How Do You Receive PLN (Polish Zloty) Payments in India in 2026?

The table ranks platforms with full published pricing for PLN by the INR received on PLN 5,000, then lists other business platforms that accept PLN, unranked. Fees were checked on 30 Sept 2026 or later.

The real PLN to INR rate is the mid-market rate, the midpoint between buying and selling prices. Bank TT buying rates, card rates and platform rates sit below it, and the gap is a cost to you. For example, at an example mid-market rate of ₹24.67 per zloty, receiving ₹24.30 per zloty on PLN 10,000 costs ₹3,700.

Today's rate, its history and every platform's payout are on the PLN to INR rate page.

Each row applies the platform's published fee, FX markup and 18% GST on the fee to the mid-market rate of ₹24.02 per PLN for 3 Nov 2026.

Yes, you can hold PLN in India in an EEFC account if your AD bank keeps zloty balances. Any person resident in India can open one under FEMA 10(R), and professionals can credit consultancy fees. The account pays no interest. Some banks offer only major currencies, so ask first or convert on receipt.

• Credits: Up to 100 percent of foreign exchange earnings received through the banking channel can go in, and card receipts reimbursed in foreign exchange count as banking channel receipts under Schedule I of FEMA 10(R).
• Conversion: The Master Direction on Deposits and Accounts says a calendar month's accruals should be converted to rupees by the end of the next month, after adjusting for approved uses or forward commitments. Check how your AD bank applies this.
• Interest: The EEFC account is non-interest bearing, and banks may not lend against the balance, as set out in the Master Direction.
• Currency: Banks choose which currencies they hold in EEFC accounts. If your bank does not keep PLN, it may convert zloty to USD or EUR on credit, which adds a second conversion. See EEFC account benefits.

• Spot: Convert zloty at the rate on the day they arrive. It is simple, and you accept whatever rate the market gives that day.
• Forward contract: Fix a PLN to INR rate today for a future date. Under RBI's hedging directions, AD banks can offer forwards to retail users and allow hedging of contracted exposure up to USD 100 million equivalent without first proving it, though a real exposure must exist. Zloty forwards may not be quoted by every bank. See forward contracts for exporters.
• Limit order: Ask your bank or provider to convert automatically when PLN to INR reaches a rate you set. Availability and minimum amounts vary for less traded currencies, so confirm before relying on it.
• Natural hedge: Pay zloty costs, such as Polish subcontractors or travel booked in PLN, from EEFC balances so that part of your income is never converted. Payments outside India for permitted current account transactions are allowed debits under FEMA 10(R).

Receiving PLN for exports in India follows the same FEMA rules as any other currency. From 1 October 2026, service exporters file an EDF within 30 days of the end of the invoice month and realise proceeds within nine months under the FEMA 2026 Regulations. Your AD bank reports each receipt with a purpose code.

• EDF: Regulation 3(2) of the FEMA (Export and Import of Goods and Services) Regulations, 2026 requires an EDF for services, and one EDF can cover a month's invoices. A.P. (DIR Series) Circular No. 20 supersedes the SOFTEX circulars from 1 October 2026. See the EDF guide.
• Realisation: Export proceeds must be realised within nine months of the invoice date for services, or twelve months if invoiced or settled in INR, as amended on 22 September 2026. Your AD bank can extend this on request.
• EDPMS: Invoices up to ₹10 lakh can be closed in EDPMS on your declaration of realisation, under Regulation 4(2) of the 2026 Regulations.
• Purpose code: Banks report receipts under FETERS using RBI's purpose code list. The code depends on the service provided, and the currency does not change it. FIRA is not a term defined in FEMA; banks issue an inward remittance advice or certificate. See what FIRA means.
• GST: Payment in convertible foreign exchange such as PLN is one condition of export of services under IGST Act section 2(6). A Letter of Undertaking under Rule 96A lets you export without paying IGST.

Rules and rails are linked to official sources below with the dates they were checked. Platform figures come from each platform's own pages, checked on 30 Sept 2026 or later, and RBI authorisation was checked against RBI's published list. Rates are XE live mid-market rates, dated 3 Nov 2026. The method is on the methodology page.

1. Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, Notification No. FEMA 23(R)/2026-RB, Reg 3(2): services EDF within 30 days from end of month in which invoice raised, single EDF for a month; Reg 4(2): EDPMS entry up to Rs 10 lakh closed on exporter's declaration; Reg 5: realisation period, twelve months where invoiced or settled in INR (checked 8 Oct 2026)
2. FEMA 23(R)/(1)/2026-RB: amendment to the Export and Import of Goods and Services Regulations, 2026, In force 1 October 2026; regulation 5(1): 'fifteen months' substituted by 'nine months'; 'eighteen months' by 'twelve months' (checked 8 Oct 2026)
3. RBI A.P. (DIR Series) Circular No. 20, RBI/2025-26/194 (16 January 2026), Master Directions on Export and Import of Goods and Services and the SOFTEX circulars superseded from 1 October 2026 (checked 8 Oct 2026)
4. Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2015, FEMA 10(R), Regulation 4(A); Schedule I: EEFC credits of 100 percent of foreign exchange earnings, card receipts as banking channel, permitted debits (checked 8 Oct 2026)
5. RBI Master Direction - Deposits and Accounts, Para 3.1: EEFC non-interest bearing; monthly accruals converted by end of succeeding month after approved uses or forward commitments; no credit facilities against balances (checked 8 Oct 2026)
6. Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023, FEMA 14(R)/2023-RB, Regulation 3: receipts from countries other than ACU members in Indian Rupees or in any foreign currency (checked 8 Oct 2026)
7. RBI Master Direction on Regulation of Payment Aggregator (PA), Para 11(d): maximum Rs 25 lakh per PA-CB transaction; para 11(h): documents for EDPMS closure (checked 8 Oct 2026)
8. RBI circular: Guidelines to facilitate faster cross-border inward payments, RBI/2026-27/08 (9 April 2026), Banks shall endeavour to credit inward payments received during forex market hours within the same business day and after market hours on the next business day; operational six months from the 9 April 2026 circular, i.e. 9 October 2026 (checked 8 Oct 2026)
9. RBI A.P. (DIR Series) Circular No. 84: Compilation of R-Returns, reporting under FETERS (29 February 2012), Purpose code list; P0802 Software consultancy/implementation (other than those covered in SOFTEX form); P0807 Off site software exports (checked 8 Oct 2026)
10. RBI A.P. (DIR Series) Circular No. 13, RBI/2023-24/108: Hedging of foreign exchange risk (5 January 2024), Retail users may be offered foreign exchange forwards; contracted exposure up to USD 100 million equivalent without establishing underlying exposure (checked 8 Oct 2026)
11. Integrated Goods and Services Tax Act, 2017, section 2 (CBIC), Section 2(6): export of services conditions, including payment received in convertible foreign exchange or in Indian rupees wherever permitted by RBI (checked 8 Oct 2026)
12. Central Goods and Services Tax Rules, 2017, Rule 96A (CBIC), Rule 96A(1): bond or Letter of Undertaking in FORM GST RFD-11 for export without payment of integrated tax (checked 8 Oct 2026)
13. KIR: Elixir system, Electronic interbank clearing system that handles transfers in PLN; three sessions each business day, closed on the same day in SORBNET2 system of the National Bank of Poland (checked 8 Oct 2026)
14. KIR: Express Elixir (clients), Transfers take a few seconds, 24/7/365; up to PLN 100,000 as standard for a single transfer; the only condition is that the service is available at your bank and the recipient's bank (checked 8 Oct 2026)
15. KIR: Euro Elixir and SEPA, A SEPA transfer must meet specific conditions, e.g. it is made in EUR currency within countries belonging to the SEPA area (EU + Iceland, Norway, Liechtenstein ...); list of SEPA countries includes Poland (PL) (checked 8 Oct 2026)
16. European Central Bank: Euro foreign exchange reference rates, Reference rates for information only; on 7 October 2026 EUR/PLN 4.3825 and EUR/INR 108.1165, implying about INR 24.67 per PLN (basis for the example rate) (checked 8 Oct 2026)
17. Razorpay MoneySaver Export Account (International Bank Transfers) pricing, Standard Plan: 0% FX markup, 1% fee, FlashLinks 2%, GST applicable, flat fee of INR 1,000 on transactions below INR 1,00,000, setup and AMC INR 0 (checked 6 Oct 2026)
18. Skydo homepage (pricing and fee calculator), Know what you pay; calculator showing GST 18% of transaction fee (checked 6 Oct 2026)
19. Stripe India pricing, International cards with USD/other currency presentment 4.3% + 2% if currency conversion is required; Mastercard and Visa cards issued outside India 3% + 2%; American Express outside India 3.5% + 2%; dispute received INR 1,000.00 (checked 7 Oct 2026)
20. PayPal India Merchant Fees, Receiving international transactions; Currency Conversions (3.0% converting balance and payments received; 4.00% all other cases); Withdrawals Out of PayPal; Dispute Fees; Other Fees (Last Updated 28 March 2024) (checked 6 Oct 2026)
21. Airwallex Help: Eligible Countries and Territories, INDIA IN - AWX Legal Entity SINGAPORE (checked 7 Oct 2026)
22. ICICI Bank - Inward trade remittances, Receive remittances in 24+ currencies; BIRC for export proceeds, FIRC for FDI/FII on request; funds credited within 1 hour of disposal instruction and documents (checked 7 Oct 2026)
23. Winvesta FAQ: What are the charges for the global collections account?, Up to 2,000 a month: 0.99% + a small fixed fee; 2,000-100,000 a month: custom pricing; above 100,000 a month: flat 0.2%; USD Collections: $3 + 0.99%; 18% GST will be levied on Winvesta fees for every non-JPMC account (checked 7 Oct 2026)
24. PingPong India home, Digital FIRCs in your PingPong dashboard. Free of cost; All fee charges are shown on the account dashboard (checked 7 Oct 2026)