Supporting documents for Electronic Fund Transfer (EFT) applications vary depending on the country or region where your nonprofit is located. Below are the specific requirements for nonprofits located in India.
Supporting documentation for nonprofits in India
Nonprofits in non-IBAN countries must provide an official bank document that includes the required account details. The document must be typed and display the following information:
FCRA FOREIGN ACCOUNT
Valid supporting documentation: Official bank document
Bank document must show the following typed items:
- Account currency (INR, Indian rupee)
- Account holder name (beneficiary)
- FCRA account number (on SBI letterhead)
- Bank name
- Bank address
- IFSC code
- SWIFT/BIC code
NON-FCRA DOMESTIC ACCOUNT
Valid supporting documentation: Official bank document
Bank document must show the following typed items:
- Account currency (INR, Indian rupee)
- Account holder name (beneficiary)
- Non-FCRA account number
- Bank name
- Bank address
- IFSC code
The supporting document must be clear, legible, and unaltered. All information entered in the application form must exactly match the details on the supporting document. If the form requests additional details not listed above, they must also be included in the document.
Before uploading, carefully review the supporting document to ensure it meets all requirements, and verify that the information entered in the form is accurate and consistent with the document.
Please note that your EFT application may be declined due to mismatched account details, incorrect or missing information, or an invalid supporting document. For more details, please refer to this article: Why was my EFT application declined?