Can we transfer money from PayPal to Indian bank account
Yes, you can transfer money from PayPal to an Indian bank account. PayPal allows users in India to withdraw funds directly to a linked Indian bank account in INR. The process typically takes 3 to 7 business days, and PayPal charges a currency conversion fee when transferring foreign currency. You'll need to link and verify your Indian bank account within your PayPal account before initiating withdrawals.
However, PayPal's fees can be significant, especially for frequent international transactions. If you're a freelancer or exporter receiving payments regularly, platforms like Skydo offer a more cost-effective alternative. Skydo is RBI-authorised and designed specifically for Indian businesses and freelancers, providing faster transfers, better exchange rates, and lower fees compared to traditional options. For a detailed comparison of features and costs, check out this PayPal overview to see which solution best fits your cross-border payment needs.