Corporate Money Order

It is  a service designed to transfer large amount of cash across the country in short time.  It is open to an institution,   company ,   Corporation,  or   Consultancy  Firm   which periodically transfers money to its units. Linked with 100 centers in the country. Transmission through     VSAT or STD telephone computer modem facility.  The members will have to deposit through pay order/ cheque and the payment of destined center will be by cheque.

It is  a service designed to transfer large amount of cash across the country in short time.  It is open to an institution,   company ,   Corporation,  or   Consultancy  Firm   which periodically transfers money to its units. Linked with 100 centers in the country. Transmission through     VSAT or STD telephone computer modem facility.  The members will have to deposit through pay order/ cheque and the payment of destined center will be by cheque.

Wide Scope

• Corporate money order is the only solution for providing efficient & quick transfer of high volume cash  upto Rs. 1 Crore to far flung   areas through VSAT net work.
• Deposit the pay order/cheque along with the commission payable at the post office.
• The advice of pay order will be issued by CMS centre  and communicated to the centre which serves the payee through VSAT Network.
• On receipt of the CMO advice, a contra cheque will be issued by the Postmaster of the receiving CMS centre on its own current,  payable to the payee named by the remitter institution. The receiving CMS centre will intimate the issuing office which will then serve an intimation to the remitter.

Tariff