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What are Airwallex fees in India for receiving international payments in 2026?

Author:: Editorial team, serviceexportguide.com
Verified by:: Editorial team
Published: 28 October 2026
Last modified: 30 October 2026
Fees checked on: 28 October 2026
Reading time: 7 min read

Short answer

Airwallex publishes no India pricing page.²³ India-registered businesses are onboarded by Airwallex's Singapore entity.¹ Its fee schedule, last updated 10 October 2026, lists 0% to collect most currencies.² The FX mark-up is 0.40% for major currencies and 0.60% for a group that includes INR.² Local payouts cost $0.² The FIRC fee is set by a banking partner and not published.⁴

Fee type	Amount	When it applies
Receiving by local transfer	0% for most currencies; 0.60% for KRW, VND, BRL and MYR²	Payment into a Global Account by local transfer²
FX mark-up	0.40% for major currencies; 0.60% for a group that includes INR²	Converting a balance to another currency²³
Local payout	$0²	INR payout to an Indian bank by NEFT, IMPS, RTGS or iACH²⁵
SWIFT payout	$20 (SHA) or $35 (OUR)²	Foreign currency payout by SWIFT²⁵
FIRC	Not published; set by the banking partner⁴	When you request an FIRC from support⁴

Invoice amountCurrencyHow the client pays

1,000 USD = ₹94,243 at the reference rate for 13 November 2026 (European Central Bank data).

Estimated rupees received, on published fees

Sorted by estimated rupees received, highest first. Only providers that publish both their fee and their conversion markup for this currency and method can be estimated.

#	Provider and route	Best for	Fee (+GST)	Markup	You receive	Cost
1	Karbon BusinessLowest estimated costBank transfer to a Karbon virtual USD account	US bank transfers and marketplace payouts	₹942plus GST, rate not stated	0%	₹93,131 to ₹93,301	1.00 to 1.18%
2	RazorpayMoneySaver Export Account: bank transfer to virtual account details (Standard plan)	Local transfers from the US, UK and eurozone	₹1,000plus GST, rate not stated	0%	₹93,063 to ₹93,243	1.06 to 1.25%
3	WinvestaGlobal Collections Account, standard plan (up to 2,000 a month per currency)	Local transfers with a published per-payment fee	₹1,435	0%	₹92,809	1.52%
4	SkydoPayment link (InstaLinks) paid by ACH debit	Local bank transfers from major markets	₹1,885plus GST, rate not stated	0%	₹92,019 to ₹92,358	2.00 to 2.36%
5	PayoneerLocal bank transfer to Payoneer receiving account details	Marketplace payouts such as Amazon or Upwork	₹0no GST stated	1 to 4%	₹90,473 to ₹93,301	1.00 to 4.00%
6	PayPalInternational commercial transaction received into a PayPal account (PayPal checkout or invoice)	Clients paying by card or PayPal balance	₹4,175no GST stated	3 to 4%	₹86,465 to ₹87,366	7.30 to 8.25%

Not estimated because pricing is not fully published: Cashfree Payments, Dodo Payments, PingPong, Stripe, Tazapay, TransFi, Wise.

Where a provider says GST applies to its fee but not at what rate, the range runs from no GST to 18%, the rate Skydo, Stripe and Winvesta state on their pages. Estimates use each provider's published fee, conversion markup, GST on fees and FIRA charge, checked 2026-10-28, against the reference rate. They exclude charges taken by intermediary banks and your own bank, and the rate a provider actually applies at the time of conversion. Check the provider's pricing page before you choose. The order is calculated only from these published numbers; no provider can pay to change its position, and there are no affiliate links.

Airwallex does not publish an India pricing page. Its help centre lists India as a registration location onboarded by the Airwallex Singapore entity, so the fees below come from Airwallex Singapore's fee schedule and pricing page.¹²³ Neither page mentions India, so confirm with Airwallex that these fees apply to your account before you rely on them.²³

This page is for Indian businesses such as a design agency, an IT services company or a GST-registered consultant receiving USD, GBP or EUR through Airwallex. For how the account works, see the Airwallex review.

What are Airwallex fees at a glance?

Airwallex fees for an India-registered business follow the Singapore fee schedule, last updated 10 October 2026: 0% to collect most currencies, a 0.40% or 0.60% FX mark-up, and $0 local payouts.¹² Amounts in dollars are as written in the schedule, and fees are exclusive of GST where applicable.²

Fee item	Published fee	Source
Opening a Global Account	$0	Fee schedule²
Receiving by local transfer into a Global Account	0% for most currencies; 0.60% for KRW, VND, BRL and MYR collections	Fee schedule²
Receiving by SWIFT into a Global Account	Not published	Fee schedule²
FX conversion, major currencies (AUD, USD, HKD, CNY, JPY, EUR, GBP, CAD, CHF, NZD, SGD)	0.40% mark-up	Fee schedule²
FX conversion, group including INR (also MYR, IDR, KRW, PHP, THB, VND, NPR, PKR, BDT, TRY, LKR)	0.60% mark-up	Fee schedule²
Auto Conversion Fee	1.00% (not defined in the schedule)	Fee schedule²
Local payout, including INR to an Indian bank by NEFT, IMPS, RTGS or iACH	$0	Fee schedule and India payout docs²⁵
SWIFT payout	$20 (SHA) or $35 (OUR) per payout	Fee schedule²
FIRC	Fee may apply, set by the banking partner; amount not published	FIRC help article⁴
Monthly plan	Explore free; Grow SGD 79; Accelerate from SGD 399	Pricing page³
Inactivity or account maintenance fee	None listed	Fee schedule²

Card fees are listed by payment method below.

How does Airwallex charge Indian users?

Airwallex charges an India-registered business mainly through the FX mark-up on conversions, with collection and local payout listed at no charge in the Singapore schedule.¹²

Transaction fee: 0% to receive most currencies by local transfer; 0.60% for KRW, VND, BRL and MYR collections.²
FX markup: 0.40% for major currencies and 0.60% for a group that includes INR; a 1.00% Auto Conversion Fee is listed without a definition.²
Withdrawal fee: $0 for local payouts, including INR to an Indian bank; $20 (SHA) or $35 (OUR) for SWIFT payouts.²⁵
Fixed fee: Explore plan free; Grow SGD 79 a month; Accelerate from SGD 399 a month, excluding GST.³

The Singapore pages do not mention India, so ask Airwallex to confirm these fees for your account.²³

What does Airwallex charge by payment method?

Airwallex charges 0% for most local transfers into a Global Account, and its Singapore schedule lists 3.30% for domestic cards and 3.60% for international cards.² Airwallex says the company must be registered in an eligible country for each payment method, and the pages we checked do not say whether India-registered businesses can accept cards.⁶

Payment method	Published fee	Best for
Local transfer into a Global Account	0% for most currencies; 0.60% for KRW, VND, BRL and MYR	Clients paying by bank transfer in a supported currency
SWIFT transfer into a Global Account	Not published	Clients who can only pay by SWIFT
Domestic card	3.30% per transaction plus a SG$0.50 gateway fee	Card payments where eligibility is confirmed
International card	3.60% per transaction plus a SG$0.50 gateway fee	Card payments where eligibility is confirmed
Card in a foreign currency	1.00% settlement fee or 2.00% FX conversion fee; one applies per transaction	Card payments settled in another currency

The figures in the table are from Airwallex Singapore's fee schedule.²

What is the Airwallex currency conversion fee and FX markup?

Airwallex's conversion fee is a mark-up "above interbank rates": 0.40% for major currencies and 0.60% for other currencies, and the fee schedule places INR in the 0.60% group.²³ Neither page says whether a conversion from USD (0.40% group) to INR (0.60% group) is charged at 0.40%, 0.60% or another figure, and neither defines when the 1.00% Auto Conversion Fee applies.²³

For example, if the 0.60% mark-up applied to a $5,000 conversion to INR, the mark-up would cost 0.60% of the amount, or $30; at 0.40% it would be $20.² For how mark-ups compare across providers, see FX markup on export payments.

What are Airwallex withdrawal and settlement fees?

Airwallex's fee schedule lists local payouts at $0, and Airwallex's docs say local INR payouts to India go by NEFT, IMPS, RTGS or iACH in 0 to 2 business days.²⁵ A SWIFT payout to India in a foreign currency costs $20 (SHA) or $35 (OUR) and takes 0 to 3 business days, according to the same pages.²⁵

Local INR payout: $0, 0 to 2 business days.²⁵
SWIFT payout: $20 (SHA) or $35 (OUR), 0 to 3 business days.²⁵
Limits: The docs list no maximum transaction limit for either route.⁵
FIRC: Airwallex says there may be a fee, set by the Indian banking partner that issues it, not by Airwallex. You request the certificate from support through the chatbot in the web app, and support can tell you the amount.⁴

For what SHA and OUR mean, see SWIFT transfer charges in India. For what an FIRC is, see FIRC vs FIRA vs e-BRC.

Is GST charged on Airwallex fees?

Airwallex Singapore's fee schedule says its fees are exclusive of GST where applicable.² It does not say how Indian GST applies to Airwallex fees charged to an India-registered business, so ask Airwallex to state this in writing.²

How much INR do you receive on $2,000, $5,000 and $10,000 with Airwallex?

Airwallex does not publish every input needed for an INR estimate: the FIRC fee, any fee on incoming SWIFT payments and the mark-up that applies to a USD to INR conversion are not published.²⁴ The table below shows what published fees allow, at today's rate.

None of these providers publishes both a fee and a conversion markup for USD.

Ranked by INR received on USD 5,000. Reference rate: European Central Bank data for 13 November 2026. Fees, conversion markup, GST on fees and FIRA charges as published by each provider, checked 28 October 2026. Ranges appear where a provider publishes a range or does not state its GST rate. Intermediary bank charges are excluded. See the methodology.

To compare the rupees you would receive from different providers, use the international payment fee calculator with a quote from each.

What hidden or one-off charges does Airwallex apply?

Airwallex's Singapore fee schedule lists card refund and chargeback fees and no inactivity fee; other one-off charges are not listed.²

Chargeback: SGD 15.00 per request.²
Refund: SGD 0.50 per card refund request.²
Inactivity: No inactivity or account maintenance fee listed.²
Auto Conversion Fee: 1.00%, listed without a definition of when it applies.²

Airwallex does not publish, for India-registered businesses as of October 2026: which Global Account currencies an India-registered business can open, any fee for receiving SWIFT payments, the mark-up on a USD, GBP or EUR to INR conversion, the FIRC fee and the time to issue one, how Indian GST applies, and whether India-registered businesses can accept card payments.¹²³⁴⁶⁷

How can you reduce Airwallex fees?

Airwallex fees are lowest on the routes its schedule lists at no charge: local transfers in and local payouts out.²

Ask clients to pay by local transfer: Local collections are 0% for most currencies, while a fee on incoming SWIFT payments is not published.²
Pay out locally in INR: Local INR payouts are $0, against $20 or $35 for a SWIFT payout.²⁵
Confirm the INR mark-up: Ask Airwallex whether a USD to INR conversion is charged at 0.40% or 0.60%, and when the Auto Conversion Fee applies.²³
Ask for the FIRC fee in advance: Support can tell you the amount before you request the certificate.⁴

How do Airwallex fees compare with other platforms?

Airwallex does not publish enough India pricing to estimate its cost, so it sits after the providers that do.²⁴ The table is ordered by estimated cost on a USD 5,000 receipt, cheapest first, using each provider's published fees, FX markup and GST where published; providers without full published pricing follow, A to Z.

Platform	Best for	Estimated cost on USD 5,000	Fees guide
Skydo	Local bank transfers from major markets⁹	0.68%¹⁰¹¹¹²	Skydo fees
Razorpay	Local transfers from the US, UK and eurozone¹³	1.00 to 1.18%¹⁴¹⁵	Razorpay fees
Karbon Business	US bank transfers and marketplace payouts¹⁶	1.00 to 1.18%¹⁶¹⁷	Karbon Business fees
Winvesta	Local transfers with a published per-payment fee¹⁸¹⁹	1.24%¹⁸	Winvesta fees
Airwallex	Registered businesses paid by bank transfer⁸⁷	Not estimated: India pricing and FIRC fee not published²⁴	This page

For more options, see Airwallex alternatives.

How did we verify this?

We checked this page against the sources below on 30 October 2026. Provider fees, conversion markups and RBI payment aggregator (PA-CB) status were checked on 28 October 2026. Rupee amounts use European Central Bank reference rates for 13 November 2026. Read our methodology or report an error.

Frequently asked questions

Does Airwallex charge to receive USD into a Global Account?+

Airwallex Singapore's fee schedule lists 0% for collections in currencies other than KRW, VND, BRL and MYR, which carry 0.60%. A fee for incoming SWIFT payments into an Airwallex Global Account is not listed, so ask Airwallex before a client pays by SWIFT.²

How much does an Airwallex FIRC cost?+

Airwallex says there may be a fee for issuing an FIRC, set by its Indian banking partner, and that support can tell you the amount. The Airwallex FIRC fee is not published, so ask support for the figure before you rely on the certificate for GST or bank records.⁴

Is there a monthly fee on Airwallex?+

On Airwallex Singapore's pricing page, the Explore plan is free, the Grow plan is SGD 79 a month and the Accelerate plan starts at SGD 399 a month, excluding GST. Airwallex does not say whether these plans apply to India-registered businesses.²³

Which Airwallex entity serves Indian businesses?+

Airwallex's help centre lists India as a registration location onboarded by the Airwallex Singapore entity. That is why the Airwallex fees on this page come from Airwallex Singapore's fee schedule and pricing page, neither of which mentions India, so ask Airwallex to confirm them for your account.¹²³

Can Indian freelancers open an Airwallex account?+

Airwallex's help centre lists documents for Indian companies, LLPs, partnerships and GST-registered proprietorships. An Indian freelancer without a registered business should check eligibility with Airwallex before applying, since the Airwallex help centre documents list is organised by registered business type.⁸

How long does an Airwallex payout to India take?+

Airwallex's India payout docs say local INR payouts by NEFT, IMPS, RTGS or iACH take 0 to 2 business days, and SWIFT payouts in a foreign currency take 0 to 3 business days. The Airwallex docs list no maximum transaction limit for either route.⁵

This page is general information for Indian service exporters, not tax or legal advice. Rules change and outcomes depend on your facts, so confirm with a chartered accountant before acting.

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