Inkle Transfer Pricing Payments
Seamless Intercompany Transfers: USD to INR with the best FX rates, T+1 settlements & compliance with FIRA.
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Inkle Transfer Pricing Payments
Seamless Intercompany Transfers: USD to INR with the best FX rates, T+1 settlements & compliance with FIRA.
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Disclaimer: The conversion rate may vary depending on the exact time of transaction.
Inkle Transfer Pricing Payments
Seamless Intercompany Transfers: USD to INR with the best FX rates, T+1 settlements & compliance with FIRA.
Integrates with existing solutions
With seamless data ingestion through Plaid and Bank Statements, your transactions are effortlessly categorised and synced with your existing accounting software.
Secure
Funds don’t touch Inkle
Money is moved via top 4 global banks.
Fast
T+1 settlements
Get funds in recipient bank A/C in T+1 business days. Know your transaction status in real-time.
Transparent
Up-front FX rates
No hidden fees, we are 100% transparent with FX rates. See live mid-market rates even before you initiate a transfer!
Compliant
Free FIRA
Get a Foreign Inward Remittance Advice for every transfer, download anytime from the dashboard,
How is this different from SWIFT to Indian bank?
Inkle TP Payments
Popular
Other Banks
Popular
Flat Fees
Zero
20-100$
FX Markup Fees
Fixed - 25 bps over mid-market
Varies 80-160 bps, average ~ 120 bps over mid-market
Payment Method
US Domestic (FedWire/ACH Credit)
SWIFT only (expensive)
Speed
T+1 Settlement
1-3 working days
Transparency
Up-front FX rates and settlement times
No visibility on benchmark rate, settlement rate & time
Compliance
Pre-fix purpose code, get and store free Payment Advice/FIRA
Paperwork, email from banker
Accounting
Reconciliation against invoices as you go, standard good practices
End of year hassle to generate and reconcile invoices against payments
Banker Calls
No calls
Calls, emails from RM for disposal instructions
Support
Complete oversight and support and Inkle chat
No dedicated support or guidelines
