Legal Question in Banking Law in India

Money Transfer

I had remitted 5001$ to India through Remit2india (website by name) on 8-Nov-05. Before booking this transaction I checked with their Customer Representative if there is any special offer going on for old customers, since I had used this site for remittance earlier as well. Upon which I was told that I would get highest slab rate(exchange rate applicable on day of conversion) + extra 12 paise/dollar and I was asked to send my remittance details along with whatever rate was decided to their representative.

But the money which was finally converted did not have the extra 12 paise/dollar added to it.

I have been writing emails and following up with the Customer representative who had assured me of this offer but no one is giving me any update on this. No one responds to either of my mail or phone call.

Can you please help me ?


Asked on 11/17/05, 4:58 pm

1 Answer from Attorneys

Ankur Mittal MITAL & MITAL Advocates

Re: Money Transfer

Dear Sir,

Your remedy lies at the common law.. u can initiate action for breach of promise [contractual obligation].

You have not detailed if your communication with the company was oral or written [the evidence in ur possession to prove ur case] and more details to give any concrete opinion.

Read more
Answered on 11/18/05, 2:34 am


Related Questions & Answers

More Banking Law questions and answers in India