Global Collections Account

What should I do if transaction amount doesn't match?

Common reasons for amount mismatch in GCA:

• Foreign exchange rate fluctuations between the sending and receiving
• Bank intermediary fees (typical: $10-$30 for international wires)
• Client deducted their bank charges from the payment
• Currency conversion applied by the sender's bank

Steps to resolve:
1. Verify transaction: Dashboard → Last 10 Transactions → Click transaction
2. Check: Amount sent, currency received, FX rate, fees deducted, net credited
3. Download transaction receipt
4. Contact the sender for their wire transfer receipt
5. If still unclear: Email support@winvesta.in with transaction ID, expected vs actual amount, invoice, and client receipt

Investigation timeline:
• Initial review: 4-6 hours
• Bank trace (if needed): 3-5 business days
• Resolution: Maximum 5-10 business days
Prevention tips:
• Specify on invoice: 'Amount to be paid: USD X (Sender bears all charges)'
• Share correct currency account details
• Ask clients to use 'OUR' option when wiring (sender pays all fees)

Other questions in Account Management

My payment is still in a pending state. Why has it not been processed?
I have a USD account. How can I activate other currencies?
Is there any minimum account balance that I need to maintain?
Can I access my account from multiple devices? (phone, laptop)
What unique features does Winvesta's global collections account offer?
How do I reset my Password to login?
Will we get a credit or debit card?
What types of businesses does Winvesta restrict?
Not receiving an OTP to log in to the Winvesta portal?
Purpose Codes Table
Can I add my team members?
Can I change my email ID/phone number after registration?
Can I get priority processing for my withdrawal?
Can my team members operate the account?
Do I get paper statements for my account?
How do I change my registered email address?
How do I change my registered phone number?
How do I check my KYC verification status?
How do I close my Global Collections Account?
How do I update my name or address?
How long does it take for funds to reach my Indian bank account?
Lost phone access - how do I log in?
What GST invoice do I need to withdraw funds?
What documents do I need for KYC?
What documents do I need to open a global collection account as a freelancer?
What documents do I need to open a global collections account as a business owner?
What is a global collections account and how does it work?
What is the maximum time I can keep funds in my GCA?
What unique features does Winvesta's global collections account offer?
When will I receive my e-FIRA certificate?