How do you process money come from PayPal to company's bank account(INR) in India?

Discussion in 'Payment Processing' started by Anna01, Oct 1, 2011.

  1. #1
    Hi everybody! I have created PayPal business account linked to company's bank account in order to sell goods on Ebay (export only). If someone have the same conditions could you explain me the following: when money comes from paypal to your bussines bank account do you need to provide bank with any proof (invoice or something else) to explain what the money is it? I suppose if money comes from paypal it is export relating transaction and it is a foreing remittance, what it the rules and maybe some specific things that it is suggested to know when you receive it. I am new in India ... so I would so gratefull for your suggestions.Thanks:)
     
    Anna01, Oct 1, 2011 IP