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

Wise charges Indian exporters in two main ways: a fee for converting the money to rupees and a fee for the transfer to your Indian bank account, with GST on top.¹² This page lists every fee Wise publishes for receiving money in India as of October 2026, and says plainly where Wise does not publish a number. For how Wise works overall, see the Wise review.

All figures come from Wise's own India pricing and help pages, checked on 28 October 2026.¹²⁴ Fees change, so confirm in Wise's calculator before you quote a price to a client.

What are Wise fees at a glance?

Wise fees at a glance are a transfer fee of an equivalent of 2 USD to your INR bank account, a conversion fee that depends on the currency, Swift and wire fees for some payments, and 18% GST on Wise fees.¹²⁴

How does Wise charge Indian users?

Wise charges Indian business users a transfer fee, a conversion fee and, for some payment types, a Swift or wire fee, with 18% GST on Wise fees.¹²⁴

• Transaction fee: An equivalent of 2 USD for the transfer to your INR bank account, per the help article.¹
• FX markup: A conversion fee on the mid-market rate that "depends on the currency"; no INR percentage is published.²
• Withdrawal fee: No separate fee published; the payout to INR is automatic.¹
• Fixed fee: 6.11 USD per USD wire or Swift payment, 2.16 GBP per GBP Swift payment and 2.39 EUR per EUR Swift payment, in the general business fee table.⁴

Receiving is available only on Wise Business; Wise personal accounts in India cannot receive money.³

What does Wise charge by payment method?

Wise charges by payment method as follows: domestic payments into Wise account details are free, Swift and USD wire payments carry a fixed fee, and card payments are not available to Indian businesses.⁴⁶

The Swift and wire fees come from the general Wise Business fee table on Wise's India site.⁴ Wise's India-specific receive pages do not repeat them, so check the fee shown on an actual incoming Swift payment.¹² Wise's India receive page also says a client who pays from a Wise account instead of a USD wire would save US$4.14.⁵

What is the Wise currency conversion fee and FX markup?

Wise converts every payment received by an Indian business to INR at the mid-market exchange rate and charges a separate conversion fee that, in Wise's words, "depends on the currency".² Wise does not publish a fixed percentage for INR on its India receive pricing page.²

• Rate used: The mid-market exchange rate.²
• Conversion fee: Not published as a percentage for INR.²
• Holding: Indian users cannot hold the foreign currency, so every receipt goes through this conversion.¹

For example, the calculator on Wise's India receive page showed "Total fees (0.25%)" for one sample GBP amount on 28 October 2026, but Wise does not state that this applies to other currencies or amounts.⁵ A worked example in rupees is not possible from Wise's published figures, so see the FX markup guide to measure the cost on a real receipt.

What are Wise withdrawal and settlement fees?

Wise's payout to your Indian bank account is automatic and carries the transfer fee that Wise's help article puts at an equivalent of 2 USD; no other withdrawal fee is published.¹

• Payout timing: Wise says the rupees reach your bank account within 1 to 2 days, and more than 50% of transfers settle within 2 hours of pay-in.¹
• Inbound timing: The client's payment takes 0 to 3 working days to reach Wise by local methods and 2 to 6 working days by SWIFT.¹
• e-FIRC: Emailed within 3 working days.¹

Wise's help article says the 2 USD equivalent fee is charged "to issue e-FIRC automatically"; its pricing page says Wise offers "a free eFIRC for every transfer".¹²

Is GST charged on Wise fees?

Yes, GST is charged on Wise fees: Wise's India receive pricing page says 18% GST applies to Wise fees.²

• Rate: 18% on Wise fees.²
• Invoice: You can download a GST invoice per transfer if you add a GST number.¹²
• Scope: GST applies to Wise's fees, not to the amount your client sends.²

Add your GST number to the Wise Business profile so that each transfer has a GST invoice.¹²

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

The INR you receive with Wise on $2,000, $5,000 and $10,000 cannot be estimated from published fees, because Wise does not publish its conversion fee percentage for INR.² The table below lists Wise as not estimated for that reason; use Wise's own calculator for a quote.

What hidden or one-off charges does Wise apply?

Wise's one-off charges are mostly fixed fees on Swift and wire payments, plus limits that can send a payment back.¹⁴

• Wire charges: 6.11 USD per USD wire or Swift payment, 2.16 GBP per GBP Swift payment and 2.39 EUR per EUR Swift payment.⁴
• Currency holding: Not available; every receipt is converted to INR.¹
• Returned payments: Each payment must be at least 5 USD and at most 2.5 million INR (₹25 lakh) or equivalent; payments outside these limits are returned to the sender.¹
• Other Swift currencies: Swift receiving fees for the 19 other currencies are not on the India pages checked; the business pricing page links to a separate list.⁴

Wise also does not publish whether the Swift and wire fees in the general business fee table apply unchanged to India-based business profiles, or support channels for Indian business customers on the receiving pages checked.¹²⁴

How can you reduce Wise fees?

You can reduce Wise fees mainly by asking clients to pay by domestic transfer into Wise account details, which Wise lists as free, instead of by Swift or wire.⁴

• Prefer local transfers: Domestic payments are free, while a USD wire costs 6.11 USD.⁴
• Client pays from Wise: Wise's India receive page says a client paying from a Wise account instead of a USD wire saves US$4.14.⁵
• Fewer, larger payments: The 2 USD equivalent transfer fee applies per transfer to your INR bank account.¹

For example, a consultant invoicing a US client monthly could share Wise's USD local account details so the client pays by ACH instead of wire, avoiding the 6.11 USD wire fee.⁴

How do Wise fees compare with other platforms?

Wise fees compare with other platforms as shown below, sorted by estimated cost on a USD 5,000 receipt on published fees, cheapest first; Wise follows because its conversion fee to INR is not published.²

For more options in the same order, see Wise alternatives, and compare providers on your own invoice with the international payment fee calculator.