USD holding options for Indians?

Discussion in 'Payment Processing' started by alan1111, Jul 3, 2012.

  1. #1
    Hi,

    I may be receiving some payment in USD from my website sales. If I use paypal (india) they will directly convert and transfer to my Indian bank account in INR, which proves very costly (they charge 4% conversion fees as I understand)
    Since I have to make payments to my US vendors, what are the workarounds for that?

    1. Can I get any kind of USD bank account in US
    2. Can I open an paypal US account from India?
    3. Is there any other gateway provider who can pay USD directly to my Indian resident USD account, without levying conversion charges?

    Any inputs would be greatly appreciated.

    Regards,
    Alan
     
    alan1111, Jul 3, 2012 IP