MoneyGram celebrates launch of money transfer service Indian bank accounts


MoneyGram, a leading global money transfer company, celebrated the recent launch of it its new cash-to-account money transfer service to bank accounts in India at an event in the Entertainment Quarter in Moore Park.

MoneyGram is an official sponsor of the ICC Cricket World Cup 2015 Australia and New Zealand and the ‘Thunder Nation Cup’, Sydney Thunder’s community cricket program.


The launch was attended by Indian community media, community leaders and cricket leaders. Following the launch, attendees watched the ICC Cricket World Cup 2015West Indies vs. South Africa qualifying match, won by South Africa.

Money Gram’s service taps into the national Indian banking payments network, the NEFT network. With a real-time connection through Axis Bank, MoneyGram provides its customers around the globe with access to the efficiency and speed of the India NEFT network to send international money transfers directly into rupee-denominated bank accounts. Customers can send funds through MoneyGram to all major banks in India including Axis Bank, Punjab National Bank, ICICI, HDFC, State Bank of India (SBI) and many more.

“We are delighted to celebrate the recent launch of our new bank account deposit service to India during the ICC Cricket World Cup 2015 Australia and New Zealand. Our agents around the country can now provide this superior service offering to customers seeking a fast and efficient way to send funds directly into any Indian bank account with excellent exchange rates,” said Michael Minassian, MoneyGram’s senior regional director for Australia & Oceania.

VIP guests included rising South Asian Community stars Ahillen Beadle and Abdul Hameed Kherkah who both spoke about their first year playing experience with the Sydney Thunder in the T20 Big Bash League 2014-2015 (BBL).

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