How to receive International Payments in India as a Animation Studios
Animation studios in India have several reliable options to receive international payments from clients abroad.
- Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters, offering competitive forex rates, fast transfers (typically 1 to 2 business days), and transparent pricing with no hidden charges.
- Direct bank transfer via SWIFT: Traditional method supported by most Indian banks, though it often involves higher fees and longer processing times of 3 to 5 business days.
- Wise: A popular digital platform that uses mid-market exchange rates with upfront fee disclosure, suitable for moderate transaction volumes.
- PayPal: Widely accepted globally but charges currency conversion fees of around 3% to 4% plus withdrawal fees to Indian bank accounts.
- Payoneer: Offers multi-currency receiving accounts and is commonly used by creative studios, though fees can vary based on transaction type.
Choose the option that balances speed, cost, and compliance with your studio's payment volume and client preferences.