India has emerged as a key player in the global business landscape. With its rapidly growing digital economy, projected to reach $I Trillion, India is becoming home to community of expats, freelancers, and digital nomads, all of whom prioritise seamless global transactions.

With Grey, there's now easy  access to US, UK, and EU accounts  simplifying cross-border payments and transactions.

In this guide, we explore the benefits of these accounts, who they're for, and how to verify your Grey account from India.

Also read: How non-US citizens can open a US bank account online

Why open US, UK, and EU accounts in India?

• Lower exchange fees: Managing multiple currencies in India often comes with   high conversion fees. Having a US, UK, or Euro account helps minimise these charges, allowing you to maximise your earnings.
• Simplify international payments: India’s strategic importance and growing global workforce make it a hub for cross-border business. With US, GBP, or EU accounts, you can enjoy faster and more convenient transactions with international clients and partners, free from delays or hidden charges.
• Access global opportunities: Whether you're a remote workers or digital nomad, having a  US, UK, or EU bank account opens doors to international clients, allowsingyou  take advantage of global job opportunities and effectively manage your finances.
• Expand business reach: Entrepreneurs and freelancers in India often collaborate with international clients who prefer payments in currencies like USD, GBP, or EUR. These accounts make it easier to serve  clients, fostering professional growth and credibility.

Who benefits from US, UK, and EU accounts in India?

• Freelancers and remote workers: India’s growing gig economy, especially in aread like tech, marketing, and creative industries, relies on smooth cross-border payments. These accounts help avoid conversion fees and delays, making transactions smoother.
• Business owners: Small businesses in India that engage in international trade can benefit from multi-currency accounts. These accounts simplify payments, invoicing, and currency management, allowing businesses to operate more seamlessly.
• Digital nomads: With US, UK, or EU accounts, digital nomads in India can easily manage their global earnings and expenses while enjoying the flexibility of working from anywhere.

Also read: Top 8 digital nomad cities for remote workers in Southeast Asia

How to open a Grey account

Opening a Grey account is straightforward and can be done in minutes.

• First, visit grey.co on your browser and sign up by creating an account with your email.

• Then follow the prompts and ensure you enter your correct details for a seamless setup.

• Next, you’ll need to verify your identity — a crucial step for meeting regulatory requirements. This process is particularly important for non-U.S. residents, as Grey specialises in providing accounts for individuals outside the United States.

Verification process for India

1. Prepare your documents: Provide a valid government-issued ID (e.g., passport, Aadhaar card) and proof of address (e.g., utility bill, rental agreement, or bank statement).
2. Upload your documents: Submit your documents through the Grey platform. Ensure they are clear and up-to-date for quicker approval. Grey reviews and approves your account within minutes or up to 24 hours.

Take control of your global finances today—open your free Grey account now.

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