Best way to get paid from UK clients in India
Indian freelancers and exporters have several reliable options to receive payments from UK clients.
- Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers, offering fast transfers, competitive exchange rates, and typically lower fees than traditional methods.
- Direct bank transfer (SWIFT): Traditional method supported by most banks, though it often involves higher fees and slower processing times of 3 to 5 business days.
- Wise: A popular digital platform known for transparent pricing and mid-market exchange rates, suitable for regular international transfers.
- PayPal: Widely accepted globally but charges higher conversion fees, usually around 3% to 4%, which can add up for frequent payments.
- Payoneer: Offers multi-currency receiving accounts and is commonly used by freelancers, though fees vary based on withdrawal method.
Choose based on your transaction frequency, amount, and how quickly you need the funds credited to your Indian bank account.