Cash Payout is a service offering, where we payout cash to the beneficiary, per our system. When you do a cash transaction, we generate a Reference # and your beneficiary has to present the same to the payout location, along with IDs needed for such cash payout in accordance with local regulations. The name of beneficiary has to exactly match with that of the IDs produced. The KYC requirement of the cash payout agency has to be met as per local regulations at the time of payout. You will have to input the full details of the beneficiary into our system, plus give us few more details like address, etc., if the local regulations require the same. When Cash Payout is allowed in a payout country, our system will automatically option in the system as a drop down fill in box, where you can choose the service.
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