As an Individual can I raise foreign funds?
Individuals that run a fundraiser on Ketto can raise funds from all around the world. The funds can only be withdrawn to an NGO account with a valid FCRA account, or a Vendor's or Hospital's account. Please click
here to learn more.
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What is Ketto's foreign funds transfer policy?
Ketto has revised its foreign fund's transfer policy. 1. For individuals raising funds for medical treatment: If you are an individual and raising funds for medical treatment, you can now accept foreign funds from Indian’s staying abroad and from ...
Do I need to return the funds raised?
No, the funds you raise on Ketto are in the form of a donation/gift/contribution. Hence, you do not need to return the funds.
Can funds raised for an NGO be transferred to a personal account?
No. Ketto practices absolute transparency and accountability. It is not possible to transfer funds raised on behalf of an NGO to a personal or corporate account. A refund will be made to donors if there is an issue found with the NGO's documents.
Why is Ketto refunding the donation? Is this a permanent change? If not then how long will it last?
As per RBI guidelines, any person who wishes to receive foreign currency for cultural, economic, educational, religious and social purposes should get themselves registered with the Government of India before accepting any ‘foreign contribution’. In ...
What is F.C.R.A? Why is applicable to Ketto
The Foreign Contribution Regulation Act (FCRA) 2010 is an Indian law that regulates the receipt and use of foreign funds contributed by individuals, associations, or companies, as well as prohibits the acceptance and use of foreign contributions or ...