What Are Currenxie Fees in India in 2026?
- Author:
- Manoj Sharma
- Verified by:
- Editorial team
- Published:
- Last modified:
Short answer
Currenxie fees for Indian users: USD 0.75 per local collection, USD 8.00 per SWIFT payment received or sent, USD 3.00 per local payout (India included), Global Account free. Currenxie does not publish enough pricing for Indian users to calculate the exact INR received, so this page lists each published charge. Fees were checked on 30 Sept 2026.
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving fee | USD 0.75 per local collection, USD 8.00 SWIFT, USD 3.00 India payout | Each payment received | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| FX markup | States mid-market + 0.50% for INR (0.35% majors) | Conversion to INR | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| GST | Not confirmed. Currenxie does not state whether Indian GST applies to its fees | On the fee | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
What are Currenxie fees at a glance?
Currenxie fees for Indian users, as published on Currenxie's own pricing pages and checked on 30 Sept 2026.
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving: Local payment to virtual account details (US, UK, Eurozone, Hong Kong, Japan, Australia, Canada, Mexico) | USD 0.75 per transfer | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Receiving: SWIFT payment received into the Hong Kong multi-currency account | USD 8.00 per transfer | Correspondent bank fees may apply and are outside Currenxie's control | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Receiving: Inter-client transfer from another Currenxie client | Processing fee waived; standard FX fees and any applicable non-standard fees still apply | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Currency conversion to INR | States it uses the genuine mid-market rate plus a published FX fee: 0.50% for exchanges involving INR (Tier 3), 0.35% for major currencies such as USD, EUR and GBP; INR exchanges are excluded from volume-based FX discounts | When foreign currency is converted | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Payout to an Indian bank | Convert balances to INR at mid-market plus a 0.50% FX fee, then send a local INR payment to an Indian bank account for USD 3.00 per transfer. Currenxie states new beneficiaries typically take one business day to activate; delivery time to India is Not confirmed | When INR is sent to your account | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Additional virtual account (one-time provisioning) | USD 8.00 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Inbound payment with incorrect beneficiary name | USD 40 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Returning an inbound payment | USD 50 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Payment collection for offshore registered companies | 0.05% of received amount | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Global Account set up for offshore jurisdictions or listed industries | USD 50 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Dormant account reactivation (no outgoing activity for 12 months) | USD 50 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Team Visa cards (Hong Kong companies) | HKD 50 per month for up to 5, HKD 15 per additional card | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Global Account set up for complex corporate structures (three or more layers of ownership) | USD 500 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Global Account set up for companies with nominee shareholders | USD 250 | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| GST on fees | Not confirmed. Currenxie does not state whether Indian GST applies to its fees | Applies to the platform's fee | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
How does Currenxie charge Indian users?
Currenxie charges through a receiving fee, an FX markup on conversion and, in some cases, payout or fixed fees.
- Transaction fee: USD 0.75 per local collection, USD 8.00 per SWIFT payment received or sent, USD 3.00 per local payout (India included), Global Account free
- FX markup: States it uses the genuine mid-market rate plus a published FX fee: 0.50% for exchanges involving INR (Tier 3), 0.35% for major currencies such as USD, EUR and GBP; INR exchanges are excluded from volume-based FX discounts
- Withdrawal fee: Convert balances to INR at mid-market plus a 0.50% FX fee, then send a local INR payment to an Indian bank account for USD 3.00 per transfer. Currenxie states new beneficiaries typically take one business day to activate; delivery time to India is Not confirmed
- GST: Not confirmed. Currenxie does not state whether Indian GST applies to its fees
Calculation basis: Fees set to null. Currenxie publishes global pricing (rechecked 7 Oct 2026): USD 0.75 to collect a local payment, a 0.50% FX fee for exchanges involving INR, and USD 3.00 to send a local payment to India. Its volume-based pricing article (updated 17 Sep 2026) excludes any exchange with INR from volume discounts, so 0.50% is the published INR rate. It does not publish GST treatment of its fees for Indian clients, does not confirm that India-registered companies are onboarded or which Currenxie entity contracts with them, and does not serve individuals or sole traders, so a complete fee model for an Indian resident cannot be built.
What does Currenxie charge by payment method?
Currenxie's fee depends on how your client pays. Methods not listed are not supported or not published for Indian users.
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving: Local payment to virtual account details (US, UK, Eurozone, Hong Kong, Japan, Australia, Canada, Mexico) | USD 0.75 per transfer | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Receiving: SWIFT payment received into the Hong Kong multi-currency account | USD 8.00 per transfer | Correspondent bank fees may apply and are outside Currenxie's control | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Receiving: Inter-client transfer from another Currenxie client | Processing fee waived; standard FX fees and any applicable non-standard fees still apply | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Currency conversion to INR | States it uses the genuine mid-market rate plus a published FX fee: 0.50% for exchanges involving INR (Tier 3), 0.35% for major currencies such as USD, EUR and GBP; INR exchanges are excluded from volume-based FX discounts | When foreign currency is converted | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Payout to an Indian bank | Convert balances to INR at mid-market plus a 0.50% FX fee, then send a local INR payment to an Indian bank account for USD 3.00 per transfer. Currenxie states new beneficiaries typically take one business day to activate; delivery time to India is Not confirmed | When INR is sent to your account | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| GST on fees | Not confirmed. Currenxie does not state whether Indian GST applies to its fees | Applies to the platform's fee | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
What is the Currenxie currency conversion fee and FX markup?
Published FX markup: States it uses the genuine mid-market rate plus a published FX fee: 0.50% for exchanges involving INR (Tier 3), 0.35% for major currencies such as USD, EUR and GBP; INR exchanges are excluded from volume-based FX discounts. The markup is the difference between the mid-market rate and the rate Currenxie applies when converting to INR.
What are Currenxie withdrawal and settlement fees?
| Platform | Settlement to India | Payout route | Best for |
|---|---|---|---|
| Currenxie | States same or next business day; India timing not confirmed | Mid-market + 0.50% FX, USD 3.00 per INR transfer; timing not confirmed | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
Is GST charged on Currenxie fees?
Not confirmed. Currenxie does not state whether Indian GST applies to its fees
How much INR do you receive on $2,000, $5,000 and $10,000 with Currenxie?
The table shows each charge line by line at the XE mid-market rate for 3 Nov 2026.
| Platform and invoice | Fee | FX markup | GST | INR received | Cost | Best for |
|---|---|---|---|---|---|---|
| Currenxie, $2,000 | – | – | – | Not published | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Currenxie, $5,000 | – | – | – | Not published | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
| Currenxie, $10,000 | – | – | – | Not published | – | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
How can you reduce Currenxie fees?
- Payment method: Ask clients to pay by local bank transfer to your account details, which usually costs less than cards, wallets or Swift wires.
- Invoice size: Where a platform charges a flat fee per payment, fewer and larger invoices lower the cost as a share of revenue.
- Conversion: Compare the rate offered with the mid-market rate on the day, because the FX markup is often the larger cost.
- GST: Keep the platform's tax invoices, since GST paid on fees may be claimable as input tax credit if you are GST registered.
How do Currenxie fees compare with other platforms?
Platforms are ranked by the INR received on a $5,000 invoice, with Currenxie included.
| Platform | Fees | FX markup | FIRA | INR on $5,000 | Best for |
|---|---|---|---|---|---|
| Skydo | $19 up to $2,000, $29 to $10,000, 0.3% above + GST | States zero FX margin at live rate | States instant, free FIRA per payment | ₹4,70,252 | Indian freelancers and exporters receiving mid to large B2B invoices |
| Razorpay | 1% per bank transfer (Rs 1,000 flat below Rs 1,00,000) + GST | States 0% markup on MoneySaver at live rate | FIRS within 24 hours of settlement; no charge listed | ₹4,67,906 | Indian businesses and freelancers on Razorpay invoicing foreign clients |
| Kotak Mahindra Bank | No inward, FIRC, SWIFT fee on current accounts; GST on conversion | Card rate, markup not published; 1.71% below mid-market on 7 Oct 2026 | Nil FIRC on current accounts; savings Rs 100 or nil | ₹4,64,889 | Service exporters wanting a current account without inward remittance fees |
| HDFC Bank | No inward charge; physical FIRC INR 200 + taxes; GST on conversion | Card rate ~1.79% below mid-market on 6 Oct 2026; markup unpublished | Physical FIRC INR 200; emailed advice free for trade | ₹4,64,511 | Existing HDFC customers wanting free SWIFT receipts or EEFC accounts |
| Currenxie | USD 0.75 per local collection, USD 8.00 SWIFT, USD 3.00 India payout | States mid-market + 0.50% for INR (0.35% majors) | Not confirmed; no FIRA or FIRC mention | ₹4,69,902 to ₹4,70,772 (estimate) | Incorporated businesses holding multiple currencies, often with Hong Kong presence |
How did we verify this?
Fees were checked on Currenxie's own pages on 30 Sept 2026. INR figures use the XE mid-market rate for 3 Nov 2026. The formula is on the methodology page.
- Currenxie Pricing, Collect local payments USD 0.75 per transfer; Send local payments (... India ...) USD 3.00 per transfer; Tier 3 (... INR ...) 0.50% (checked 7 Oct 2026)
- Currenxie homepage (checked 6 Oct 2026)
- Who can apply? (Global Account), "We do not offer accounts for Sole Traders or for personal use." (checked 7 Oct 2026)
- Is Currenxie regulated? (checked 6 Oct 2026)
- What documents are needed for opening a Global Account? (checked 6 Oct 2026)
- What documents can I use as proof of address? (checked 6 Oct 2026)
- Which countries and currencies are included in the Currenxie payment network? (checked 6 Oct 2026)
- What countries can I send and receive payments to and from? (checked 6 Oct 2026)
- What exchange rate is used for foreign exchange? (checked 6 Oct 2026)
- Schedule of additional and non-standard fees, Global Account set up for complex corporate structures (for companies that have three or more layers of ownership) $500; Global Account set up for nominee shareholdings $250 (checked 7 Oct 2026)
- Are there any correspondent bank fees for transfers made with a Currenxie account? (checked 6 Oct 2026)
- Who can apply? (Currenxie Card) (checked 6 Oct 2026)
- Why does my account confirmation letter show Currenxie Technologies Limited? (checked 6 Oct 2026)
- Are there any fees associated with inter-client transfers? (checked 6 Oct 2026)
- How do I send payments? (checked 6 Oct 2026)
- What is volume-based pricing? (updated 17 Sep 2026), "Out of scope currencies include: Any exchange with IDR, INR, MYR" (checked 7 Oct 2026)
FAQs about Currenxie fees
How much does Currenxie charge to receive money in India?
Fees: USD 0.75 per local collection, USD 8.00 per SWIFT payment received or sent, USD 3.00 per local payout (India included), Global Account free. GST: Not confirmed. Currenxie does not state whether Indian GST applies to its fees Check Currenxie's own pricing page before relying on these figures, because platforms can change fees without notice.
Does Currenxie add a markup to the exchange rate?
Published FX markup: States it uses the genuine mid-market rate plus a published FX fee: 0.50% for exchanges involving INR (Tier 3), 0.35% for major currencies such as USD, EUR and GBP; INR exchanges are excluded from volume-based FX discounts. Compare the rate Currenxie offers with the mid-market rate on the day you convert.
Is GST charged on Currenxie fees?
Not confirmed. Currenxie does not state whether Indian GST applies to its fees Where a platform charges GST, it is added on top of the fee, so the total cost rises by 18% of the fee. This page's calculator adds GST on fees where the platform charges it or does not say otherwise.
How long does Currenxie take to pay out to an Indian bank account?
Currenxie states funds collected through virtual accounts are instantly available in the Global Account and that outgoing payments usually arrive on the same or next business day depending on the beneficiary bank's location; India-specific delivery time is Not confirmed. Check the platform's own pricing page before relying on these figures.
Does Currenxie provide a FIRA for each payment?
Currenxie's pricing page and the help centre articles reviewed do not mention FIRA, FIRC or e-FIRC, and a help centre search for these terms returns no results. Whether the Indian receiving bank issues a FIRA for an INR payout from Currenxie is Not confirmed.
Is Currenxie cheaper than other ways to receive international payments?
Currenxie does not publish enough pricing for Indian users to calculate a total cost, so it cannot be ranked on this site. The comparison table on this page shows platforms that publish full pricing, ranked by the INR received on a $5,000 invoice.