Setting Up Google AdSense Electronic Funds Transfer Facility

Wait is Over! Finally, Google AdSense has made wire transfer facility available for every Indian publishers. This is a great days for Indian publishers. Publishers no need to wait for 20 - 30 days to receive the check and then 7 - 30 days to get clear the check. This is surely rejoice time for Indian publishers. Google is changing in Payments settings to improve the payment process for publishers from many days and this is the results of that changes. Before setting up Electronic Funds Transfer Facility many of you eager to know about wire transfer facility. Read also : How to setup AdSense matched content ad unit.

What is Wire Transfer 

A wire transfer is a method of Electronic Funds Transfer (EFT). It allows you to receive funds directly into your bank account. With the help of this facility Google sends your earnings either in U.S. dollars or Euros, depending on your account currency, via international wire transfer to the bank of your choice and you will get the money in the bank account you specify. This is a fast, simple, and secure method for sending your payments. Read also : how to add AdSense ad below blogger post title.

Upgrading AdSense Account For EFT

To avail Electronic Funds Transfer (EFT) you need to follow the below steps.

Step 1. Sign in to your AdSense account.
Step 2. Once logged in, click the gear icon  and select Payment. See the below image fro your reference.




Step 3. After that in the left sidebar menu, click Payment settings or click Edit against Form of payment marked in the red in the below image. See the below image for your reference.



Step 4. In the "Available forms of payment" section, click Add new form of payment. See the below image fro your reference. Read also : How to make money online from home.


Step 5. Finally, you are switched to the required form to provide the following five mandatory information. 
Account Holder Name

Here you need to enter the name of account holder. After entering account holder's name make sure that the name and address listed on your AdSense account match with what's listed on your bank account.

Bank name

Here you need to enter the full name of the bank in which your earnings will be credited. 
IFSC

Here you need to enter the Indian Financial System Code (IFSC) of the bank in which your earnings will be credited. An IFSC is an alphanumeric identification code for the bank and branch. An IFSC code contain 11 letters and numbers. You may find your bank branch IFSC code in the front page of your passbook or in the cheque provided by your bank. Read also : How to track lost/stolen mobile phone and erase data remotely.

SWIFT-BIC

SWIFT - BIC (Bank Identifier Code) code  is widely known as SWIFT code which is a unique identification code for a particular bank or branch. SWIFT and BIC stands for Society For Worldwide Interbank Financial Telecommunication (SWIFT) and Bank Identifier Code (BIC). The SWIFT code consists of 8 or 11 characters. The first 4 characters are bank code and next 2 characters are country code thereafter next 2 characters are location code for the bank branch and last 3 characters for the bank branch code.

The main difference between IFSC code SWIFT code is that SWIFT code is a code that is assigned to any institution that acts as the institution’s identity in the foreign market. IFSC code is used to identify the branch of bank within India.

Bank Account Number

Here you need to provide your bank account number in which you want to receive your earnings. After that you need to Re-type your account number again.

The above five information are most important to receive payments by wire transfer. 

Step 6. After providing the details of the form recheck the form to make sure that the data you have entered are correct and there is no mistake. After that click Save. After Save your account you will see the page like the below image. Read also : How to make your blog push notification ready.





Setting Up Google AdSense Electronic Funds Transfer Facility Setting Up Google AdSense Electronic Funds Transfer Facility Reviewed by Mani on May 02, 2014 Rating: 5

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