beneficiary.
Under the Money Transfer Service Scheme (MTSS), individual remittances are subject to a per-transfer monetary ceiling and a single individual beneficiary may receive no more than thirty remittances under the scheme in a calendar year; these limits apply within the MTSS/Rupee Drawing Arrangement framework.
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