Foreign Exchange Management Act, 1999 (FEMA)
Governs foreign exchange transactions in India. Cross-border payments are generally routed through banks authorised by the RBI to deal in foreign exchange, with the purpose of each remittance documented.
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Pay & Move Money · International PaymentsInternational payments — what to know before you plan.
Paynancial Payouts send money to bank accounts and UPI IDs today. If your business needs to pay or get paid across borders, here is what that involves in India, and what to confirm with our team.
- Published facts only
- India context
- Questions to ask
- Talk to our team
In short
Paynancial's published payout capability sends funds to bank accounts and UPI IDs, singly or in bulk. Countries, currencies, foreign exchange and cross-border availability are not published on this site, so international payments are something to discuss with our team rather than a capability claimed here.
Overview
What international payments mean on Paynancial.
An international payment is any payment where the payer and the payee are in different countries. Compared with a domestic payout, it adds a foreign currency, a conversion rate, overseas bank details and — for a business in India — the rules of the country's foreign exchange framework.
What Paynancial publishes today is domestic-neutral: Payouts to bank accounts and UPI IDs, with saved beneficiaries, idempotency keys and payout webhooks. If you need cross-border payments, tell our team the countries, currencies and direction, and get a clear answer before you build around it.
Availability: International payments are not yet described as a Paynancial product. Nothing on this page claims cross-border availability, supported countries or currencies.
Confirm with our team before you plan:
- Which countries you need to pay or receive from
- Which currencies, and how conversion is handled
- Whether you are paying out, collecting, or both
- Fees, timelines and the documents required
How it works
Step by step.
- 01Know the direction
Decide whether you need to pay suppliers abroad, receive from customers abroad, or both.
- 02List countries and currencies
Write down where the money goes or comes from, and in which currency.
- 03Check your paperwork
Ask your CA which registrations and documents your cross-border activity needs.
- 04Ask about conversion
Understand who converts the currency, at what rate, and what it costs.
- 05Talk to our team
Share your requirements and get a clear answer on availability.
Published today
What Paynancial offers now.
Domestic payout capabilities — not a claim of cross-border support.
- Payouts to bank accounts
- Send funds to a beneficiary's bank account from the dashboard or API.
- Payouts to UPI IDs
- Pay a beneficiary's UPI ID directly.
- Single or bulk
- Pay one beneficiary or submit a batch in one action.
- Safe retries
- Idempotency keys mean a retried payout never pays twice.
- Payout events
- Webhooks as each payout changes state.
- Payout reporting
- Completed payouts appear in your reports for reconciliation.
Where it lives
Across the Paynancial platform.
International Payments is not a separate system — it runs through the products and tools you already use.
| Where | What you get |
|---|---|
| Payouts | Bank and UPI payouts today. See Payouts. |
| Bulk Payouts | Batches of domestic payouts. See Bulk Payouts. |
| Developers | The Payouts API and webhooks. See the API Reference. |
| Our team | Cross-border requirements. Ask about international payments. |
In India
Cross-border payments from India.
- FEMA and the RBI
- Foreign exchange transactions by businesses in India are governed by the Foreign Exchange Management Act, 1999, with the Reserve Bank of India as the regulator.
- Authorised Dealer banks
- Cross-border remittances are generally routed through banks the RBI has authorised to deal in foreign exchange.
- Purpose and documents
- Banks usually ask for the purpose of a remittance and supporting documents, such as an invoice or contract.
- Tax
- Payments to and from abroad can have GST and income-tax consequences. Take advice from your CA.
Compliance in India
The RBI and NPCI rules around international payments in India.
A plain-language guide to the frameworks that apply. It is general information, not legal advice, and not a statement of Paynancial's own licences or authorisations.
Cross-border Payment Aggregator (PA-CB) framework
Extends payment aggregator regulation to cross-border payments for the import and export of goods and services.
Payment and Settlement Systems Act, 2007
The law under which the Reserve Bank of India regulates and supervises payment systems in India. Operating a payment system requires RBI authorisation under this Act.
Know Your Customer (KYC) Direction
Customer due diligence obligations for RBI-regulated entities. Payment aggregators apply due diligence to the merchants they onboard.
Regulators update these rules by circular, so always check the current text at the source: Reserve Bank of India · NPCI. For Paynancial's own security and compliance posture, see the Trust Center.
Good practice
Getting it right.
- 01Confirm before you promise
Do not quote international payment terms to customers or suppliers until availability is confirmed.
- 02Keep flows separate
Report domestic and international payments separately so conversion never muddles your reconciliation.
- 03Get advice early
Speak to your CA before the first cross-border payment, not after.
FAQ
International Payments questions.
Does Paynancial support international payments?
Paynancial's published payout capability sends funds to bank accounts and UPI IDs. Countries, currencies, foreign exchange and cross-border availability are not published on this site, so ask our team about your requirements.
Which rules apply to cross-border payments from India?
Foreign exchange transactions by businesses in India are governed by the Foreign Exchange Management Act, 1999, with the Reserve Bank of India as the regulator. Cross-border remittances are generally routed through banks authorised to deal in foreign exchange.
What should I confirm before planning international payments?
The countries and currencies you need, whether you are paying out, collecting or both, how currency conversion is handled, and the fees, timelines and documents involved.
Do international payments have tax implications?
Payments to and from abroad can have GST and income-tax consequences. Take advice from your CA before the first cross-border payment.
Talk to us about international payments.
Tell us how your business takes and moves money, and we will show you how it fits.