Currenxie Pricing: Complete Guide on Fee Breakdown
Currenxie is one of the cheapest platforms on headline price, with flat per-transfer fees and no monthly cost. The all-in cost of getting money to India lands near 0.55%. Here is the full breakdown, with a worked example.
Over $1B processed • Licensed by RBI
Approved underRBI's PA-CB framework
Approved underRBI's PA-CB framework
Currenxie Pricing Overview
Currenxie's pricing has two visible components: a flat per-transfer fee, $0.75 to collect locally, $3 to pay out locally, $8 over SWIFT, and a tiered FX commission from 0.10% to 0.60%. No monthly or setup fee.
The catch is not what you pay Currenxie. It is what Currenxie does not do. No FIRA, no eBRC, no purpose code on the credit, so every export document has to be reconstructed by your bank and your CA afterwards.
Compared to PayPal (5-8%) or Wise (~2%), Currenxie is dramatically cheaper. Compared to Skydo's flat $19 to $29, it is cheaper still on small invoices, and it delivers none of the compliance Skydo includes.
Currenxie Transfer Fees Explained
Currenxie's fee depends on the rail rather than the amount. Collecting costs $0.75, paying out locally costs $3, and FX is charged on top.
Approximate all-in cost for common currencies
FIRA charges
Currenxie: Not issued, Currenxie is not an AD bank or PA-CB. Skydo provides free instant per-transaction FIRA.
Multi-currency hold
Currenxie: Not offered, no INR balance is held. Skydo offers multi-currency virtual accounts.
Currenxie Exchange Rate and FX Margin
Currenxie applies the genuine mid-market rate with a visible commission rather than a hidden spread. Banks typically take 2-4% on the rate itself. Currenxie shows you the number.
Where Currenxie costs you is the INR tier. INR sits in tier three at 0.50%, above the 0.35% charged on majors, so the conversion leg dominates the all-in cost on any invoice above $1,000.
For pure cost per transfer, Currenxie is genuinely hard to beat. For an Indian exporter, cost is not the binding constraint. FIRA, eBRC and purpose codes are, and Currenxie supplies none of them.
Currenxie Gaps and Charges to Watch For
Currenxie is transparent on price. The charges to be aware of are these:
No FIRA at all
Currenxie issues none, so every certificate comes from your bank
Offshore setup fee
Offshore or high-risk jurisdictions pay a one-time $50 at onboarding.
Complex ownership fee
Three or more layers of ownership triggers a one-time $500 charge.
SWIFT flat fee bites small
$8 per SWIFT transfer is 4% of a $200 client payment
Card is Hong Kong only
Visa business cards are limited to HK-registered companies.
INR sits in tier three
INR converts at 0.50%, above the 0.35% charged on major pairs.
How Much Does Currenxie Actually Cost? (Real Example)
An Indian company invoices a US client $5,000, with today's mid-market rate at 1 USD = ₹90.
Invoice
$5,000.00
Breakdown
Currenxie — what you lose
Invoice
$5,000.00
Breakdown
Skydo — what you keep
Over 12 monthly invoices of $5K each: Currenxie costs ~$345/year, Skydo ~$348/year.
Currenxie Pricing vs Skydo Pricing
Here's a clear side-by-side of every Currenxie and Skydo fee, so you can see what each platform actually costs you per transaction.
Transaction fee structure
$0.75 local, $8 SWIFT
Flat $19 / $29 / 0.3%
Fee on $1,000 invoice
~$9 all-in
—
Fee on $5,000 invoice
~$29 all-in
—
Fee on $10,000 invoice
~$54 all-in
—
Fee on $50,000 invoice
~$254 all-in
—
FIRA
Not issued
Free, instant, per payment
Multi-currency hold (India)
Not offered, no INR balance is held
Yes
Is Currenxie Worth the Cost for Indian Exporters?
Currenxie has real strengths for some businesses. For Indian B2B receivables, the math depends on invoice size and compliance needs.
Currenxie is worth it when.
Your costs are dominated by FX and overseas payouts rather than Indian compliance. You send frequent payments abroad as well as receiving them. You want predictable flat per-transfer pricing with no monthly fee.
Currenxie stops being worth it when.
You are receiving regular export invoices into India. You need free instant per-transaction FIRA. You need India-specific compliance built in. You want an RBI-authorised platform standing behind the credit.
Frequently Asked Questions About Currenxie Pricing
What is Currenxie's effective cost on a typical USD to INR transfer?
For an Indian company, roughly 0.5% to 0.9% all-in depending on invoice size. On $10,000 that is about $54: $0.75 to collect the USD locally, $50 to convert at the 0.50% INR rate, and $3 to push the INR payout to your bank. Smaller invoices cost proportionally more because the flat fees do not scale down.
Does Currenxie charge a forex markup?
Currenxie uses the genuine mid-market rate and charges a visible commission instead of hiding a spread. The commission is tiered: 0.10% on USD to HKD, 0.35% on major pairs including USD, EUR, GBP and SGD, 0.40% on AED and CZK, 0.50% on INR and other tier three currencies, and 0.60% on MXN, MYR, RON and SAR.
Are there volume discounts on Currenxie?
Yes. Currenxie tracks monthly exchange volume and applies progressively lower FX commissions once thresholds are reached, with the better rate applying for the rest of that month. The flat per-transfer fees for local collection, local payouts and SWIFT do not scale down with volume and stay the same at any size.
What is the cheapest way to receive payments in India?
On headline fees, Currenxie is among the cheapest, at roughly 0.5% all-in on larger invoices. That number excludes what you spend afterwards. With no FIRA, no eBRC and no purpose code, the documentation work moves to your CA and your bank. Compare total cost of compliance, not just the transfer fee, before deciding.
Does Currenxie provide FIRA?
No. Currenxie issues no FIRA or e-FIRC in any form, since it holds no RBI authorisation. The certificate has to come from the Indian bank receiving the payout, which sees a credit from Currenxie rather than from your client. That mismatch is what makes GST refunds and EDPMS closure harder than the low transfer fee suggests.
Should I use Currenxie or Skydo?
It depends on what you are optimising. Currenxie wins on transfer cost. Skydo wins on everything downstream: full RBI PA-CB authorisation, instant FIRA on every transaction, eBRC generation, and GST-compliant invoicing. If you are a sole trader the question does not arise, because Currenxie will not accept you.
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