Whats the best/fast way to receive funds from Australia?

Hi there..

I have a team with whom Im working and going to work for a long time now.
They are based in Australia and Im in India.

So, whats the best way to receive funds ??

Paypal is f**king shit, as it deducted around 150$ for a 3000 USD money sent to me. SUCH A PAIN!!

Western Union doesnt work good for them.

ANy idea, what is best and very less taxes ??

How is Wire Transfer ?
Is it without service taxes ?

I had once received a 500 USD via Wire Transfer to my HDFC account, but it took like a week to get credited and also just a small charge of 100 INR.

So, is Wire Transfer the only best way ??

But problem is, it waits you for a long time.
I dont know,what to do now.

Can anyone suggest please ?
Im losing a big money feeding Paypal holes.

 

All you mean is free of cost, in the real time, then a pigeon works well




kidding..

 

A wire transfer is only going to cost them A$20 to A$30 depending on which bank they use, regardless of the amount of money being sent.
You should receive their payment in 2 to 3 business days. Your bank is going to deduct some fees (but they shouldn't be that high).

Are you going to invoice them before you receive the money?

 

I never said, I need it for free of cost.

Yes, I will be invoicing. And that much fee is fine. So, they have to goto the bank or they can do it online ?

 

They can do it online. All Aussie banks offer online wire transfer payments. And online wire transfers are generally cheaper than when going in a branch to send the money.

Just make sure you give them your details (bank account number, and the SWIFT code (very important)).

 

Wire transfer probably is the best choice for you. Or person could send money in standard envelope like a letter

 

If a person sends you 3K,you should pay $150 ?
Who says? Click here plz,You should pay 3000*2.9% + $0.30 USD

 

use paypal with " Payment owned " feature. nothing will be deducted frm ur account. u will get full amount

 

" Payment owned "? you meant send the money as "gifts"??

 

I thinks wire transfer is the only best option for you to receive money from Australia, as you have tried all the other methods, so switch to wire transfer only no matter it takes some time but its safe and cheap way.

 

yes. sending money as gift or owned dont charge in receiver account

 

I also receive money from Australia via Western union and it's good easy and safe for me.
You can take the payments as "Personal payment" via paypal if the buyer is ok to pay the paypal fees. Sending payments as gift is not good every time
Thanks
PHyza

 

It's $3K,not $30...I think it's risky.

 

Western union and wire transfer both are good and fast way to do that