Firstly, it is a legal requirement that the Exchange House / Remittance Company offering the remittance service must complete the KYC (Know Your Customer) process.

This involves physically verifying the Sender's (your) ID such as Passport, Driving License etc.

It is also for your own safety whereby nobody else can send money for illegal purposes claiming to be you.

Finally, it is for your own convenience and speed of service during the subsequent transactions.

Do not forget to pre-register your Beneficiaries also with the Exchange House / Remittance Company of your choice. We do not allow Add / Edit / Delete Beneficiary feature on this portal - again, for your own benefit, convenience and safety.

By pre-registering your Beneficiary, you ensure that the Exchange House / Remittance Company pre-sets all related information including the routing code of your bank so that your subsequent transactions are processed in the most speedy and efficient manner.

Remember, a little effort just once, will save you a lot of effort, time and money for your subsequent transactions.