1. International Financial System (IFS) Money Order [Electronic International Money Order- eIMO] 4.6.1

2. IFS MO Operated through IFS software of UPU All POs authorised to book & pay eMO can book & pay IFS MO Two types of IFS MO – Urgent Money order- Payable at any PO identified for IFS MO transaction irrespective of payees address – Normal Money order- Specifically payable at payees address 4.6.2

3. IFS MO Inward Limit – Maximum -USD 2500 per remittance – 30 remittances to single recipient for an year Payment above 50000/- through cheque To be paid within validity period of 45 days 4.6.3

4. Booking of IFS MO Purpose of remittance to be entered in TFP-2 Currently outward remittances are not operationalised 4.6.4

5. The Electronic International Money Order Service, Amalgamation of two IT systems viz. – International Financial System (IFS) software of the Universal Postal Union (UPU). – eMO of India Post. Both Inward & Outward remittances. Currently only inward remittance is enabled IFS MO will ride on the existing eMO network. Service available in 18,000 Post Offices across India. – All eMO Delivery Post Offices can pay IFS Money Orders. – All eMO Post Office can Book IFS Money Orders. Presently Service not available in BOs & Non Computerized POs. 4.6.5

6. Types of inbound MOs Urgent : Payable in any eMO Offices irrespective of Payee’s address. Payee shall approach POs with Transaction details, copy of valid ID proof & Address proof. Timeline : 2 calendar days from the receipt in India. Validity : 30 calendar days. Normal : Payable at Payee’s address as normal eMOs. “Post Restante” facility is also available. Timeline : 5 calendar days from the receipt in India. Validity : 45 calendar days. 4.6.6

7. Payment of Normal IFS MO Paid by the destination PO based on the pin code Procedure as prescribed for eMO to be followed Payment is made on production of ID proof & photocopy is preserved Payment up to Rs. 20000/ effected at the doorstep of the payee through Postman module Above 20000/-, intimation sent through postman, payment at Post office only 4.6.7

8. Payment of Urgent IFS MO Payee to visit any eMO office and submit ID proof, IFS MO number, Name of remitter etc., eMO PA prints IFS MO by entering the details Procedure for window payment of eMO to be followed The paid voucher preserved in the office of payment 4.6.8

9. Thank You 4.6.9