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  • 2024
  • March

Who can withdraw USD donations and What is the timeline to receive the funds?

Posted by By Helpadmin March 17, 2024Posted inForeign contribution withdrawal policy
Medical Fundraisers - USD donations, the funds raised can only be transferred directly to the Treating Hospital. Fund Transfer would take 7- 10 working days. Medical Fundraisers (For bills already paid…
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Can I raise foreign funds for buying long-term medicines?

Posted by By Helpadmin March 17, 2024Posted inForeign contribution withdrawal policy
Yes, as per our revised policies for foreign fund transfers to comply with the government guidelines, the funds raised can be transferred to the pharmaceutical/vendor accounts or to the beneficiary’s…
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Which causes are not allowed to raise foreign donations?

Posted by By Helpadmin March 17, 2024Posted inForeign contribution withdrawal policy
The following causes are not allowed to raise foreign donations on Fundmitr.com - Media - Legal  - Any fundraiser deemed by our internal team to be barred from receiving foreign…
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What if I already have foreign funds on my fundraiser?

Posted by By Helpadmin March 17, 2024Posted inForeign contribution withdrawal policy
We have revised our policies for foreign fund transfers to comply with the government guidelines as of July 2021. For existing fundraisers, a one-time withdrawal will be allowed to the…
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Can I raise donations in foreign currency through Fundmitr?

Posted by By Helpadmin March 17, 2024Posted inForeign contribution withdrawal policy
 Yes! You can raise foreign donations through FundMitr. We have revised our policies for foreign fund transfers to comply with the government guidelines. Please go through the policies and do…
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My fundraiser has received donations in multiple currencies. Whose account can I transfer this to?

Posted by By Helpadmin March 17, 2024Posted inForeign contribution withdrawal policy
Foreign funds, as per the new Foreign Contributions Regulation Act, can be transferred only to an organization's account. An organization here refers to hospitals, NGOs, and vendors. 
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Can individuals raise and receive foreign funds?

Posted by By Helpadmin March 3, 2024Posted inForeign contribution withdrawal policyNo Comments
Individuals can set up a fundraiser and raise foreign funds on Fundmitr. however, these foreign funds can be withdrawn only to an organization’s FCRA account or a service provider’s account…
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What is FCRA? Why is this applicable to fundraisers on Fundmitr?

Posted by By Helpadmin March 3, 2024Posted inForeign contribution withdrawal policyNo Comments
FCRA stands for Foreign Contribution (Regulation) Act, 2010. The scope of this Act is to regulate the acceptance and utilization of foreign contributions by certain individuals or associations or companies and also…
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Foreign funds transfer policy

Posted by By Helpadmin March 3, 2024Posted inForeign contribution withdrawal policyNo Comments
We have revised our policies for foreign fund transfers to comply with the government guidelines  - If you are raising funds for medical treatment, foreign funds can be transferred to…
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Who can withdraw the donations?

Posted by By Helpadmin March 3, 2024Posted inWithdrawing fundsNo Comments
Medical Fundraisers - INR donations can only be withdrawn to the beneficiary’s account, Immediate family members of the beneficiary & Treating Hospital.In the case of USD donations, the funds raised can…
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