Guide to Receiving Funds from TPF Company in India

If you are a recipient looking to receive funds from TPF Company in India, this guide will help you understand the process and requirements involved. TPF Company is seeking genuine Private Limited (Pvt Ltd) company receivers with a minimum balance of 50 INR in their accounts. Please note that this process does not involve cash transactions; it exclusively deals with Demand Drafts (DD) and Real-Time Gross Settlement (RTGS).

Payment Tiers:

For a balance of 50-150 INR, additional 20 INR for media (referred to as ABC). For a balance of 100-350 INR,additional 50 INR for meida (ABC).

Process: Day 1:

You, as the recipient, along with a media representative, will visit the bank. Media bookie will assist in making the RTGS booking on your behalf. You will create a DD for the same booking amount, which will be held in joint custody.

Day 2: Both parties will exchange original Know Your Customer (KYC) documents.

Day [Termsheet Date]: At a later agreed-upon date, convenient for both parties, either you or we will visit the bank. You'll need to show your account balance and provide a current bank statement. After reviewing the statement, you'll need to transfer 50,000 INR to a designated account. Once the transfer is done, we'll verify the deduction through a new bank statement. Then you will create a DD for the same amount. During this time, we'll perform the RTGS transaction in your presence. You can also perform in-and-out transactions if needed.

Important Notes:

Funds must come from a profitable source, not borrowed or drawn from any Credit Card (CC) or Overdraft account. Original KYC documents for all board members of both the donor company and receiving company are mandatory. The director of the company generating the DD should not be the same as the director of the receiving company. If you are interested in this process, please contact bhartisaurabh416@gmail.com. Depending on your preferences and circumstances, there are options to accommodate your needs regarding DD assurance, document exchange, and disclosure of the donor company's name. Ensure that you meet the minimum account balance requirement and have the necessary KYC documents ready before proceeding.