Wise Fees for India (USD to INR): Complete Fee Breakdown

How Wise calculates its USD to INR fee

~0.97% — Total cost rate on $500 USD→INR via Wise (ACH funding)

Fixed fee vs. variable fee: why amount matters

Wise USD → INR fees by amount (ACH bank transfer)

Send Amount	Fixed Fee	Variable Fee (~0.43%)	FX Spread (~0.5%)	Est. Total Cost
$100	$0.57	$0.43	~$0.50	~$1.50 (1.5%)
$250	$0.57	$1.08	~$1.25	~$2.90 (1.16%)
$500	$0.57	$2.15	~$2.50	~$5.22 (1.04%)
$1,000	$0.57	$4.30	~$5.00	~$9.87 (0.99%)
$2,000	$0.57	$8.60	~$10.00	~$19.17 (0.96%)

Card funding can triple your Wise fee

How Wise's exchange rate compares to the mid-market rate

USD → INR provider comparison on $500

Provider	Transfer Fee	FX Markup	Total Cost	Speed
Bank Wire (SWIFT)	$25–45	2–4%	$35–65	2–5 days
Wise (ACH)	~$2.72	~0.5%	~$5.22	1–2 days
Remitly (Express)	~$3.99	~0.5%	~$6.50	minutes
USDC on Stellar	$0.50–1.50	~0.2%	$1.50–2.50	< 1 hour
USDC on Tron	$0.50–1.50	~0.2%	$1.50–2.50	< 1 hour
Western Union (bank)	~$5.00	1–2%	$10–15	1–3 days

Wise delivery options for INR

1. Get an exact Wise quote for your amount

2. Choose ACH bank transfer as your payment method

3. Compare Wise's quote against crypto rails

4. Verify your recipient's bank details

$125B+ — Annual remittance inflows to India (2024)

When Wise is and isn't the best choice for India

RBI compliance: Wise is fully authorized for India

See if crypto rails beat Wise for your INR transfer

Related guides

Frequently asked questions

What is the Wise fee for sending $1,000 USD to India?

For a $1,000 USD to INR transfer funded via ACH bank transfer, Wise charges approximately $4.87 in fees ($0.57 fixed + ~$4.30 variable at 0.43%). The exchange rate includes an additional ~0.5% FX spread, so total cost is roughly $9–10. Card-funded transfers cost significantly more — approximately $20–25 on $1,000.

Does Wise use the real mid-market exchange rate for INR?

Wise uses a rate close to the mid-market rate but applies a small spread of approximately 0.4–0.6% on USD/INR. This spread is embedded in the quoted exchange rate rather than listed as a separate fee. The rate is still far better than the 2–4% markup charged by banks and most traditional remittance services.

How long does a Wise USD to INR transfer take?

ACH-funded transfers typically arrive in India within 1–2 business days after Wise processes the payment. Card-funded transfers can be faster — sometimes same day — since Wise receives the funds immediately. Wise shows an estimated delivery time on the quote screen before you confirm.

Is there a cheaper alternative to Wise for USD to INR?

Yes — USDC sent on the Stellar or Tron network, off-ramped via CoinDCX in India, typically costs 40–60% less than Wise in total fees. On a $500 transfer, crypto rails cost approximately $2–3 versus ~$5 for Wise. The tradeoff is that the recipient needs a verified CoinDCX account and must complete the off-ramp step themselves.

What bank details does Wise need to send money to India?

Wise requires the recipient's full bank account number, the bank's IFSC code (an 11-character code identifying the specific branch), and the account holder's name as it appears on the account. Wise supports most major Indian banks including SBI, HDFC, ICICI, Axis, and Kotak. UPI-linked account delivery may also be available.

Compare live rates across 370+ corridors on RemitRoutes · methodology.