If you have already initiated a Local Bank Deposit with NETELLER, you are ready to proceed with depositing the funds at the bank.

You can make a Local Bank Deposit in India at an ICICI or ABN AMRO bank branch by using one of the following four banking options:

• Cash deposit at an ICICI or ABN AMRO bank branch
• Cheque deposit at an ICICI or ABN AMRO bank branch
• Over the counter transfer at any NEFT or RTGS supported bank
• E-banking from any NEFT or RTGS supported bank

Cash deposit at an ICICI or ABN AMRO bank branch

1. Visit an ICICI or ABN AMRO bank branch to make a deposit at the bank of your choice.
2. Fill out a deposit slip with the following details for the bank that you have chosen:

3. Deposit the cash amount at the bank counter. You will receive a stamped deposit slip. NOTE: If you are depositing more than INR 50,000m, the bank employee is required to ask to see your PAN card or a photo copy of your PAN card.

4. Scan or take a color photo of the stamped deposit slip and email it to INRdeposits@neteller.com. NOTE: If we do not receive the scanned deposit slip from you or the deposit slip is not stamped, we will not credit the funds to your NETELLER account.

Cheque deposit at an ICICI or ABN AMRO bank branch

1. Visit an ICICI or ABN AMRO bank branch to make a deposit at the bank of your choice.
2. Fill out a deposit slip with the following details for the bank that you have chosen:

3. Deposit the cheque at the bank counter. You will receive a stamped deposit slip. NOTE: Please do not deposit your cheque via any drop box or ATM collection center box because you will not receive a stamped bank deposit slip.

4. Scan or take a color photo of your stamped bank deposit slip and email it to INRdeposits@neteller.com. NOTE: If we do not receive the scanned deposit slip from you or the deposit slip is not stamped, we will not credit the funds to your NETELLER account.

Over the counter transfer at any NEFT or RTGS supported bank

1. Visit the bank of your choosing. Ensure that the branch supports NEFT or RGTS transfers. Click here or here for a list of banks that support NEFT or RTGS transfers.
2. Fill out an NEFT or RTGS form with the following banking details for the NETELLER bank account that you have chosen:

3. Process the NEFT or RTGS transaction at the bank counter. You will receive a stamped transaction receipt

4. Scan or take a color photo of the transaction receipt and email to INRdeposits@neteller.com. NOTE: If we do not receive the scanned deposit slip from you or the transaction receipt is not stamped, we will not credit the funds to your NETELLER account.

E-banking from any NEFT or RTGS supported bank

1. Before you use this option for the first time your bank will require you to register the NETELLER-designated bank account as your “Registered Payee”. It usually takes 3 working days for the bank to complete the registration. Depending on your bank, you may be asked to:

Enter the beneficiary bank/branch info directly.

OR

Select from a list of bank/branch available. Be sure to select the correct bank/branch because some banks may only show a partial bank/branch address (e.g. “Sakhar Bhavan, Mumbai” instead of “Sakhar Bhavan, Nariman Point, Mumbai”).

2. Once the registration is complete, initiate a 3rd party transfer of funds from your bank account to the payee account (NETELLER). When the transaction is complete you will see a confirmation page on your screen.

3. Take a screen capture of the confirmation page and email it to INRdeposits@neteller.com. Provide your 12-digit NETELLER account ID in the “message/subject” field of your email

We’ve had a great conversation with you on our recent blog entry “NETELLER’s new deposit option for India” which has made us realize that there are still quite a few unanswered questions with our new deposit option. Here’s hoping this clarifies things for you, and let us know in the comments if you still have questions or if you think there’s anything else we can do to make it easier.

Step 1: Initiating your Local Bank Deposit transaction

Before going to the bank to deposit the funds, you will need to notify NETELLER of the transaction. You can do this by initiating a Local Bank Deposit in your account. Sign in to your NETELLER account and choose the Deposit tab. Select “Make a deposit” beside the Local Bank option.

Step 2: Choosing your country, currency and amount

The “Local Bank Transfer for India” deposit option only supports deposits in Indian Rupee (INR) from a bank in India so you must select the country India and the currency INR. If your account currency is not INR, please enter the amount as if you were depositing in your wallet currency (e.g. 100 if your account is in USD, not 5,035 or so INR) and we will convert the amount into INR in the next step.

Step 3: Confirm your transaction

Verify the deposit details. If your account is in a currency other than INR, you will see the converted INR amount beside “Total deposit amount”. Ensure you deposit this exact amount when you make your deposit to the designated NETELLER account.

Step 4: Complete the transaction

Make note of the following information for the bank that you choose:
• Bank account holder/beneficiary
• Bank address (for e-banking, NEFT and RTGS)
• Bank account number
• Deposit amount (Ensure this is the exact amount indicated in your transaction details)

You are now ready to proceed to the next step – Depositing at a bank.