Google Adsense EFT For Indian Publishers

Complete Guide To Adsense EFT For Indian Publishers.

Google has already launched the beta of adsense EFT payments back in February and a limited number of publishers were able to apply for the same.But lately ,Google now
has officially rolled out Adsense EFT payments officially for Indian publishers.in this post we will discuss all about the latest EFT payment system introduced by Google and we will answer all the questions related to the same.

Google has now Officially Rolled out Electronic Fund Transfer in India

Minimum Eligibility Criteria for applying towards Adsense EFT program

• Your Adsense payment account must be located in India
• You should have a minimum balance of  100$ in your account
• You must own an Account in an Indian bank which have an official Swift code (8 or 11  number)

How to Apply for Google adsense EFT Program?

Before ,Indian publishers were asked to hold the payment for a while to enter into the list of EFT Applicants.But now that Google have officially rolled out the EFT payment system,you are no more required to self hold your payments.You will get a notification in your Account automatically after you collect $100.Once you get a notification ,you can click on it and progress to filling the required info for the wire transfer.
You require the following details before you can complete the application.

1. Payee name-Should be same as in the bank Account
2. Bank Account Number
3. Name of the branch
4. The IFSC Code - IFSC Code can be found in your passbook or can be received by reaching out to your personal bank
5. Swift Code /Swift Bic Code-This code is either 8 or in 11in number and is rarely found in pass Book.You can get this code by asking your bank manager or in case if you have any trouble going to the branch ,you can always give them a call via their toll free number and can ask for the Number.They would be happy to assist you

Which are banks that works well with adsense?

As per the info that we have ,a majority of the known banks in India supports adsense payments.If you are having any problem with your bank ,you can send a letter to the bank notifying them about adsense payments
+Tony John of techulator.com has already created a ready made letter which you can access here.following are the banks ,sorted according to the ease of working with adsense

1. State Bank of India
2. The Federal Bank Of India
3. ICICI Bank
4. HDFC Bank (Some users have reported bad experience with this bank.But always you can use the above mentioned letter to sort out the problem easily

When are adsense EFT Payments  issued?

Adsense EFT payments are usually issued on 21st of very month.But many of us received the payments before the deadline ,early as 18th and 19th of the month.You will get a notification on your account when Google issues payment.You'll also get a mail in regards to this

When does adsense payments gets deposited in your account?

Adsense wire transfers are very quick.Unlike the cheques that take weeks ,wire transfers or EFT payments usually arrive in your account within 4-5 days maximum of the date of issue.

Can we change the Google adsense payee Name?

Yes.Before few weeks ,this questions has been on of the hot debate across the web.Google never allowed Indian Publishers to change their payee due to intense spamming of the system and Abuses such as Account transfer etc.But with the introduction of the EFT wire payments,Google has allowed Indian publishers to change the Payee name.You will get an option to change the payee name when you fill the Bank info for the wire transfer .Still keep in mind that this doesn't grant you any right to transfer your account or abuse the system or work against the program policies of Adsense.

Payee name not matching the Name in Bank Accounts.What to do?

Adsense program policies clearly state that payee name should be in perfect match with the bank account.There for it is almost impossible to make any correction .But whilst ,you can start a new bank account in your adsense payee name .And you can also reissue the payment.

Few important things about Adsense EFT

• The Payee name must exactly match the Name on the Bank Account.Any discrepancy ,even so minute like in the case of an initial or so will result in rejection of the transfer.
• You can reissue payment three times if it have failed to get deposited before.
• You must also fill up your Tax information before you enrol of EFT payments else you won't be eligible for wire transfer.