Advance Payment: Projects are normally
started upon receipt of an advance payment. The amount will vary with
each project. Normally we receive the full payment for:
1) pilot projects
2) design and analysis reports
3) small projects
How and Where to Pay: We will
provide the information so that you can wire payments to our bank or mail
a check to our bank. Wiring is the normal means by which most businesses
make their payments.
International Monetary Conversions:
Money transferred into an American bank must be converted into
the correct dollar amount agreed upon. (Fluctuating exchange rates can
result in a deficit in the amount transferred.)
Invoice Schedule: We send
invoices by e-mail on or near the 1st and 15th of each month.
Payment Schedule: Payments
must be made within three days of receiving the e-mail invoice.
We greatly appreciate notification on the day that the payment was wired.
Hourly Rates: Some projects
are billed by the hour. We expect payment at the end of a billing period
rather than at the end of a phase of work.
A typical bank transfer from the US: IndiaWebDevelopers has accounts with a leading Indian bank that in turn has accounts with Chase Manhattan Bank, New York. When a US client transfers funds from his bank, it does not get transferred directly to our bank in India. Funds first get transferred to the Indian bank account (held with Chase Manhattan, New York) and further gets transferred to our bank in Bangalore.
