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Electronic Fund Transfer for Indian Adsense Publishers

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Google recently started Electronic Fund Transfers (EFT) for AdSense publishers in India. This is also called as wire transfer payment. It is already available to some foreign countries like Australia, United States, Italy, United Kingdom etc. But Google kept only one payment option for Indian Adsense publishers for a long time that is standard check payment. There are a lot of problems along with this standard check payment option. Basically it takes 10-30 days once Google issues the payment, because of courier delivery system. Now all these problems resolved with EFT payment method, from now on wards payments done very quickly by linking your Adsense account with your bank account. It is very easy and hassle free process of getting payments from Google Adsense.
In an official email to all India Google Adsense publishers on 28th April 2014, they have announced about upcoming updates to AdSense account. Earlier on March 2014, Google Adsense had rolled out the Beta testing of the International Wire Transfer payment mode. Indian AdSense Publishers may opt-in to receive their AdSense earnings directly into their bank account automatically, within 3-5 business days. Note that the wire transfer option is available as an invitation mode for Indian publishers and they can choose this method for the upcoming March, 2014 scheduled payment. Thereafter, for any month you may go for new payment system and receive all your AdSense earnings directly into bank account just within 24 hours.
One important thing that publishers need to keep in mind is that EFT payments will accrue a small fee (typically Rs. 56/- to Rs. 110/- ). However, during the beta testing it is seen that better exchange rates easily offset for the small fee that gets levied.

To Receive Payments Through EFT Payment Method You Need To Eligible For The Below Criteria

  • Your Adsense Account must be approved through pin or direct method.
  • Your Payment address must be located in India
  • Maintain minimum $100 balance in your adsense account ready to be issued.
  • You must have Personal Bank Account with an Indian Swift code which have 8 or 11 characters and IFSC code.

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