Best way to receive euros in India

Olayoyin Olorunmota

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I remember watching the movie “3 Idiots” as a kid. It was my first introduction to Bollywood. Since then, my Bollywood movie resume has seesawed between action movies with nearly unbelievable fight scenes and romance movies with smooth, perfectly choreographed dance scenes.

Now, if I wanted to send my favourite Bollywood actor some money (for being so great on-screen), how would we find a solution that’s quick and effective?

This is a problem that many Indian freelancers and remote workers have faced for a long time. Dealing with traditional banking systems can be slow, expensive, and frustrating.

In the next few paragraphs, I’ll show you how to receive euros in India seamlessly, safely, and without burning through your earnings.

Also read: How to receive payments from Toptal in India in 2025

Why would you need to receive euros in India?

There are many situations where receiving EUR transfers is essential. Maybe you’re:

  • A freelancer offering design, tech, or content services to European clients.
  • A digital nomad temporarily based in India but earning in euros.
  • A business owner working with suppliers or customers across the EU.

In all of these cases, you need a fast, affordable, and reliable method to handle your money without the usual bank drama, delays, or hidden fees.

Also read: Cheapest way to send money from Egypt to India

What are the challenges when receiving traditional euro transfers in India?

Receiving euros through traditional banks can be a nightmare. Here's why:

  • Poor exchange rates: Banks often add hidden markups, meaning you lose value during conversion.
  • High transaction fees: Wire transfers can cost up to €30 or more on both ends.
  • Slow processing: Transfers may take 3–5 business days, especially across time zones and bank holidays.
  • Lack of transparency: The real exchange rate or fee breakdown is unknown.
  • Complicated setup: Opening a euro-receiving account in India often requires documentation, branch visits, and lots of waiting.

For freelancers, remote workers, or entrepreneurs, these issues can seriously slow you down. Fortunately, there’s a better way.

What makes Grey the best option for euro transactions in India?

Grey offers a digital-first experience with flexibility, speed, and ease at the forefront. Here’s what makes Grey stand out:

  • Multi-currency support: With Grey, you get virtual bank accounts in EUR, USD, and GBP. That means you can receive euros directly into your account.
  • No surprise fees: What you see is what you get. Grey shows you the fee breakdown upfront, with no hidden charges.
  • User-friendly experience: Everything happens on the app or website. There’s no need to visit a branch or fill out stacks of paperwork.

Also read: Best summer destinations in India for international travellers

How can you receive euros in India with Grey?

If you're in India or working with clients in the EU, using Grey is super simple:

  1. Create a Grey account: Head to Grey’s website or download the app and sign up.
  2. Verify your identity: Upload a government-issued ID and proof of address to complete KYC (Know Your Customer).
  3. Generate your EUR account details: Once verified, you’ll be able to generate a EUR account.
  4. Share your account details with clients or platforms: Simply plug in your Grey banking details to platforms like Upwork and Fiverr, or share them with European clients to start receiving payments.

What’s the best way to handle euros in India today?

Gone are the days when you had to rely on expensive bank transfers and unpredictable exchange rates. With Grey, receiving euros in India is fast, affordable, and stress-free.

Create your Grey account today or download the app to enjoy inclusive global banking, designed to carry your dreams across borders.

Open a free Grey account to get startedJoin 1 million digital nomads

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