Hello Mala,
ICICI charges on a monthly basis for these transactions.(Not sure about Saving bank Account)
You may not see individual entries for these transactions.
This is really foolishness to pay for each transaction.
If I have 5 Accounts then I would be getting 40 such payments whereby I would be paying Rs.1123.60.
In case if the payment is only Rs.100 transfered through NEFT .... then paying Rs.28.09 is foolishness.
ebay has saved the money by not sending the Draft and passed on the burden to the Sellers.
So it's an additional cost of 0.5%.
There are so many hidden charges associated with selling on ebay.
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best regards
Umang Midha
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best regards
Umang Midha