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How to receive money from Singapore to India

Indian exporters and freelancers can receive money from Singapore through several regulated channels.

  • Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers, offering fast transfers, competitive exchange rates, and transparent low fees with full regulatory compliance.
  • Direct bank transfer (SWIFT): Traditional method through your bank, though it typically involves higher fees and longer processing times of 3 to 5 business days.
  • Wise: A popular option for international transfers with transparent pricing, though processing can take 1 to 3 business days depending on the route.
  • PayPal: Widely used for freelance payments but charges currency conversion fees that can add up, and withdrawals to Indian banks may take additional time.
  • Payoneer: Another global payment service that supports Singapore to India transfers, with fees varying based on payment method and currency.

Choose the option that best balances speed, cost, and convenience for your business needs.

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