InstaLink ACH Debit (net banking) payment mode will be discontinued effective November 4, 2026, following an internal review of the risks and limitations associated with this payment method.&nbsp;

From November 4, 2026, existing payment links will expire, and new payment links cannot be created. Payments initiated by November 3, 2026, at 11:59 PM IST will continue to be processed and settled as usual, subject to compliance checks.

International Virtual Account bank-to-bank transfers remain unaffected and can be used to receive payments.

We understand that this change may cause some inconvenience and appreciate your understanding. <br><br>If you have any further questions or need assistance, please reach out to us at <a href="mailto:support@skydo.com">support@skydo.com</a> or call us at 7026000500.Our support team is available Monday to Friday, 10:00 AM to 7:00 PM IST.

Realisation of export bills (in respect of goods) sent on collection (full invoice value)

This code is used when an Indian company exports goods and receives payment for the full invoice value. Note that this purpose code is applicable only when the foreign client has received the shipment. 

Advance receipts against export contracts (export of goods only)

This is used when businesses receive advance payment against the contract of the goods to be exported. In other words, here the company receives payment for goods before they are shipped.

This code is used for foreign exchange transactions related to business travel, particularly when someone converts currency for a work trip abroad.

This code is used when exporters receive foreign payment for providing hardware consultancy or implementation services abroad.

Software implementation/consultancy  (other than those covered in SOFTEX form)

This code is applicable for any sort of software developement, implementation and/or consultancy work done other than those covered in SOFTEX form.

This code applies when exporters are receiving foreign currency for providing data processing services abroad. This could be relevant for companies like Business Process Outsourcers (BPOs) 

P0805 is used when when an Indian entity receives international payment for providing news agency services abroad. For example An Indian news agency receives payment from a foreign media outlet for news content.

Other information services- Subscription to newspapers, periodicals, etc.

This is a catch-all code to track foreign payments for various information services not explicitly mentioned in other codes under P08. This can include subscriptions to specialized databases, newspaper periodicals etc.

This code signifies that an Indian company is receiving payment for software development or IT services provided to a foreign client, but the work itself is done in India.

This code is used when an Indian entity receives payments for providing legal services to foreign clients. 

Accounting, auditing, book keeping services

This code is applicable when an Indian entity receives international payment from foreign clients for providing financial expertise in the field of accounting, auditing, book keeping and tax consultation

Business and management consultancy and public relations services

This code is used when exporters receive a payment from a foreign client for providing business consultancy, management consultancy or public relations services.

Advertising, trade fair, market research and public opinion polling services

This code is used when exporters receive a payment from a foreign client for providing  advertising, trade fair, market research or public opinion polling services

This code is used when exporters receive a payment from a foreign client for providing research & development services. 

Architectural, engineering and other technical services

This code is used when exporters receive a payment from a foreign client for for providing  architectural, engineering and other technical services

Inward remittance for maintenance of offices in India

This code is used when exporters receive a transfer of funds from abroad specifically for the maintenance and upkeep of an office located in India. 

This code is used when exporters, receive a payment from a foreign client for services related to protecting, managing or maintaining the environment. 

Audio-visual and related services -services and associated fees related to production of motion pictures, rentals, fees received by actors, directors, producers and fees for distribution rights.

This code applies when exporters receive a payment from a foreign client for services related to the prodction, direction, rental, distribution, or use of audio-visual content. It also includes fees paid to actors, performers and associates related to such audio-visual content.

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