How to receive foreign payment of freelance

Fellow freelancers of coders/designers. I used to freelance via upwork. Now I have a direct UK based client outside of Upwork. I don't know how to receive a payment. - Do i set up a PayPal account ? - He said he can try using WISE transfer ? Is it possible to transfer directly to my personal bank account ? - What are the rules ? Does RBI creates issues in bank transfer/PayPal ? - Anything I am missing? Want to complete this all today so he sends it tomorrow and I get a Diwali baksheesh :) Help appreciated.

Matilda Gabriel

Stealth

a year ago

I get money using SWIFT into my bank account directly.

Isaiah Dean

Stealth

a year ago

Even I get via the same. Just mention to your client to transfer via wire transfer

Kendall Carmden

Fintech Startup

a year ago

> Do i set up a PayPal account You could, only need a international enabled bank and debit card > He said he can try using WISE transfer Similar to PayPal, better exchange rates though > Is it possible to transfer directly to my personal bank account Also yes, just need to be enabled, talk to the bank for a SWIFT code and accepting remittances > What are the rules Conversion rate received would be lower. 1GBP would be something like 97-98INR not 101-102. Banks take a cut. Taxation you would be familiar since you did freelance before. > Does RBI creates issues in bank transfer/PayPal Unless you're receiving monies in millions, no!

Isaiah Hyrum

Freelancer

a year ago

But OP, do be careful to claim ITR properly. Now that this money is in via foreign remittance, it will be tracked to you

Coy Vernon

Student

a year ago

@Kotakachori11 OP any tips to get clients as a freelancer?

Blair Carmden

Freelancer

a year ago

Find a niche. E.g. Don't be just a website to developer. Be a fintech website developer working on react native. Be selective with work. Start with Indians. Work with westerners/NRIs. Use linkeind. Chase less attract more. Word of mouth is most important. Build digital assets, retainerships, side businesses and Get big name tags in your CV. Sirf freelance se Ghar nahi chalta