Method of Payment

Overseas contributions must allow for the Australian Exchange Rate and Bank Fees (which is usually Aus$10.50 per deposit). Paypal is recommended for overseas sponsors, as the cost is usually much less than other methods. All contributions can as far ahead as you like....we have a couple of sponsors who are 10 years ahead !!!

Current exchange rates

Pay by PayPal. Please note that to cover Paypal charges, 2.5% plus Aus$0.30 cents on payments under Aus$5,000.00 will need to be added to each deposit. This will ensure that your recipient/s receives the entire Aus$60.00 per distribution (i.e. Aus$10.00 a month).

Whichever payment method you choose, please remember to ONLY use your YOUR NAME AND SPONSOR NUMBER (not your sponsees name or anything else at all)
We need your name and sponsor number in order to identify each payment.

Direct Debit and Net Banking	The name of the account is Tibetan Sponsorship Schemes and the bank is BankSa and Account No. 147865240 BSB 105-032. Contributions are sent to India twice a year, in January and July, therefore debits need to be received before 1st June and 1st December, so that I have time to process your deposit. You may either be a month or more ahead, or debit before the due date (1st June and December). You can pay $10 a month (or any amount in $10 increments) and you can be as far ahead with payments as you like. To help identify you on our bank statement, as the reference, could you please use the name you are sponsoring under, and if there is room, you can add your sponsor number which is sent with the confirming letter and also found on the annual receipt. It is helpful if you could please email me with the date and amount of the first payment, so that I can check that it did come out correctly on our receipt.
Cheque and Money Order	Please make payable to Tibetan Sponsorship Schemes Postal address: PO Box 192 Daw Park SA 5041 Australia
International Money Order International or Bank Cheque	Obtained from Post Offices or Banks in your country. Paypal is recommended for payment from overseas sponsors. Remember to please allow extra for Australian exchange rate.
Cash	Please put the money in an envelope, with YOUR name on it, and leave at Tibetan Buddhist Institute 8 Ross Ave., Flinders Park 5025 SA Australia or Buddha House 1 Fisher Street Tusmore SA.
	Sponsoring in Perpetuity: Simply pay Aus$3,000.00 into our Perpetuity fund now, and the interest earned will be used for your contribution in perpetuity. This means that you will no longer need to make payments. If you don't have $3,000.00 right now, then you can pay whenever you have spare money, into the scheme, and it is held until you reach the target of $3,000.00.