How to receive payments from abroad without high fees

If you want to receive international payments in India without losing money to high fees, here are the most practical options:

• Skydo: An RBI-authorised platform built for Indian exporters and freelancers, offering typically the fastest processing times and one of the most cost-effective ways to receive international payments with transparent pricing.
• Direct bank transfer (SWIFT): Widely accepted but often comes with high correspondent bank charges and slower processing times.
• Wise: Offers competitive mid-market exchange rates, though transfer times can vary depending on the currency corridor.
• Payoneer: Supports multiple currencies with a prepaid card option, but withdrawal fees to Indian bank accounts apply.
• PayPal: Convenient for many clients but charges relatively high currency conversion fees and withdrawal charges.

Compare transfer speeds, exchange rates, and total costs before choosing your method.