How to Get Google Play Books Store Payment from Your Local Bank Fastly

 

If you are an author or publisher on Google Play Books Store and want to receive your earnings in your local bank account, there’s a simple process to follow. One crucial step is submitting a Declaration Form for Telegraphic Transfer (TT) to your bank. Without this form, your local bank may not process the payment. This guide will walk you through the steps to complete this process efficiently.

Step 1: Understand the Purpose of the Declaration Form

The Declaration Form for TT ensures compliance with the Foreign Exchange Management Act (FEMA) and provides the bank with essential details about the inward remittance. It is a mandatory requirement to process foreign earnings into your local bank account.

Step 2: Prepare the Information Needed

Before filling out the form, gather the following details:

• Your Bank Account Details: Account number, bank name, and branch address.
• Sender Information: Name and address of Google Play Books Store.
• Earning Purpose: Mention that the remittance is your share of book sales earnings.
• Currency and Amount: Specify the currency (e.g., USD) and the remitted amount.

Step 3: Format of the Declaration Form

Below is the format of the Declaration Form for TT. You can use it to draft your document:

DECLARATION FORM FOR TT

The Branch Manager,
[Bank Name]
[Branch Address]

Subject: INWARD REMITTANCE

Details of Remittance

• Currency: [Specify Currency, e.g., USD]
• Amount: [Specify Amount]
• Sender Name: Google Play Books Store
• Sender Address: [Google Play Books Store Address]

Purpose of Remittance:
I am an author and publisher with Google Play Books Store as a partner. The payment is my earnings from book sales.

I/We authorize you to credit the proceeds in Indian Rupees to my account as follows:

• Account Number: [Your Bank Account Number]
• Bank and Branch: [Your Bank and Branch Details]

Declaration under Section 10(5), Chapter III of FEMA:
I/We hereby declare that this transaction does not involve or aim to contravene any provisions under FEMA or its associated rules. I/We will provide any required information/documents related to this transaction as requested by the bank.

Place: [Your City]
Date: [Insert Date]

(Digital Signature)
Beneficiary Name
Telephone/Mobile No.: [Insert Contact Number]

Bank Authentication with Stamp

Step 4: Submit the Declaration Form to Your Bank

• Fill in all the required fields of the form with accurate details.
• Attach any additional documents the bank may require (e.g., a copy of your agreement with Google Play Books Store or a payment statement).
• Submit the completed form to your bank’s branch handling foreign remittances.

Step 5: Wait for Confirmation

Once the form is submitted, your bank will process the transaction. Ensure you follow up with the bank to confirm that the payment is credited to your account.

By following these steps and providing the necessary declaration, you can efficiently transfer your Google Play Books Store earnings into your local bank account. Remember, accurate and honest declarations ensure compliance with legal requirements and prevent delays.

Watch the Full Video Tutorial at the End!

To make this process even easier, I’ve created a detailed step-by-step video tutorial explaining how to fill out the Declaration Form for TT and submit it to your bank. Make sure you watch the video at the end of this guide to avoid any mistakes and ensure a smooth payment transfer process.

Don’t miss out—it’s a must-watch for all authors and publishers working with Google Play Books Store!

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