Send Money to India for Business Payments
Skydo is authorized by the Reserve Bank of India (RBI) and trusted by 50,000+ Indian businesses. Send money to India through Skydo, and your recipient gets INR within 24 hours. Here's what that looks like on your side:
- Pay from your banking app, the way you pay any local vendor
- No SWIFT fees or intermediary bank charges on any invoice
- Converted at live FX rate, with zero margin added on top
If you are paying someone in India, you don't need a Skydo account. Ask your recipient for their Skydo account details and send the payment from your bank.
1 USD = 95.7300 INR
Estimated fx rate
Total fees
To be incurred by the receiver
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How to Send Money to India in 3 Steps
To send money to India through Skydo, all you need is your recipient's Skydo account details. You pay them like any domestic payee, and Skydo credits INR to their Indian bank account.
Get their Skydo account details
Your recipient in India shares local account details in your country: routing number in the US, sort code in the UK, IBAN in Europe, and so on.
Pay from your bank
Add them as a payee in your banking app and send a local transfer. Put the invoice number in the reference field.
INR and compliance proof
Within 24 hours of the money reaching Skydo, your recipient gets INR and a FIRA, the official proof of a foreign payment.
Why Send Money to India Through Skydo: Benefits for Sender and Recipient
Sending money to India through Skydo benefits both you and your recipient. Here's what changes for each side compared with an international wire.
| Features | Benefits for sender | Benefits for recipient |
|---|---|---|
| Cost | No SWIFT charges or intermediary bank fees on your side | Zero FX margin at the live rate, one flat fee ($19 / $29 / 0.3%) |
| Amount | No intermediary bank deductions, so your invoice is paid in full | Receives your payment in INR, minus one flat Skydo fee |
| Effort | No Skydo account or signup needed on your side | Opens a global account in 5 minutes, with local accounts in the US, UK, Canada, Australia and 10+ countries |
| Speed | Skips the multi-day SWIFT chain | INR in their Indian bank in under 24 hours |
| Convenience | Pay from the bank you already use, like any domestic payee | Sends you GST-compliant invoices from one dashboard |
| Visibility | Your recipient sees the payment land in real time, so no back-and-forth on confirmation | Real-time tracking of every payment |
| Paperwork | Clean payment trail against every invoice | Instant FIRA for every payment, in their inbox or dashboard |
| Trust | Paid into an account backed by regulated banks | Every payment purpose-coded and reported the way the RBI requires |
How Much Does a Money Transfer to India Cost?
Sending money to India through Skydo costs one flat fee per payment, paid by your recipient: $19 up to USD 2,000, $29 up to USD 10,000 and 0.3% above that. The money converts at the live exchange rate with no margin added.
- $19Up to USD 2,000flat per payment
- $29USD 2,001 to 10,000flat per payment
- 0.3%Above USD 10,000of the payment value
Who pays the fee? Your recipient pays the Skydo fee plus 18% Indian GST on it. Skydo charges you nothing to send. Your bank's usual domestic transfer charge, if any, still applies.
Comparing options? The INR that lands in your recipient's account is the true cost measure, since FX markups rarely show up as a fee.
Is It Safe to Send Money to India with Skydo?
Yes. Skydo is authorized by the Reserve Bank of India (RBI), and every payment moves through licensed banks.
How Long Does It Take to Send Money to India?
Skydo credits INR to your recipient within 24 hours of receiving the money. The full transfer usually takes 1 to 3 business days, depending on your bank.
Day 0: You send
A local transfer from your bank.
Day 0 to 3: Money reaches Skydo
Usually the same day to 3 business days, depending on your country's payment system.
Within 24 hours: INR credited
Converted at the live rate and paid into your recipient's Indian bank account.
Instant: FIRA issued
Your recipient gets a FIRA, the official proof of a foreign payment, in their inbox.
Send Money to India from the USA, UK, Canada, Australia and 150+ Countries
Send money to India from the USA, UK, Canada, Australia and 150+ countries with Skydo. Pick your country to see the account details and payment method that apply.
Send money from UK to IND via BACS
Send money from Germany to IND via SEPA
Send money from France to IND via SEPA
Send money from Italy to IND via SEPA
Send money from Netherlands to IND via SEPA
Send money from Denmark to IND via SEPA- Send money from Europe to IND via SEPA
Frequently Asked Questions
How do I send money to India for business payments?
To send money to India for business payments, ask your recipient for their Skydo account details in your country. Then pay them from your own bank as a local transfer. Skydo converts the money at the live rate with zero FX margin and credits INR to the recipient’s Indian bank account in under 24 hours, so you skip SWIFT charges and intermediary bank deductions.
Do I need a Skydo account to send money to India?
No, you don’t need a Skydo account to send money to India. Only your recipient in India signs up with Skydo. You pay their local account details from your existing bank account, the same way you’d pay any domestic vendor, with no new app, login or verification on your side.
What details do I need from my recipient in India?
You need your recipient’s Skydo account details for your country, plus their beneficiary name. For example, in the USA that’s a routing number and account number, in the UK a sort code and account number, and in Europe an IBAN. Add these as a domestic payee in your bank and use the invoice number as the payment reference.
How much does a money transfer to India cost with Skydo?
A money transfer to India through Skydo costs the sender nothing on Skydo’s side. Your recipient pays one flat fee plus 18% GST: $19 for payments up to USD 2,000, $29 for USD 2,001 to 10,000, and 0.3% above USD 10,000. There’s no FX margin and no setup fee. Your bank may charge its usual domestic transfer fee.
How long does it take to transfer money to India?
A money transfer to India through Skydo is credited in INR in under 24 hours once your payment reaches the recipient’s Skydo account. The time to reach that account depends on your local payment rail. For example, a US ACH transfer usually takes 1 to 2 business days, and a domestic wire usually arrives the same day.
Which countries can I send money to India from?
You can send money to India through Skydo from 150+ countries. Skydo holds local accounts in the USA, UK, Canada, Australia, UAE, Singapore and Europe, so senders in these markets pay by local bank transfer. Senders in the 140+ other countries pay by SWIFT wire, and Skydo still converts at the live rate with zero FX margin.
Can I send money directly to a UPI ID in India?
No. Skydo pays your recipient into their Indian bank account, not to a UPI ID. You send a local transfer to their Skydo account details, and Skydo credits the INR to the bank account they linked during signup. Your recipient can then use that money through UPI as usual.
Do I pay tax when I send money to India?
India doesn’t tax you for sending a business payment to an Indian vendor or contractor. Any tax or reporting obligation depends on the rules in your own country. In many countries, a payment for genuine services or goods counts as a deductible business expense. Check the treatment with your accountant before you claim it.
Is it safe to send money to India online?
Sending money to India online is safe when you pay a regulated provider using bank details you’ve verified. Skydo is authorized by the Reserve Bank of India as a Payment Aggregator - Cross Border (PA-CB) and processes payments for 50,000+ Indian exporters. You pay from your own bank, so your funds never leave the regulated banking system.
Will my recipient get proof of payment for their records?
Yes, your recipient gets a FIRA (Foreign Inward Remittance Advice) instantly for every payment you send through Skydo. A FIRA is the official proof that the money arrived in India from abroad. Your bank’s transfer confirmation stays as your own record of the payment, with the invoice number in the reference to match the two.