MCQs On Guidelines issued by Directorate on eMO, IMO, IMTS, MMTS and IFS MO | IPO Exam Quiz | Group B Exam Quiz | Weekly Tests | Number 14 | Notes |

 

Guidelines issued by Directorate on eMO, IMO, IMTS, MMTS and IFS MO

 eMO: Electronic Money Order

  IMO: Instant Money Order

IMTS: International Money Transfer Service

MMTS: Mobile Money Transfer Service

IFS: International Financial System

WUMT: Western Union Money Transfer Service

eMO (Electronic Money Order)
Minimum Amount	₹ 1
Maximum Amount	₹ 5000

 

iMO (Instant Money Order)
Minimum Amount	₹ 1000
Maximum Amount	₹ 50000
iMO Number	16 Digit
IMO Commission Chart	Remittance Commission in INR 1000-10000 100 10001-30000 110 30001-50000 120

 

​International Financial System (IFS) is software developed by UPU to coordinate international remittance services among the partner countries. At present the service is operational with La Poste Group, France and UAE

IFS (International Financial System)
Remittances up to INR 50,000 can be received in cash
Maximum Limit	2500 USD
Maximum Limit of Transaction per year	30
UAE Unique MO Number	9 Digits
France Unique Number	26 Digits

 

International Money Transfer Service: As a result of the collaboration of the Department of Posts, Government of India with the Western Union Financial Services, a state of the art International Money transfer Service is now available through the Post Offices in India, which enables instantaneous remittance of money from around 195 countries and territories to India. The recipients can in fact collect the money in minutes after the sender has made the remittance

Service Discontinuation Dates
MO Videsh	06.02.2015
Mobile Money Transfer	26.03.2018
Instant Money Order	14.07.2020
Money Gram IMTS Service	02.05.2016