CIRCULAR TO PARENTS/GUARDIANS

This circular is in connection with the payment of the 2nd instalment of the Annual School Fee of the Academic Year 2007-08. The fee to be remitted is:

The fees applicable is:

	The last date of payment of the fee at the City Office is Saturday, 15th December 2007. In case you have already made the payment, please ignore this circular.
	Delayed payments will attract a penalty of Rs. 150 per calendar day until the dues are cleared in full.

RESIDENT INDIANS:

Payments are accepted in the following ways:
	By Account Payee Cheques or Drafts, payable at Hyderabad only. All instruments should be drawn in favour of “Parkwood School International”.
	By Cash. Please ensure you collect the receipt for the same without fail.

FOREIGN NATIONALS AND NON-RESIDENT INDIANS:

1.	Parents of students who are Foreign Nationals or Non-Resident Indians are required to adhere to the laws of Foreign Exchange prevailing in India. As such, all payments on behalf of these students must be remitted in equivalent foreign exchange or through NRI Accounts maintained in India.
2.	All receipt of funds in foreign exchange will be converted into Indian Rupees at the prevailing exchange rate as on the date of receipt.
3.	Payments are accepted in the following ways:
		By Cheques or Drafts drawn out of NRI Account and payable at Hyderabad only. All instruments should be drawn in favour of “Parkwood School International”.
		NRIs and Foreign Nationals may remit the funds by Electronic Transfer of funds. The details of the Bank Account to transfer the funds are detailed below. Please mention the reason for transfer as “2nd Term Fee of <name>, <roll number>”.

INSTRUCTIONS FOR TRANSFER OF DOLLAR AMOUNTS:

REMIT USD____________ TO CHASE MANHATTAN BANK, NEW YORK CITY, SWIFT CODE: CHASUS33 AND ABANO:021000021

FOR CREDIT TO ACCOUNT NO.001-1-406717 OF HDFC BANK, MUMBAI SWIFT CODE: HDFCINBB

FOR FURTHER CREDIT TO ACCOUNT NO: 0212-0500-00969 OF PARKWOOD SCHOOL INTERNATIONAL, Hyderabad.

Director