I am using Google Adsense for monetizing our website traffic and youtube views for long time. Comparing to other ad networks Google Adsense is paying good and they are sending payments properly without any issue.
They used to send payment checks using Blue Dart courier.
Since I am living in a village which was not covered by BlueDart courier service area, I used to get Google adsense payment check with almost 1 month delay time. Google AdSense check has to travel from Google, Blue Dart and then speed post (EMS) to reach me.
Sometimes it will be delayed more than 1 month. Many people used to complain about it in Google discussion Forums. Everyone was expecting Wire transfer/EFT as Google was already doing this in many other countries.
Now, Google has addressed this problem. They have implemented wire Transfer / EFT (Electronic Fund transfer) so that payment will be directly sent our bank account without the courier delay. And, we need not go to bank for depositing the check. Today I have received this email from Google Adsense Team.
Hello,
We'd like to let you know about important upcoming changes affecting
your payment options.
As you may have heard, we're currently rolling out improvements to the
Payments page in AdSense. The upgrades are designed to provide you with
a better, faster payments experience, and your account will be upgraded
shortly.
After this upgrade, we will issue payments by international wire
transfer. Wire transfer is a fast, secure, and reliable alternative to
receiving payments by check, and you will typically receive your
payment much faster with this payment method. Google pays most fees
involved with sending wire transfer payments and does not charge a fee
for this service. We recommend that you ask your bank about any fees or
commissions they may charge for receiving wire transfers. Visit our
Help Center for full details about receiving payments by wire transfer
(https://support.google.com/adsense/answer/3372975).
With this change, we will no longer offer payments by check. Please
continue with receiving and depositing any outstanding checks as we
make this transition. The normal 60-day waiting period from the check
issue date will apply to check cancellations, and additional time may
be necessary to incorporate the canceled amount into the next scheduled
payment.
These changes will only affect payments in future months. If you are
scheduled to receive a payment this month, it will be issued using your
current form of payment selection.
We'll send you a future update after the upgrade is complete. We
appreciate your patience during this transition period.
Sincerely,
The Google AdSense Team
Right now, I am NOT seeing this wire transfer option in my Google Adsense Payment settings page.
I hope they will be adding it soon.
And, the URL provided in the Google Adsense email is not loading for me. I am not sure whether it is broken link or Google Adsense Team is working on to update this page.
Few blogs reported that Google will be making small test payment to verify the Bank Account. Anyway, let us wait to get the further details to know the exact procedure/steps for adding Bank account with Google Adsense.
I will update this blog post after getting more details.
Updates on May 01, 2014:
Today I received another email from Google Adsense Team, to inform about the new payment page. The email includes below details.
Redesigned Payment summary and Payment settings pages
- Payment method is now called Form of payment.
- Unpaid finalized earnings is now called Current balance.
- Redesigned transaction history table shows you the latest activities
at the top.
- New toolbar support allows you to filter, print, export, or download
transaction information.
More flexibility with your payment settings
- New extended timeline allows you to change your payment information
until the 20th of any month.
- You can choose any payment threshold greater than the default payment
threshold based on your reporting currency.
- You can also hold your payments until a specified date.
Improved navigation of the payments interface
- Centralized locations to manage your Payment settings and Payee
profile.
- Contextual help is displayed based on the pages you navigate to.
Going forward, all new earnings and future payments will appear on the
new "Payments" page. You can find details for prior earnings and
payments we've previously sent by following the link to "previous
payments" at the bottom of the new "Payments" page.
After receiving this email, I have checked my Adsense account and found that new payment method is enabled for me.
I added my bank account details by following below steps.
-Click the gear icon and select Settings.
-In the left sidebar menu, click Payment settings.
-In the "Available forms of payment" section, click Add new form of payment.
-Choose the radio button for “Funds transfer to bank account” and click Continue.
-Enter your bank account information (account holder name, Bank name,swift-bic, IFSC, account number) and click Confirm and continue.
IFSC code for my Bank account is icic0006027. But this Google Adsense payment form didn't accept this value. I tried with ICIC0006027 , i-e converting the lower case letters into Upper case. Surprisingly, the form accepted this value.
And, I used "ICICINBBNRI" as SWIFT code my ICICI bank account.
Updates on May 23, 2014:
I have received below email from Google Adsense billing team.
Please note that we've recently issued a payment to you for your Google AdSense earnings on May 22, 2014. Your payment has been sent and should be arriving shortly. For more information, please log into your account and visit your Payment summary page. You may also be able to find a reference number there to track or pick up your payment.
Your bank may require you to take action to receive your payment. If you have not received your payment within the next week, contact your bank for more details.
And, when I checked the "Payment receipt" in Google Adsense account, I came to know that the payment is getting made from Google Asia Pacific Pte. Ltd., Singapore.
And, I will update this post once after receiving the money in my bank account.
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