Need USA Bank Account For Money Transfer from USA to India
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A friend of mine in India who is a freelance has a client in USA , his client has only 2 modes of payment available , either USA bank account Transfer or Paypal Transfer, Paypal appears to be a costly affair due to high processing charges.
So he is looking for an account in USA to which his client can transfer the money.
Once the client credits his USA account with the fund he doesn't want to transfer all the funds from his USA account to his Indian account at once and want to transfer only a fixed amount every month.
Which are the best possible ways to achieve this with minimum processing charges.
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how much does he gets paid in a month on an average? and how much balance can keep in that account?
Paa ji, aapka iraada kya hai?
Koi https://amazon.in/dp/818400205X hai kya aap ka?
I think vested is the solution you are looking for
Check my old posts regarding the same.
It is nearly impossible to maintain USA bank account to hold the money as we like.
Payoneer.com will be good, but the amount gets transferred automatically to your Indian bank account (as per the RBI rule).
Ping me if you need referral to payoneer (which I am using for last 18months). No issues faced so far.
I use wise.com
USDC is good.
Link please bro
Either use Payoneer (DM for referral link) or sign up for Winvesta
https://prelaunch.vestedfinance.com/in/vested-m...
But Only this link works and it takes to a waitlist page
But the thing is, most of the clients from US and CA feel safe doing business with Paypal due to Paypal's Buyer Protection Policies.
https://www.livemint.com/money/personal-finance...
https://www.doola.com/blog/how-to-open-a-us-bus...
few usa banks allow to open bank account with indian passport. check the above links.