Best way to get paid from US clients in India
Indian freelancers and exporters have several reliable options to receive money from USA to India, each with different trade-offs in cost, speed, and convenience.
- Skydo: An RBI-authorised cross-border payments platform designed specifically for Indian exporters and freelancers, offering typically the fastest settlement times and one of the most cost-effective ways to receive international payments with transparent pricing.
- Direct bank transfer (SWIFT): Traditional method supported by most banks, though it often involves higher fees and longer processing times of 3 to 5 business days.
- Wise: A popular international money transfer service with competitive exchange rates, though transfer times and costs may vary.
- PayPal: Widely accepted platform that allows quick invoicing, but charges relatively higher fees on conversions and withdrawals to Indian bank accounts.
- Payoneer: Enables freelancers to receive payments into a virtual US account, with moderate fees for currency conversion and local withdrawals.
Compare fee structures and settlement speeds to choose the solution that best fits your transaction volume and urgency.