services company,announced that it will align with six Indian community
associations in Sydney and Melbourne to support their community efforts and
create greater awareness and understanding of MoneyGram’s innovative money
transfer services such as account deposit services to all major banks in India.
MoneyGram will work with Gujarati Samaj NSW, Super Sikhs Sports Club,
Melbourne Malayalee Federation VIC, Sydney Malayalee Association NSW,
Sydney Tamil Manram NSW and Sydney Telugu Association NSW to help
support the Indian communities in the cities.
“We are delighted to have this opportunity to engage withthe Indian community
through these active associations,”said Michael Minassian,MoneyGram’s senior
regional director.“Through this program, we hope to educate consumers about
MoneyGram’s quick and reliable account deposit services and other products we
offer so that they can send money to their loved ones in India.”
MoneyGram’s account deposit service taps into the Indian banking payments
network, the NEFT network. Through Axis Bank, MoneyGram provides its
customers around the globe with access to the efficiency and speed of the India
NEFT network to send international money transfers directly into rupee-
denominated bank accounts. Customers can send funds through MoneyGram to all
major banks in India including Axis Bank, Punjab National Bank, ICICI, HDFC,
State Bank of India (SBI) and many more.
MoneyGram currently offers a $0 transfer fee from Australia over AUD $1,000 to
a bank account in India. A currency exchange rate set by MoneyGram or its agent
About MoneyGram International, Inc.
MoneyGram is a global provider of innovative money transfer services and is
recognized worldwide as a financial connection to friends and family. Whether
online, or through a mobile device, at a kiosk or in a local store, they connect
consumers any way that is convenient to them. They also provide bill payment
services, issue money orders and process official checks in select markets. More
information about MoneyGram International, Inc. is available at moneygram.com.
MoneyGram International can further be contacted at-
P: +612 826 85915
M: +61 497 555 490
Level 4, 10 Spring St Sydney
Sydney NSW 2000, Australia