INR
Currency · ISO INR

Indian rupee (INR) payouts

Real-time via UPI + IMPS on domestic beneficiary rails.

ISO code
INR
Symbol
Countries using
1
Settlement
Real-time

Indian rupee (INR) is a live payout currency on the KeyBS Pay platform. Real-time via UPI + IMPS on domestic beneficiary rails.

INR is the official currency in 1 country we route into, including India. Beneficiaries in these markets receive funds directly in INR, with settlement times reflecting the fastest eligible local rail.

Every INR payout carries the same operational guarantees: pre-quoted FX, no undisclosed intermediary-bank deductions on eligible local rails, KYB / KYC / sanctions screening, and an HMAC-signed webhook audit trail. Pricing is quote-based and shown in full before approval.

Corridor data

Corridor mechanics at a glance

Every KeyBS Pay payout follows the same operational contract; only the rail changes.

ISO 4217
INR
Symbol
Full name
Indian rupee
Central bank
Reserve Bank of India
Volatility
Moderate
Common pairs
USD/INR · EUR/INR · GBP/INR · AED/INR
Settlement routes
UPI, IMPS, NEFT, RTGS
Reach
1 country · supported for cross-border settlement
FX policy
Quote-based · rate locked at approval · no undisclosed spreads on eligible local rails
Compliance
KYB · KYC · Sanctions screening · AML review at file, batch and record level
Settlement
Real-time on eligible local rails · Same day on batch · T+0 to T+2 on wire
Stablecoin
USDC / USDT funding available on eligible business corridors through approved partners
Payment flow

How a INR payout moves through KeyBS Pay

Every payout follows the same seven-step operational contract regardless of source or destination currency.

Compliance screening
Every payout is screened against OFAC, UN, EU and UK HMT lists plus PEP databases and adverse-media feeds. Enhanced due diligence triggers on higher-value transactions, unusual patterns or elevated-risk destinations.
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Countries

Where INR is used

FAQ

Frequently asked questions

Can I send payouts in INR?

Yes. Indian rupee (INR) is a supported payout currency on KeyBS Pay. Real-time via UPI + IMPS on domestic beneficiary rails.

Which countries receive INR?

India.

What FX rate is used for INR?

Every FX rate is quoted and disclosed pre-approval. Rates are drawn from live market feeds and locked at approval; there are no undisclosed spreads on eligible local rails.

Are INR payouts real-time?

Where the beneficiary bank participates in an eligible real-time rail, INR payouts settle in seconds. Same-day and T+0 to T+2 windows apply for batch or correspondent-bank routes respectively.

What limits apply to INR payouts?

Limits are corridor- and rail-specific. Actual ceilings are shown pre-approval and depend on your KYB tier and destination compliance policy.

Do I need an account in INR to send it?

No. You can fund your KeyBS Pay balance in any supported source currency; FX to INR is handled by the platform.

Is INR available for stablecoin funding?

You can fund payouts using USDC or USDT on eligible business corridors, with the beneficiary receiving in INR. Retail stablecoin flows are excluded.

What compliance applies to INR payouts?

Every payout is screened against sanctions and AML watchlists at file, batch and record level. Higher-value INR transactions trigger enhanced due diligence.

How is INR pricing structured?

Pricing is quote-based: FX margin, processing fee and any partner deductions are shown in full before you approve the payout. No pricing surprises after execution.

Is INR supported via API?

Yes. Set "amount.currency": "INR" on POST /v1/payouts. Idempotency, webhooks and OpenAPI 3.1 documentation apply.

Can I receive INR at KeyBS Pay?

Collection accounts and virtual IBANs / VANs are corridor-specific. Contact sales to scope inbound INR collection eligibility for your business.

Are there weekend cutoffs for INR?

Real-time rails operate around the clock. Same-day and wire rails follow the local banking window; weekend cutoffs are shown at quote time.

Is INR a restricted currency?

Availability is subject to jurisdictional sanctions, export controls and destination-country regulations. Restricted routes are automatically screened out at the platform level.

Can I split a payout across multiple currencies?

Each payout carries a single beneficiary currency. Splits and multi-leg orchestration are supported at the API or file-batch level.

Do you provide INR reconciliation exports?

Yes. Per-currency, per-corridor and per-beneficiary reconciliation reports are available in the dashboard and via API export.

Ready when you are

Send Indian rupee through KeyBS Pay

INR pricing is quote-based and disclosed in full before you approve.