{"id":25232,"date":"2026-01-05T14:27:40","date_gmt":"2026-01-05T08:57:40","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=25232"},"modified":"2026-02-09T12:25:54","modified_gmt":"2026-02-09T06:55:54","slug":"p0807-purpose-code-software-exports","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/p0807-purpose-code-software-exports\/","title":{"rendered":"P0807 Purpose Code: Guide for Software Export Remittances &#038; Compliance"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">India\u2019s software export sector is growing faster than ever, with SaaS startups, IT service companies, and freelancers serving clients across the world. As this growth continues, the correct classification of international payments has become essential. That\u2019s where the P0807 purpose code is issued by the Reserve Bank of India (RBI) specifically for off-site software exports.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You must use the P0807 code when receiving payments from overseas clients for software development, licensing, or maintenance work that is completed entirely from India. Using the wrong code may lead to payment delays, compliance checks, or requests for extra documents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This article will help you understand and apply the P0807 code correctly so you can receive payments smoothly and stay compliant.\u00a0<\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0 0 8px 0; display: inline-block;\">Key Takeaways<\/h2>\n<ul style=\"display: inline-block; margin: 0 0 0 10px; padding-left: 18px; vertical-align: top;\">\n<li><span style=\"font-weight: 400;\">P0807 purpose code must be used for off-site software exports where the entire work is delivered remotely from India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proper documentation is essential\u00a0 invoices, SoW, and proof of delivery help classify the export under the correct code before receiving the payment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choosing between P0807 and P0802 depends on the service model.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tools like Razorpay MoneySaver Export Account can simplify compliance by offering one-click eFIRCs and faster settlements through regulated banking partners.<\/span><\/li>\n<\/ul>\n<\/div>\n<h2><b>What Is the P0807 Purpose Code and Its Scope?<\/b><\/h2>\n<h3><b>Deciphering P0807: Definition and Usage<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The P0807 purpose code falls under the RBI\u2019s Computer &amp; Information Services category and is assigned to off-site software exports. It covers software development, implementation, licensing, or enhancement work delivered remotely from India. The RBI uses this code to track foreign exchange inflows under <a href=\"https:\/\/razorpay.com\/blog\/foreign-exchange-management-act-fema\/\">FEMA<\/a> and ensure that exports are properly documented.<\/span><\/p>\n<h4><b>Transactions that qualify for P0807 include:<\/b><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Software development and coding projects.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Software maintenance, debugging, testing, or updates.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Remote support, cloud deployment, integrations, and licensing.<\/span><\/li>\n<\/ul>\n<p>Related read : <a href=\"https:\/\/razorpay.com\/blog\/streamlining-purpose-codes\/\">Mastering Purpose Codes with Razorpay<\/a><\/p>\n<h3><b>Why Is Accurate P0807 Classification Critical for Indian Exporters?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Using the correct P0807 classification helps your bank recognise the remittance as an export of services, which is important for FEMA compliance and national export reporting. It also ensures your payment is recorded as foreign exchange earnings, an advantage when applying for loans, incentives, or government schemes for exporters.<\/span><\/p>\n<h4><b>Why accurate classification matters:<\/b><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prevents delays in receiving international payments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduces the chances of compliance queries from banks or regulators.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Helps maintain eligibility for export-related benefits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Avoids penalties caused by misclassification or incorrect tagging of funds.<\/span><\/li>\n<\/ul>\n<h2><b>Navigating Regulatory Compliance: RBI and FEMA Mandates for P0807<\/b><\/h2>\n<h3><b>RBI\u2019s Mandate: Why Purpose Codes Are Non-negotiable<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They ensure every <\/span>foreign transaction complies with RBI\u2019s FEMA guidelines and stays within regulatory boundaries.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Purpose codes bring clarity to the nature of each transaction, making the flow of funds completely transparent.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">They act as a safeguard against misuse helping prevent money laundering, tax evasion, or fraudulent reporting.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Correct purpose codes allow banks to process remittances faster and with fewer queries or delays.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Banks cannot issue electronic Foreign Inward Remittance Certificates (e-FIRCs) or Foreign Inward Remittance Advice (FIRAs) without an accurate purpose code making them essential for <a href=\"https:\/\/razorpay.com\/gst-number-search\/\">GST,<\/a> audits, and export documentation.<\/span><\/li>\n<\/ul>\n<h3><b>FEMA Regulations: Ensuring Legality in Software Export Payments<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FEMA, 1999<\/span><span style=\"font-weight: 400;\">,<\/span><span style=\"font-weight: 400;\"> regulates how foreign funds enter India and ensures that export transactions follow proper documentation and timelines.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FEMA also makes it mandatory for exporters to bring their earnings into India within the stipulated time and through authorised banking channels<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As per the latest guidelines, export proceeds must be realised and repatriated to India within 9 months. The earlier 15-month COVID relaxation has been withdrawn and is no longer applicable.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An <a href=\"https:\/\/razorpay.com\/import-export-code\/\">Importer Exporter Code<\/a> (IEC) is mandatory for businesses exporting services.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Additionally, software exports qualify as zero-rated services under GST, which means no GST is charged, but you must keep proper documents to prove the export.<\/span><\/li>\n<\/ul>\n<h3><b>Understanding SOFTEX Forms and Their Reporting Requirements<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/razorpay.com\/softex-filing\/\">SOFTEX filing<\/a> is mandatory for all software exporters, regardless of business size or STPI status.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It must be filed within 30 days from the date of issuing the invoice.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The form helps banks and the RBI verify the export value declared under the P0807 purpose code.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It supports FEMA compliance and clean documentation for audits and GST exemption claims.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 800; padding: 7px 15px; border-radius: 7px; font-size: 16px; text-decoration: none; display: inline-block; white-space: nowrap;\" href=\"https:\/\/razorpay.com\/international-payment-gateway-india\/?utm_source=blog&amp;utm_medium=referral&amp;utm_campaign=internationalpayments\">Explore Razorpay&#8217;s Global Payment Solutions<\/a><\/p>\n<h2><b>Essential Documentation for P0807 Inward Remittances<\/b><\/h2>\n<h3><b>Key Documents to Prepare for Smooth Processing<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Invoice<\/b><span style=\"font-weight: 400;\"> \u2013 The invoice should clearly mention \u201coff-site software export\u201d or state that the work was performed remotely from India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Contract \/ Statement of Work (SoW)<\/b><span style=\"font-weight: 400;\"> \u2013 This confirms what was agreed upon between you and the client, including the scope of work, payment terms, and duration.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Proof of Delivery<\/b><span style=\"font-weight: 400;\"> \u2013 Banks often ask for evidence that the project was delivered. Client confirmation emails, completion reports, or acceptance letters are usually accepted.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Other Supporting Documents<\/b><span style=\"font-weight: 400;\"> \u2013 These may include KYC details, bank statements showing the <\/span><b>foreign inward remittance<\/b><span style=\"font-weight: 400;\">, or a purpose code declaration form if requested by the bank.<\/span><\/li>\n<\/ul>\n<h3><b>The Link Between P0807, FIRC, and Tax Compliance<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the payment is credited to your account, the bank issues a <\/span><a href=\"https:\/\/razorpay.com\/blog\/firc-certificate\/\">FIRC<\/a><span style=\"font-weight: 400;\">. This serves as legal proof that you have earned foreign income through software exports. It is especially important if you want to claim <a href=\"https:\/\/razorpay.com\/learn\/gst-exemption\/\">GST exemption<\/a> or export benefits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The purpose code declared during the transaction directly affects the information recorded on the FIRC. If the wrong code is used, the FIRC may show an inaccurate nature of service, which can lead to tax scrutiny or delays in claiming benefits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Using P0807 correctly helps maintain clean records and supports compliance during audits under FEMA and GST regulations.<\/span><\/p>\n<h3><b>CHECKLIST<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Use this checklist to ensure you have everything ready before or after receiving an inward remittance under P0807:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 Invoice clearly mentioning \u201coff-site software export\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 Contract or SoW<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 Proof of delivery\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 KYC details requested by your bank<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 Bank statement showing the inward remittance<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 FIRC copy (request it if not issued automatically)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2610 Purpose code declaration form (only if your bank requires it)<\/span><\/p>\n<h2><b>Avoiding Common Pitfalls: Best Practices for P0807 Classification<\/b><\/h2>\n<h3><b>What Happens When the P0807 Code Is Used Incorrectly?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Using the wrong purpose code may seem like a small mistake, but banks treat it seriously. They may:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hold or delay the payment until the correct documents are provided.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ask for revised invoices or clearer service descriptions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Request additional proof to verify the nature of the work.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In cases where the misreporting appears intentional or repeated, it can draw attention from regulatory authorities. Under FEMA and RBI guidelines, incorrect classification of inward remittances may invite penalties or compliance notices.\u00a0<\/span><\/p>\n<h3><b>P0807 vs. P0802\u00a0 Choosing the Right Code for Your Services<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Both P0807 and P0802 fall under software-related exports, but their use cases are different. Choosing the right one depends on the nature of the work:<\/span><\/p>\n<p>Use P0807 when the software work is delivered remotely from India, such as:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SaaS subscriptions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Software development and support are done fully off-site<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintenance or licensing without any on-site deployment<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Use P0802 when your service involves consulting or implementation work, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Custom software advisory<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Software installation at the client\u2019s location<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Projects where the Software Export Declaration (SOFTEX) is not filed<\/span><\/li>\n<\/ul>\n<p>&lt;<\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<p style=\"color: #0073aa; font-size: 18px; margin: 0;\"><strong><span style=\"color: #0073aa;\"><span style=\"font-size: 18px;\">Pro Tip: <\/span><\/span><\/strong><span style=\"color: rgba(0, 0, 0, 0.74); font-size: 19px; font-weight: 400;\">To avoid confusion, make sure the purpose code aligns with the details mentioned on invoices, contracts, and emails. Banks match the wording in documents with the code provided consistency makes verification easier.<\/span><\/p>\n<\/div>\n<h3><b>Proactive Steps for Accurate Declaration and Error Rectification<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You can reduce compliance issues by taking a few simple steps:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Inform overseas clients in advance about the correct purpose code for remittance, especially if the invoice mentions P0807.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Check with your bank or a financial consultant if you are unsure whether your work fits P0807 or another category.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the wrong code is used, contact your bank immediately. Most banks accept formal correction requests along with revised invoices or supporting documentation.<\/span><\/li>\n<\/ol>\n<h3><b>COMPARISON \u2013 P0807 vs. P0802<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><b>Purpose Code<\/b><\/td>\n<td><b>When to Use<\/b><\/td>\n<td><b>Typical Services<\/b><\/td>\n<td><b>Requires SOFTEX?<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>P0807<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Off-site software export from India<\/span><\/td>\n<td><span style=\"font-weight: 400;\">SaaS, remote development, licensing, maintenance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Yes (in most cases)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>P0802<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Software consultancy or implementation<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Advisory work, on-site deployment, custom consulting<\/span><\/td>\n<td><span style=\"font-weight: 400;\">No<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>How Razorpay MoneySaver Export Account Simplifies P0807 Compliance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re exporting software services from India and need to apply the purpose code P0807, the Razorpay<\/span><a href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/\"> <span style=\"font-weight: 400;\">MoneySaver Export Account<\/span><\/a> <span style=\"font-weight: 400;\">offers several features that can make your compliance process smoother, clearer and more efficient.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When you get paid through the MoneySaver Export Account, the money goes through trusted banks and straight into your Indian account. Because everything is tracked clearly, the bank knows what the payment is for and can apply the correct code, like P0807, without confusion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The platform allows one-click eFIRC generation after the payment is settled. This certificate confirms that the bank has recorded the remittance under the correct purpose code, such as P0807, which helps during audits, <a href=\"https:\/\/razorpay.com\/learn\/what-is-gst-refund\/\">GST refunds<\/a>, and export compliance checks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The onboarding process is quick and requires minimal paperwork compared to traditional foreign bank accounts. This makes it easier to set up a compliant system for receiving export payments under codes like P0807.<\/span><\/li>\n<\/ul>\n<div style=\"background: #f5faff; border-radius: 14px; padding: 30px; text-align: center; margin: 42px 0; box-shadow: 0 8px 20px rgba(26,115,232,0.08);\">\n<h2 style=\"color: #1a73e8; font-size: 24px; font-weight: bold; margin-bottom: 12px;\"><strong>Simplify P0807 Compliance with Razorpay<\/strong><\/h2>\n<p style=\"color: #444; font-size: 16px; max-width: 720px; margin: 0 auto 18px; line-height: 1.6;\"><strong>Receive export payments under correct purpose codes, access instant eFIRC,<\/strong><br \/>\n<strong>and maintain clear compliance records with ease.<\/strong><\/p>\n<p><a style=\"display: inline-block; background: #1a73e8; color: #ffffff; padding: 14px 26px; font-size: 16px; font-weight: bold; border-radius: 10px; text-decoration: none;\" href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/\/?utm_source=blog&amp;amp;utm_medium=referral&amp;amp;utm_campaign=internationalpayments%22%3E%3Cem%3E%3Cstrong%3ERazorpay%E2%80%99s\">Razorpay MoneySaver Export Account<\/a><\/p>\n<\/div>\n<h2><b>Conclusion: Ensuring Compliant and Seamless Software Export Remittances<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Using the P0807 purpose code correctly is essential for anyone exporting off-site software services from India. It ensures that your foreign payments are classified accurately and that your exports remain compliant with RBI and FEMA guidelines. When invoices, SOFTEX forms, and supporting documents are clearly aligned, banks process remittances faster, and tax benefits become easier to claim.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ultimately, smooth international payments depend on proactive management of purpose codes. Staying compliant today helps you build credibility, scale exports, and receive payments with confidence.<\/span><\/p>\n<h2><b>FAQs<\/b><\/h2>\n<h3><b>1. What is the P0807 purpose code used for?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">It is used for off-site software exports, covering payments received from foreign clients for software development services performed entirely in India.<\/span><\/p>\n<h3><b>2. When should an Indian company use the P0807 purpose code?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You should use P0807 when you receive export payments for software rendered to clients outside India.<\/span><\/p>\n<h3><b>3. What happens if an incorrect purpose code is used for inward remittance?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The bank may delay the payment, request additional documents, or misreport it to the RBI, affecting FIRC issuance and compliance under FEMA.<\/span><\/p>\n<h3><b>4. Are there any penalties for incorrect use of the P0807 code?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes. Misreporting or negligence can attract FEMA penalties and lead to delays in future transactions.<\/span><\/p>\n<h3><b>5. Is the P0807 purpose code applicable for on-site services?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">No. P0807 is only meant for software work completed entirely from India.\u00a0<\/span><\/p>\n<h3><b>6. What documents are required for P0807 remittances?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You generally need an invoice with service details, a contract or SoW, and proof of delivery, such as client approval emails or completion reports.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><br \/>\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the P0807 purpose code used for?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"P0807 is an RBI purpose code used for off site software exports. It applies to payments received from foreign clients for software development or IT services that are performed entirely in India.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"When should an Indian company use the P0807 purpose code?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"An Indian company should use P0807 when it receives export payments for software or IT services provided to clients located outside India, where the work is executed from India.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What happens if an incorrect purpose code is used for inward remittance?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"If an incorrect purpose code is used, the bank may delay the payment, ask for additional documentation, or misreport the transaction to the RBI. 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That\u2019s where the P0807 purpose code is issued by the Reserve Bank of India (RBI) specifically for off-site software exports.<\/p>\n","protected":false},"author":103,"featured_media":25875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1067],"tags":[],"class_list":{"0":"post-25232","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cross-border"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=25232"}],"version-history":[{"count":4,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25232\/revisions"}],"predecessor-version":[{"id":25236,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25232\/revisions\/25236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/25875"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=25232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=25232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=25232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}