Who can withdraw the donations?

Created by Stanley Junior, Modified on Tue, 04 Oct 2022 at 12:37 PM by Stanley Junior

  • Medical Fundraisers - INR donations can only be withdrawn to the beneficiary’s account, Immediate family members of the beneficiary & Treating Hospital.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 only be transferred directly to the Treating Hospital. Fund Transfer would take 7- 10 working days.

  • Medical Fundraisers (For bills already paid for) - INR donations can only be withdrawn to the beneficiary’s account, Immediate family members of the beneficiary, Vendors (Pharmaceuticals, Medical equipment purchase, etc.)
    In the case of USD donations, the funds raised can only be transferred to the beneficiary or their direct relative’s account through an NGO, it can be a partnered NGO or any NGO of the beneficiary’s choosing. The withdrawal processing would take 14- 20 working days.

    Please note: For withdrawing any donation in USD, bills of at least that amount need to be provided at the time of withdrawal. For eg. - If I wish to transfer 100 USD to the beneficiary’s account, I must provide unique bills of at least 100 USD. 

  • Educational Fundraisers -  INR donations can be withdrawn to the beneficiary’s account or directly to the University or School’s account. If the beneficiary is a minor then the INR donations can be withdrawn to either parent's accounts.
    For USD donations, the funds raised can only go directly to the University/Schools account after providing a document from the institution declaring the student is enrolled and that they need to pay a specific amount as tuition/accommodation/etc., fees. The withdrawal processing would take 7- 10 working days to hit the institution's account.

  • Memorial Fundraisers - INR donations can be withdrawn to the deceased’s Immediate family/next of kin, i.e, Spouse, parents, or children. In the case of USD donations, the funds raised can only be transferred through an NGO, it can be a partnered NGO of Milaap or any NGO of the beneficiary’s choosing. The withdrawal processing would take 14- 20 working days to hit the recipient's account.

  • Organisation Fundraisers - Both USD and INR donations can only be withdrawn to the NGO’s account. USD donations can only be withdrawn into a valid FCRA account of the NGO or a partnered NGO with a valid FCRA account. 

  • Other Fundraisers - INR donations can be withdrawn to the beneficiary’s account or towards the Vendor account if any.
    USD donations raised can only be transferred through an NGO, it can be a partnered NGO of Milaap or any NGO of the beneficiary’s choosing.
    Please note: For withdrawing any amount in USD, bills of at least that amount need to be provided at the time of withdrawal. For eg. - If I wish to transfer 100 USD to the beneficiary’s account, I must provide unique bills of at least 100 USD. 


Note:
All withdrawal requests will be verified by our Verifications team before processing. Bills are a must to ensure a smooth transfer of funds. For smooth processing of INR donations, please ensure bills amounting to 70% of the requested amount are provided.

Remittance of foreign funds without a valid FCRA certificate can lead to regulatory action & hence to safeguard Milaap & you as a fundraiser, we can either have the foreign donations transferred to the above available options or we will have to disable the option of accepting foreign donations.

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