My indian bank asking for an invoice copy with this things to process payments in INR
Banks mail me to send this information:
'Kindly share us the agreement copy between you and remitter for the services provide from your end or ask the remitter to declare on their letter head all the details for which they have requested you to provide services along with transaction details.
1.Amount in INR
2.Account to which they will credit the funds
3.Remitter Name
4.Beneficiary Name
5.Purpose of remittance'
Please help me in this case they hold my whole payments.
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Hey Mahendra Solanki - Could you email this request to payments@mediavine.com?
Just a heads up - This email is only for payment-related questions. Any other questions should still be directed to the community.0 -
Hi Mary! I was also curios how the payments will work on our first payout and i asked my bank to and they told me what the will require in order to release any funds coming in from mediavine. I hope this isn't too much for you to read but here are their exact words:
1. Source of the Funds
You will need to provide evidence that explains the origin of the funds. Acceptable documents include:
Bank Statements: Showing regular income deposits, savings, or investments.
Pay Slips or Salary Statements: Demonstrating regular employment income.
Business Income: Profit and loss statements or tax returns for self-employed individuals.
Legal Settlement Documentation: If the funds are from a legal settlement.
Pension Statements: Demonstrating regular pension income.
Dividend Statements: Showing income from dividends.
Other Income Sources: Any other legitimate source of income that can be documented.
2. Purpose of Funds
Evidence must be provided to demonstrate the intended use of the funds. Acceptable documents include:
Receipts or Invoices: Showing payments made for goods or services.
Legal Fees: Invoices from legal professionals for services rendered.
Bank Statements: Showing withdrawals or transfers corresponding to the intended purpose.
Business Plans: Demonstrating use of funds for business development or expansion.
3. Relationship with the Sender
If applicable, evidence of the relationship with the sender must be provided. Acceptable forms of evidence include:
Contractual Agreements
Correspondence or communication evidencing the relationship
4. Identity of the Sender
Documentation to verify the identity of the sender is required. Acceptable forms include:
Government-issued ID
International Passport
Other official identification documents
5. Transaction Frequency
A confirmation of whether the transaction is a one-off or recurring payment might be required. If the transaction is noted/approved as a recurring payment, you would not need to go through this process again barring any flags.
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Mahendra Solanki Did you get any agreement/ letter? I'm in a similar situation. I emailed payments@mediavine.com but no response so far
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Hey Mahghang Fonkwa Asobo Cynthia - You would need to email payments@mediavine.com. They are currently out of office during the weekends but they would be able to jump in when they're back at their desks on Monday.
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No, they are not processing, I am banking with HDFC. Change your payment method for now. I changed it to Paypal. If they are not processing your payment, you should wait until they reject and give back to the Journey.
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Mahendra Solanki Thanks for the reply. Did you get the letter you requested from Mediavine Journey?
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Hey Mahendra Solanki, did mediavine payment support team answer you, or provided you with any of the info you asked in a documented format
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Did your get an invoice copy form mediavine in the desired format asked by hdfc bank? I am stuck in similar situation
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I just did one thing, I changed the payment method to Paypal for India now.
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My payment was processed succefully, you just need to create a invoice on your letter declaring invoice no, bill from, bill to and what the payment is for thats all.
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Journey is Self Supported
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