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Best bank to deposit AdSense cheques in India

     
3:39 am on Feb 16, 2011 (gmt 0)

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A question to Indian webmasters on board.

Which is the best Indian bank to get AdSense cheques cleared quickly and promptly? Seems Indian AdSense Publishers get their USD denominated cheques issued by CitiBank NA, New Castle, DE
5:46 am on Feb 16, 2011 (gmt 0)

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Citibank India.
The cheques are denominated in INR.
7:56 am on Feb 16, 2011 (gmt 0)

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cheques are in INR, so where ever you deposit, it gets cleared within 3 days in any bank.
11:41 am on Feb 16, 2011 (gmt 0)

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Yes, any bank as Google cheques are payable at par.
1:44 pm on Feb 22, 2011 (gmt 0)

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I get the checks in US$. Takes 30 days to arrive by mail and another 30 days to realize into my EEFC account after deposit. Any advantage in getting in INR? I am a member of STPI and according to their rules you need atleast 50% of revenues from foriegn (as opposed to domestic) clients to qualify for tax breaks. Does a INR check from G qualify as "foreign income"?
 

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