Payoneer provides an excellent solution for Indian residents, providing you with a local bank transfer service. This means that we send your payments from a local bank in India, in INR. Our conversion rates are among the best available, being only up to 3% above the official market mid-rate at the time of transfer.
We charge only $5.95 per transfer to your bank account, and there are no other costs associated with the service. If you'd like to send me an e-mail with your payment reference number (or account e-mail address) I'd be happy to look further into your most recent payment.
Nissim | Head of Community at Payoneer | www.payoneer.com