How much does Wise charge to receive money in India?

A conversion fee shown upfront when you convert to rupees, $2 for the eFIRC payment record, and 18% GST on those fees. The calculator shows the total for your amount.

Does Wise use a good exchange rate?

Wise converts at the mid-market rate and shows its fee separately, which is why it often leaves more in your bank than routes that build the cost into the rate.

An electronic record of a payment received from abroad. Wise charges $2 to issue it, and you keep it with your invoice for each payment.

Is the Wise fee in the calculator exact?

It uses Wise's public conversion quote for the day. Your own Wise Business account shows the exact fee before you convert.

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Wise fees in India: receive dollars and see what you get

Wise's fees for receiving dollars in India are a conversion fee shown upfront when you convert to rupees, a $2 charge for the eFIRC payment record, and 18% GST on those fees. Wise converts at the mid-market rate. The calculator below uses Wise's public conversion quote, refreshed daily, to show the rupees for your amount.

How much is the client paying?

USD

Where is the work coming from?

Adjust the exchange rate

Rupees per US dollar

Highest comparable estimate

₹94,470

through Infinity, from $1,000.00.

What may reach your bank

The reference rate is ₹95 per US dollar. Open Details for the calculation.

Infinity

₹94,470

Details

0.5% all-inclusive fee and no stated FX markup.

Custom pricing may apply above $50,000.

0.5% below the reference value.

Infinity pricing · checked 29 Sep 2026

Calculation and assumptions

Client payment: $1,000.00
Infinity fee (0.5%): −$5.00
Amount converted: $995.00
Reference USD to INR rateUsed as a benchmark, not an account quote.: ₹94.95 per $1
Estimated INR: ₹94,470

PayPal

₹88,017

Details

4.4% plus $0.30 to receive USD, then a 3% currency-conversion spread.

PayPal's base exchange rate can differ from the reference rate used here.

7.3% below the reference value.

PayPal India business fees · checked 29 Sep 2026

Calculation and assumptions

Client payment: $1,000.00
Receiving fee (4.4% + $0.30): −$44.30
Amount before conversion: $955.70
Reference-rate value₹94.95 per $1: ₹90,739
Illustrative FX loss (3%)PayPal's actual base rate can differ.: −₹2,722
Estimated INR: ₹88,017

Payoneer

₹91,147 to ₹93,996

Details

Published India withdrawal pricing is 1% to 4%, depending on the account and route.

Receiving fees, an annual account fee and other charges can apply before withdrawal.

Payoneer India pricing · checked 29 Sep 2026

Calculation and assumptions

Client payment: $1,000.00
Receiving feeDepends on how the client pays your Payoneer account.: Not included
Balance-to-bank cost (1% to 4%)Payoneer's published India range; your account shows the exact fee.: −$10.00 to −$40.00
Reference USD to INR rate: ₹94.95 per $1
Indicative INR before receiving fees: ₹91,147 to ₹93,996

Wise

The route on this page

₹94,188

Details

Wise's public conversion quote today (0.48%), the $2 eFIRC charge and 18% GST on the fees.

The conversion fee is Wise's public USD to INR quote for converting a balance, refreshed daily, not your account's own quote. Your Wise Business account shows the exact fee before you convert.

0.8% below the reference value.

Wise India receiving pricingWise India business help · checked 29 Sep 2026

Calculation and assumptions

Client payment: $1,000.00
Wise conversion fee (0.48%)Wise's public quote, seen 24 Oct 2026.: −$4.76
eFIRC transfer fee: −$2.00
GST (18% of those fees): −$1.22
Amount converted: $992.02
Reference USD to INR rateWise converts at the mid-market rate, which sits close to this reference.: ₹94.95 per $1
Estimated INR: ₹94,188

Ria Money Transfer

About ₹95,510

Details

Sample rate: ₹95.51 per $1, shown for a $500 US debit-card payment to an Indian bank. The $1.99 sender fee was extra.

This scales a $500 public sample, not your quote. A first-transfer promotion showed a different rate. Commercial-payment eligibility is unconfirmed: ask Ria and your bank whether your invoice can use this exact route and get the required remittance record. Not included in the top estimate.

Check invoice eligibility first

Ria US to India sampleRia India partner terms · checked 28 Sep 2026

Calculation and assumptions

Amount entered: $1,000.00
Sample conversion rateObserved on a $500 US-to-India transfer, not quoted for this amount.: ₹95.51 per $1
Sample sender feeNot deducted from the INR shown here.: $1.99 paid separately
Scaled INR illustrationFreelance-invoice eligibility is unconfirmed.: ₹95,510

Amounts marked “About” use assumptions, not live payout quotes. Open Details to see the calculation. Nothing you type leaves your browser.

About these estimates

Rate used: European Central Bank reference rates, observed 23 Oct 2026.

Wise fee: 0.48% for converting USD to INR, from Wise's public quote seen 24 Oct 2026.

Taxes, withholding, account-specific pricing, intermediary bank charges and eligibility can change the final amount. Fiverr's bank payout uses the $3 fee and 2% conversion fee in Payoneer's published schedule for Fiverr sellers, applied to the reference rate. Ria's invoice eligibility is not confirmed. Rupee line items are rounded separately, so they may differ from the final total by ₹1.

What Wise charges to receive money in India

A Wise Business account gives you account details your client can pay in US dollars like a local transfer. When you convert the balance to rupees, Wise shows its conversion fee before you confirm, converts at the mid-market rate, charges $2 for the eFIRC, the record of a payment from abroad, and adds 18% GST on those fees.

The calculator uses Wise's public USD to INR quote, refreshed every day, rather than your own account's quote, so treat it as an estimate. Your Wise account shows the exact fee each time.

Why the payment record matters

Payments for services from abroad usually need a record from your bank or provider showing the money came in from outside India. Wise issues it as an eFIRC for the $2 charge. Keep it with the invoice for each payment; the payments guide explains why.

Questions people ask

How much does Wise charge to receive money in India?: A conversion fee shown upfront when you convert to rupees, $2 for the eFIRC payment record, and 18% GST on those fees. The calculator shows the total for your amount.
Does Wise use a good exchange rate?: Wise converts at the mid-market rate and shows its fee separately, which is why it often leaves more in your bank than routes that build the cost into the rate.
What is an eFIRC?: An electronic record of a payment received from abroad. Wise charges $2 to issue it, and you keep it with your invoice for each payment.
Is the Wise fee in the calculator exact?: It uses Wise's public conversion quote for the day. Your own Wise Business account shows the exact fee before you convert.

Sources: Wise India, receiving pricing for businesses (checked 29 Sep 2026); Wise help, receiving payments for Indian businesses (checked 29 Sep 2026).

Last checked on 4 October 2026.