Are you an Indian business? PayGlocal's multi-currency account helps accept payments in 33+ currencies with the best rates and banking experience.
Collect payments locally in USD, GBP, EUR and CAD via efficient and direct bank transfers.
Ditch the high cost wire transfers
Enjoy clear pricing and standard rates without any markup or hidden charges.
Collect payments locally in USD, GBP, EUR, and CAD, and globally in 33 currencies from 180+ countries via a global currency account.
Receive FIRC right in your inbox after settlement, and stay compliant!
Stay informed with frequent notifications on your fund status every step of the way.
Manage multi-currency transactions easily with transparent pricing, instant notifications, and downloadable FIRA from the dashboard.
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By submitting this form, I acknowledge that I have read, understood and accordingly agree to the Privacy Statement
PayGlocal's multi-currency account enables you to accept payments like a local entity in the markets of interest. This allows for faster settlements and less conversion costs when compared to traditional bank accounts.
PayGlocal’s multi-currency account set up gives you access to a global SWIFT account to process 33+ currencies as well as local currency accounts in four major geographies (United States, Canada, United Kingdom and European Union).
PayGlocal supports 33+ currencies through the global SWIFT account and 4 major currencies (USD, EUR, CAD and GBP) through local accounts for payment collection by Indian merchants.
Once the payment is made into your multi-currency account and the supporting documents have been submitted by you with-in the stipulated time, it takes two to three working days for you to access funds in your Indian bank account.
Yes, PayGlocal provides eFIRA/FIRC as generated by the partner banks once the amount is settled.
PayGlocal’s multi-currency account product is not used to hold money. Once your multi-currency account receives money, you must submit supporting documents to get the settlement with-in two working days. If the documents are not submitted, the money goes back to the sender automatically.
You can check the status of your funds on the PayGlocal dashboard. You are also notified via email once the funds are transferred to your multi-currency account and settled into your Indian bank account to provide complete visibility into the process.
Payment rails are the infrastructure that supports different payment transfers. If the wrong payment rails are used during fund transfers, the payment is automatically reverted to the customer. Always use the guided account details for sharing with your fund senders to ensure they are received in the safest and fastest mode possible.
No, multi-currency accounts can only support online bank transfers it doesn't support cash, cheque payments.