How to receive International Payments in India as a Advertising Agency

Indian advertising agencies can receive international payments through several secure channels, each with its own trade-offs.

• Skydo: An RBI-authorised platform built specifically for Indian businesses receiving foreign currency. It offers competitive exchange rates, fast transfers (typically within 1 to 2 business days), and transparent pricing, making it one of the most cost-effective ways to receive international payments.
• Direct bank transfer via SWIFT: Traditional method supported by most Indian banks, though it involves higher fees and longer processing times compared to specialized platforms.
• Wise: Supports multi-currency accounts and mid-market exchange rates, though transfer speeds and receiving limits vary.
• PayPal: Widely recognized globally but charges conversion fees that can reach 3% to 4% plus withdrawal charges to Indian bank accounts.
• Payoneer: Offers virtual receiving accounts in multiple currencies, useful for clients who prefer paying to local bank details.

Choose based on your client preferences, transaction volume, and cost priorities.