How do I get a US account from India to receive International payments
Indian freelancers and exporters have several options to receive international payments through a US account or USD-denominated account.
- Skydo: An RBI-authorised platform offering virtual USD accounts, typically the fastest and one of the most cost-effective ways to receive international payments directly into your Indian bank account with transparent pricing and no hidden charges.
- Wise: Provides USD account details for receiving payments, though transfers to India may incur conversion fees and take longer than dedicated India-focused platforms.
- Payoneer: Offers virtual US bank account details to receive payments, suitable for freelancers working with multiple international clients.
- Direct bank transfer via SWIFT: Your Indian bank can receive USD payments directly, but SWIFT fees and correspondent bank charges can be high.
Compare the pros and cons of virtual USD accounts to choose the solution that best fits your business volume and client base.