COLLECT VIA BANK ACCOUNTSGive your overseas clients a local account
to pay into.
Get dedicated collection accounts in USD, EUR, GBP, AUD, and CAD. Your buyers pay locally without SWIFT friction, and you receive RBI-compliant INR settlements.
Local accounts in five major currencies.
Your client pays in their own country, using their own bank — no international transfer, no SWIFT fee, no delay. To them it looks like a domestic payment.
Four ways to collect via bank.
From virtual accounts to SWIFT wires to local payment rails — Xchangepe routes every inflow correctly and settles in INR.
Virtual Collection Accounts
Your own account number, in their country.
Xchangepe gives you a dedicated bank account number in USD, EUR, GBP, AUD or CAD. Share it once — your client makes a regular domestic transfer, and you receive converted INR with full FIRA documentation.
- ›Dedicated account per currency — not shared
- ›Buyer pays locally — no SWIFT code needed
- ›Faster settlement vs. traditional international wire
- ›Better FX — no correspondent-bank cuts along the way
SWIFT / International Wire
For buyers who prefer the traditional route.
For overseas buyers more comfortable with a standard international wire, Xchangepe accepts SWIFT transfers in 33+ currencies — with a transparent FX rate and no hidden charges.
- ›33+ global currencies accepted via SWIFT
- ›Funds routed through regulated Indian banking partners
- ›Rate disclosed before settlement — no surprises
- ›FIRA issued automatically on receipt
Local Payment Rails
ACH, SEPA, Faster Payments — buyer pays their way.
Buyers in the US, Eurozone and UK send money through their own country's fast payment systems. They initiate a local transfer; you receive INR.
- ›ACH — US dollar payments via US banking rails
- ›SEPA — Euro payments across 36 European countries
- ›Faster Payments — UK transfers in near real-time
- ›Buyer experience identical to a domestic transfer
Purpose Code Auto-Mapping
RBI compliance handled automatically.
Every inward remittance into India must carry an RBI purpose code. Xchangepe auto-maps every inflow to the correct code based on your business profile — no manual work, no compliance errors.
- ›Automatic classification based on your business type
- ›Correct codes submitted to your bank automatically
- ›No manual entry or guesswork for your finance team
- ›Reduces the risk of FEMA / RBI compliance issues
How Your Client's Payment Becomes INR in Your Account
You share your collection details once. Every payment after that is automatic.
Share Your Account Details
Xchangepe gives you a USD, EUR, GBP, AUD or CAD account. Share the details with your client once — like any bank account number.
Buyer Pays Locally
They log into their own bank and make a local transfer. No SWIFT, no international forms, no correspondent-bank fees.
Xchangepe Converts
We receive the funds, apply a transparent FX rate benchmarked to the interbank rate, auto-map the purpose code, and prepare your INR settlement.
INR + FIRA Delivered
INR is credited to your Indian bank account. FIRA is issued automatically — your finance team just downloads it.
Built for serious exporters.
Every feature your finance team needs — without the complexity your bank charges you for.
FIRA Auto-Issued
Foreign Inward Remittance Advice generated automatically for every inflow. Download anytime from your dashboard.
Real-Time Settlement Tracking
See exactly where your payment is — received, in conversion, or settled to your INR account.
Transparent FX Rates
Know your INR amount before you confirm. No surprise deductions from correspondent banks, no hidden spreads.
Purpose Code Automation
Every remittance auto-classified to the correct RBI purpose code. No manual work, no compliance gaps.
Audit-Ready Records
Full transaction history, FIRA documents and FX records — all in one place for your auditor.
Works Alongside Your Bank
Xchangepe complements your existing banking relationship. Funds move through regulated banking rails — never grey channels.
For businesses with regular international inflows.
Bank collection works best when your buyers are businesses or institutions making high-value, regular transfers.
IT Services & Software Exporters
Monthly service invoices from US, UK or EU clients.
Physical Goods Exporters
Payments against trade invoices and purchase orders.
STPI-Registered Companies
Compliant inward remittance with correct Softex and FIRA.
Marketplace Sellers
Collect earnings from Amazon, Etsy, Shopify and more in your preferred currency.
Your collection account is ready in 24 hours.
Complete a quick KYC, get your USD, EUR, GBP, AUD and CAD account details, and share them with your first client today.
No setup fees · KYC in 24 hours · RBI-compliant rails