| Currency Name |
|---|
| United Arab Emirates Dirham |
| Australian Dollar |
| Canadian Dollar |
| Swiss Franc |
| Chinese Yuan Renminbi |
| European Euro |
| Pound Sterling |
| Hong Kong Dollar |
| Japanese Yen |
| Norwegian Krone |
| New Zeland Dollar |
| Qatari Riyal |
| Saudi Arabian Riyal |
| Singapore Dollar |
| Thai Baht |
| United States Dollar |
| South African Rand |
Global Collections allows your customers to pay for your products in their native currency and the amount is settled to your account in EUR. Cashfree Payments handles the currency conversion and other hassles.
What is Foreign Inward Remittance?
Foreign inward remittance refers to the transfer of money to Ireland from anywhere outside Ireland. For example, when you receive money in your regional bank account from a business or an individual abroad, it is called foreign inward remittance.
For what kind of transactions can I use Global Collections accounts?
If you are selling goods or services outside of India and have an invoice value of up to USD 10,000, you can use global collection accounts. The payer can be an individual or a business as the case may be, as long as payment is for the sale of goods or for the rendering of service(s).