How to receive International Payments in India as a Video Production Agency
Video production agencies in India can choose from several reliable methods to receive international payments from overseas clients.
- Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters, offering competitive exchange rates, fast transfers (typically 1 to 2 business days), and transparent pricing with no hidden fees.
- Direct bank transfer (SWIFT): Traditional method through your business bank account, though it often involves higher fees and longer processing times compared to newer platforms.
- Wise: A popular multi-currency platform with transparent fee structures, suitable for agencies working with clients across multiple countries.
- PayPal: Widely recognized globally and easy for clients to use, though conversion fees can be higher than specialized B2B platforms.
- Payoneer: Offers virtual receiving accounts in multiple currencies, helpful for agencies serving clients in different regions.
Compare processing times, foreign exchange margins, and compliance support before selecting the option that best fits your agency's volume and client base.