Send money to India, and receive from India- Local currency
- Indian rupee (INR)
- Payout methods
- Local bank account
- Local settlement
- Same day (T+0)
- Indicative cost
- from 0.12%
Send money to India from Europe, the UK, the US, Canada and more
Fund a payout in any of the currencies below, or in USDT or USDC, and JET delivers INR to the recipient's local bank account. Every route is priced before you send and every payment carries a full audit trail.
| Corridor | Indicative cost | INR payout |
|---|---|---|
| EUR → INR | from 0.12% (12 bps) | Same day (T+0) |
| USD → INR | from 0.12% (12 bps) | Same day (T+0) |
| GBP → INR | from 0.14% (14 bps) | Same day (T+0) |
| CHF → INR | from 0.13% (13 bps) | Same day (T+0) |
| CAD → INR | from 0.13% (13 bps) | Same day (T+0) |
| AED → INR | from 0.13% (13 bps) | Same day (T+0) |
| SAR → INR | from 0.14% (14 bps) | Same day (T+0) |
| SGD → INR | from 0.14% (14 bps) | Same day (T+0) |
| AUD → INR | from 0.16% (16 bps) | Same day (T+0) |
| CZK → INR | from 0.15% (15 bps) | Same day (T+0) |
| USDT → INR | from 1.00% (100 bps) | Same day (T+0) |
| USDC → INR | from 0.95% (95 bps) | Same day (T+0) |
Receive money from India
Collect INR locally by local bank transfer and settle it out of India into the currencies below, or hold it as a dollar stablecoin.
| Corridor | Indicative cost | Settlement |
|---|---|---|
| INR → EUR | from 0.12% (12 bps) | Same day (T+0) |
| INR → USD | from 0.12% (12 bps) | Same day (T+0) |
| INR → GBP | from 0.14% (14 bps) | Same day (T+0) |
| INR → AED | from 0.13% (13 bps) | Same day (T+0) |
| INR → CHF | from 0.13% (13 bps) | Same day (T+0) |
| INR → SGD | from 0.14% (14 bps) | Same day (T+0) |
| INR → USDT | from 1.00% (100 bps) | Minutes |
| INR → USDC | from 0.95% (95 bps) | Minutes |
How a transfer to India moves through JET
- Collect. Your customer pays you in EUR, USD, GBP or another sending currency; you fund the payout from your JET account or through the API.
- Route. JET picks the cheapest, fastest route, converts at the best available rate and moves the value on stablecoin rails in minutes.
- Pay out. The recipient receives INR in a local bank account the same business day, and you see the status of every payment in one place.
Across Asia-Pacific JET reaches the major supplier and remittance markets, from China and Vietnam to India, Pakistan, Bangladesh and the Philippines.
A note on India
EUR, USD or GBP to INR is priced like any other corridor. Converting INR directly into or out of a stablecoin carries extra compliance and tax handling in India and is priced from 0.90%.
Frequently asked questions
What is the best way for a business to send money to India from Europe?
Fund the payment in EUR from a JET account or through the API: JET converts at the best available rate across several liquidity providers, moves the value on stablecoin rails in minutes and pays out INR the same business day, with the price and timing shown before you send. EUR to INR is indicatively from 0.12%.
How can a business send money to India?
Open a JET account, fund the payout in EUR, USD, GBP or another supported currency, and add the recipient's local bank account in India. JET converts and pays out INR the same business day. Teams with their own product use the same rails through the JET API.
What does it cost to send money from Europe to India?
EUR to INR is indicatively from 0.12% all in (FX and fees). There is no required volume minimum and no minimum fee, and your price is confirmed in your client agreement.
How fast can I send money to India?
The stablecoin leg settles in minutes. The local INR payout lands the same business day, and the exact timing is shown for every route before you send.
Can I send money from the Czech Republic to India?
Yes. Pay in Czech koruna (CZK), settled same day, and JET pays out INR in India. CZK to INR is indicatively from 0.15%.
Can I receive money from India?
Yes. Collect INR locally by local bank transfer and settle it into EUR, USD, GBP or a dollar stablecoin such as USDT or USDC.
Who is JET for?
Remittance companies, PSPs, importers, treasuries and businesses that pay or collect across borders. JET serves businesses, not individual consumers.