Wise, Payoneer, SWIFT, or Skydo?

Every provider advertises a different fee number — none of them mean the same thing. Enter what you're actually being paid and see the ₹ that lands from each, side by side, with FIRC/eBRC availability.

Your transfer

Amount to receive (USD)

USD → INR mid-market rate

₹/$

Enter the current mid-market rate — check your provider.

Method	You receive	FIRC / eBRC	Note
SkydoBest	₹1,85,766	Yes	No FX markup — a flat tiered fee only ($19 under $2,000, $29 up to $10,000, then 0.3% above, plus 18% GST). Built specifically for Indian freelancers/exporters — FIRC/eBRC generated free and instantly per transfer.
Payoneer	₹1,85,220	Yes	Withdrawal-to-bank conversion markup is typically ~2%, though it can run higher (up to ~4%) if a second currency conversion is involved. FIRC downloadable free from the Payoneer dashboard.
Wise	₹1,85,177	Yes	Mid-market FX rate with no markup, but a ~1.6-1.7% conversion fee plus 18% GST on that fee brings the effective cost to ~1.9-2%. eFIRC costs a flat $2.50 per certificate.
Bank wire (SWIFT)	₹1,80,580	Yes	A sender fee ($25-50) plus receiving-bank and intermediary charges (blended here as $30) on top of a wider 2-4% bank FX margin. FIRC issued by your bank on request, sometimes for an extra fee.
PayPal	₹1,75,010	Yes	The default for most freelancers and the most expensive way to be paid: 4.40% + ₹3 per international commercial transaction, and a further 3% conversion markup buried in the exchange rate rather than shown as a fee. India is cross-border receiving only — PayPal stopped domestic payments on 1 April 2021. FIRA statements are available for GST and export compliance. Figures come from the PayPal India merchant fee schedule itself, checked 2026-08-26.

Fees last verified 2026-07-04 — always confirm current rates on each provider's own pricing page before a large transfer.

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How this works

The advertised fee is never the whole story.

What is the cheapest way to receive USD payments in India?

It depends on the amount and provider fees at the time — Wise and Skydo typically have the lowest combined FX margin and transfer fee among mainstream options, while bank SWIFT wires tend to be the most expensive per transfer due to flat fees plus a wider FX margin.

What is FIRC and why do freelancers need it?

A FIRC/FIRA (Foreign Inward Remittance Certificate or Advice) from the receiving bank or provider, or an eBRC issued through the DGFT system, evidences that you were paid in foreign exchange for services exported. It supports GST export-of-service documentation and is often requested during ITR scrutiny or GST refund claims.

Is Payoneer or Wise better for Indian freelancers?

Wise generally offers a tighter FX margin with no markup games, while Payoneer is more widely accepted for withdrawing platform earnings (Upwork, Fiverr) directly. Compare both using the amount you actually receive, not just the advertised fee.

Fees shown are estimates combining typical FX margin and transfer fee — actual rates vary by provider, transfer size, and currency corridor. Always confirm current pricing on each provider's own site before a large transfer.

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