Winvesta Business Support
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Are there any other charges?

For Indian businesses, local collections and payments have no other charges. For most businesses, all they pay is 1.50% of the transaction. Local collections are available for USD, GBP, and EUR (soon CAD and SGD as well). Local payments are available for 17 currencies, including INR.

If you are using Wire transfers, there is an additional fee:

SWIFT Incoming: $10
SWIFT Outgoing: $30 + 0.20%
USD Fedwire Incoming: $10

If your business is allowed to make payments in other currencies, there is a 0.20% payment fee for all non-INR transfers.

For UK businesses, we offer full feature multi-currency banking, and the pricing for that is different from that for Indian entities.