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Money transfer to India via IOB

Prem Kumar on Thursday, January 24 2013, 04:27 PM
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Dear All,

If anyone transferring money via IOB, Seoul to other bank in India, kindly clarify.

I find that Rs.100 is being deducted for each transaction though we pay KRW 25,000 i.e., 5,000 extra for non-IOB bank.

I want to know whether anybody know the reason for this 100 rupees being deducted before landing in our A/c.

Please reply.  

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