I'm working as a MyCommerce - RegNow affiliate. I promote software/desktop utilities of various software vendors associated with MyCommerce and they pay me some commission for each sale. MyCommerce process the payment on the 1st of each month for sales in the previous month and transfer the total commission in USD to my PayPal account, then I withdraw the money in my Indian saving bank account. I earn approx. 2.50 lakhs (4041 USD) per month. Is it fine to receive that much money in a saving bank account or should I open a current/business account for receiving my commission? Is having too much money in a saving account can also cause problems?
Any help would be highly appreciated!