What payment methods are required to pay Tax Collected at Source?

TCS may be applicable for the following payment methods: 

1. Domestic Bank Transfer in INR (TCS amount will be displayed on Flywire's payment page and added to the total amount in INR to transfer after you provide PAN details)
2. ICICI Bank Account Holder Online Bank Transfer in INR
3. Cards (Visa/Mastercard/Amex/Diners) 
4. International Bank Transfers in other currencies

You can click here to learn more about the above mentioned payment options. 

Please note, Flywire only assists with the calculation and collection of TCS for Bank Transfer in INR payment method. Flywire will NOT directly collect TCS for the following payment methods:

• ICICI Bank Account Holder Online Bank Transfer in INR: ICICI will assess TCS (if applicable) on their Money2World payment platform. The TCS will be deducted directly from the bank account as a separate line item by ICICI 
• Card payments: Please check with your card issuing bank for the TCS amount (if applicable) as it should be charged to your monthly account statement
• International Bank Transfer: Please check with your local bank for the TCS amount (if applicable)