Doubts related to maximum account balance & international payments

Hello,

I am a freelancer and I get payments from US and UK. Can I receive them in my NiyoX account?

Also, there’s a cap of ₹1,00,000 on PayTM Payments Bank. Do we have a cap on maximum account balance in NiyoX as well?

Thanks!
Abhijeet Saxena

1 Like

Hey Abhijeet! Welcome to the Niyo Community!
Yes, we do allow International inward remittances, for full KYC account. The remitter should specify the following details in wire transfer request:

a. Beneficiary Bank Name – Indusind Bank.

b. Beneficiary Bank Swift Code – INDBINBBGRD.

c. Purpose field should specify as “Towards family maintenance and savings (or) Personal gifts (or) Compensation of employees/ Salary”; Equitas Bank account # & IFSC.

Also, once you complete the Biometric verification is complete, there’s no such capping on the account. LK