Receiving payments for Indian businesses

Your international clients can send money to your Indian business using your account details with Wise.

What are account details?

These are your very own account details to receive money in EUR, GBP, USD, AUD, CAD, NZD, SGD and HUF.

This isn’t a bank account, but you can receive money in the same way by sharing the details with friends, family, clients or companies, so that they can send you money.

Right now, new USD account details are not available for some businesses. Learn more about getting USD account details

How to receive money

1. Sign up for a Wise Business account and fill in the necessary details about your business

2. Choose the currencies that you want to have account details for and finish the verification steps

3. Share your account details with your clients

4. Clients can send you money using Wise or their bank accounts

Once you receive the money we'll automatically convert the money into INR and transfer it to your verified Indian bank account that you provided during verification

You'll receive the payment to your INR bank account within 1-2 days and receive the transfer e-FIRC by email within 7 days.

Keep in mind:

• Bank transfers from your clients using the local payment methods usually take 0–2 working days to arrive in your account. International Swift transfers take 2–5 working days.

• We additionally charge you an equivalent of 2.50 USD in the requested currency for the transfer to your INR bank account to issue e-FIRC automatically. You can check our pricing page for more details.

How much can I receive?

Based on regulations and our operational policies:

• the maximum you can receive is 10,000 USD or equivalent per transaction

• the minimum you can receive is 5 USD or equivalent per transaction

If the transferred amount isn't within these limits, it'll be returned to the sender.

Self-service resolution time

Within 7 days from our notification, you need to send us:

• the requested payer details

• an invoice for the payment

If the self-service isn't resolved within this time, we'll have to return the money to the sender.

Can I hold or send money using the account details?

These account details can't be used to send money or hold in Balances, due to regulatory reasons. We automatically convert the funds to INR and send them to your Indian bank account once they are deposited in the account details.

Can I submit my Importer Exporter Code (IEC)?

Yes, you can. If you don't have one and would like to get it, head to the Registration Certificate session on the Directorate General of Foreign Trade page.

Can I download an e-FIRC?

Yes, you can. The e-FIRC for your transfer will automatically be sent to your Wise registered email 2-3 days after your transfer is complete. Opt in to email notifications to receive this email.

If you don't get the email:

1. Go on the Wise website and select your transfer

2. Select e-FIRC PDF to download