Simply Money

Simply Money

Money Gram

MoneyGram is the second-largest money transfer company in the world with business operations in Global Fund Transfer. The company, which was founded in Minneapolis as Travelers Express, started as a small money order operation in 1940.  MoneyGram is listed on the New York Stock Exchange under the ticker symbol MGI. The company first passed the billion dollar mark in revenue in 2006. MoneyGram has 293,000 agent locations in 197 countries and territories

Over the years Simply Money Services Private Ltd. has emerged as a strong Sub-Agent of Money Gram in India and is gaining more and more strength in terms of service with every passing day. So, if you intend to send money to someone in India then make sure, you do it through Money Gram International to Simply Money for disbursement.

EASY: For receiving money in India a customer has to fill up a very simple form. This form contains basic information relating to the transaction like Reference Number,  name of the receiver, name of the sender, amount, country etc. which any person having elementary education can also fill up. Otherwise, our Front Office Executive can also help the customer to fill up the form. Further, to receive money, a person do not need to open a bank account if  his transaction is less than Rs. 50,000/-. Payment in those cases is made in cash. The Receiver will be required to present a proper photo identification for any transaction and will be paid immediately. This way Simply Money and Money Gram are much more convenient than any Bank. 

LEGAL: Money Transfer services in India are being provided by Simply Money in association with Money Gram as per the license issued by Reserve Bank of India. The conditions prescribed by RBI in this regard are strictly adhered to by the Company and its entire network all Anti Money Laundering laws, KYC norms and other regulations are duly complied with.

Produce any one of the following valid photo identity:
IDs acceptable for transactions:


IDENTITY PROOF BEARING PHOTO: Legal name and any other names used

1. Valid Passport
2. PAN card
3. Voter's Identity Card
4. Valid Driving licence
5. Identity card (eg. Central Govt / State Govt employee id card, employee id of Armed forces/ Paramilitary forces, Employee id of RBI/SEBI,TRAI,IRDA).
6. Letter from a recognized public authority or public servant verifying the identity and residence of the customer.


PROOF OF ADDRESS: Correct permanent address. (To be obtained where id Proof does not contain address)

1. Telephone bill
2. Bank account statement
3. Letter from any recognized public authority
4. Electricity bill
5. Ration card
6. Letter from employer (i.e. Govt. Depts., Public Sector Corporations, Banks & well known Companies).


1. Valid Passport with Valid Visa
2. Valid Refugee Cards

Forex Rates

  •   Currency Buy Rate Sell Rate
  • 223 USD 62.20 66.90
  • 31 GBP 78.30 84.20
  • 195 EUR 67.00 71.80
  • 13 AUD 46.10 52.70