Available in🇮🇳 India
Import Flow is a payment solution designed for International (non-Indian) businesses to accept payments from Indian customers.
Your Indian customers can make payments using local payment methods such as UPI, credit cards, debit cards and netbanking. The funds are settled in your overseas bank account. Know more about Import Flow.
Onboarding RequestPlease fill out the form to sign up. Someone from our team will reach out to get this service activated on your account.
Document Categories
KYC Documents Required for Account Activation
KYC Documents Required for Account Activation
Board Resolution Template or Power of Attorney
- A Board Resolution is a formal record of the directors’ approval granting that authority.
- A Power of Attorney is a legal document that allows someone to act or sign on behalf of a company.
This template includes:
This template includes:
- Explicit authorisation for international payment acceptance.
- Clear designation of authorised signatory for Razorpay Merchant Services.
- Authority to link bank accounts and handle transactional matters.
- Authority to submit KYC documentation and compliance requirements.
Handy TipThe Board Resolution must explicitly mention Razorpay Merchant Services and authorisation for accepting international payments in India. Use the template and customise it with your company details.
Purpose Codes for International Transactions
When accepting payments from Indian customers, you must select the appropriate purpose code. This code is mandatory per RBI regulations and categorises the nature of your transaction.Import (Goods)
Import (Goods)
Transport Services
Transport Services
Travel Services
Travel Services
Insurance and Pension Services
Insurance and Pension Services
Telecommunication, Computer and Information Services
Telecommunication, Computer and Information Services
Other Business Services
Other Business Services
Personal, Cultural and Recreational Services
Personal, Cultural and Recreational Services
Manufacturing Services
Manufacturing Services