TERM SHEET FOR ANGADIA WORK

Foreign remittance work from Company to Trust

Meeting point: Location :

Pin code : Working Date :

Deal Volume :
Process of work (Monday)

1) The donor Company will initiate the advance wire transfer as per the agreed amount
in the Intermediatory Indian bank account i.e Axis Bank, from the U.K or Europe.

2) The donor Company will share the Wire transfer copy to the receiver Trust FCRA
account .The same can be tracked online from the Axis bank
website-https://www.remitmoney.com or following these step:

a) Google – Axis bank remit money

b) Select option Track Transfer from the menu
c) Put the tracking number received from the Donor Company. You can able to see the
payment booked in favour of the Trust.

Remark - Wire transfer credit will be from foreign company and foreign bank only,we
are using push transfer facility from axis Bank and axis Bank will take care all
compliance and paper work for smooth credit in to receiver account.

Note: - International wire transfer receipt will be provided around 9 PM on

day 1.

Performance day process (Day 2)

1) The authorise person from trust will share the 12 Cr. Loading receipt in his angadia
with his own name only mentioning last 4 digit of his mobile number and Aadhar card
number and same loading receipt will be share to donor company to verify the same
from the donor company angadia or Angadia association.

2) Once donor company verify the loading receipt of 12 Cr from his then company will
release the amount of Rs. 33 Cr to trust account.
 TERM SHEET FOR ANGADIA WORK
Foreign remittance work from Company to Trust

3) After credit receipt of 33 Cr, company will share the kyc documents related to
transaction, after all confirmation from receiver side they will transfer the angadia
receipt in donor company name.

4) KYC will be complete on day 1 with all original documents as per below list.

Failure factors from receiver side:

1) Not providing verification of all the material as described in the process sheet.
2) Not following the process in the chronological order set forth in the above process
sheet.
3) In case of involvement or intervention of a non-authorized person / third person from
receiver party side or any kind of miss conduct/ threatening be it verbal or physical.
Making group gathering etc., Donor company authorized person will leave the
location immediately and it will be considered failure on the part of receiver side..
4) If any original documents missing during the KYC as per the below list of documents
will be treated as failure.
5) If Loading receipt of Angadia not verified.

List of documents required for Trust/NGO/Society

1. Registration Certificate of the Trust/NGO/Society (Niti Aayog)

2. By laws of the Trust & Trust Deed.
3. Trustee’s profile with photograph, PAN Card.
4. PAN card, Aadhaar card of the Trust & Trustees.
5. Exemption certificate under section 12 A & 80 G.
6. Latest BRL
7. Project Report with Cash flow statement duly signed by C.A and stamp on all pages.
8. Latest date request of donation letter signed by trustee.
9. Board resolution cum NOC signed all members of Trust.
10. Authorization letter for – authorizing the person to execute the work duly signed by all
Directors with a passport size photo affixed in the letter.
11. Cancelled Cheque
12. Complete ITR & Audit Report for last 3 yrs,sign n stamp by CA on all pages.
13. Statement of Bank accounts for the last 6 months
14. LEI certificate
15. Niti Aayog Certificate

Note: No excess documents will be asked by the company other than the above mentioned
check list at the day of performance.

Company will not going to entertain any last moment requirements from receiver or his
funder side, apart from terms described in term sheet.
 TERM SHEET FOR ANGADIA WORK
Foreign remittance work from Company to Trust

Additional remark if any from receiver side

THE ABOVE TERMS AND CONDITIONS ARE UNDERSTOOD, AGREED & ACCEPTED.

Signature of Consultant:. Signature of Trust: