Fee Collection, Transfer and Accounting
VFS Global offers customised solutions as per local rules and regulations, acceptable business practices and specific needs of the client government in each country.
These include varied forms of fee collection, such as cash payment at the centres and postal/select bank branches; electronic/online fee transfers; demand draft/banker’s cheques and through debit/credit cards. Among other financial services are remittance, funds transfer, audit trails, etc.
VFS Global provides complete banking support to the diplomatic missions it partners. Visa fees are collected from applicants and a consolidated remittance is sent to the bank account of the mission. Banking methods differ depending on banking systems prevalent in each country of operation.
VFS Global's elaborate reporting system provides comprehensive support to the diplomatic missions both, in terms of satisfying audit requirements and simplifying administrative procedures related to fee collection.