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BANK-WESTERN UNION REMITTANCES SCHEME

Under Money Transfer Service Scheme (MTSS) of Reserve Bank of India, Canara Bank has arrangement with Western Union Financial Services, USA. Only cross-border personal remittances, such as, remittances towards family maintenance and remittances favoring foreign tourists visiting India shall be allowed under this arrangement. Donations/contributions to charitable institutions/trusts, trade related remittances, remittance towards purchase of property, investments or credit to NRE Accounts shall not be made through this arrangement.