Under the DMT framework, banks can appoint intermediaries and agents (business correspondents) to collect cash from migrants and send it to their relatives. The cash is then deposited into a common account before being transferred to the recipient’s UPI account. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
