Fund received from overseas
This query is : Resolved
15 June 2017
Hi,
Recently, the company where i am working got a deposit from overseas from a friend of the MD. The person who transferred this is an Indian he transferred the amount when he was onsite for a project. This is kind of a loan, What explanation i can give to bank for this remittance ? Please advise,
Thank You.
Recently, the company where i am working got a deposit from overseas from a friend of the MD. The person who transferred this is an Indian he transferred the amount when he was onsite for a project. This is kind of a loan, What explanation i can give to bank for this remittance ? Please advise,
Thank You.
Amol S Joglekar
(Expert)
15 June 2017
you can tell the facts and truth to bank.No any harm
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