Frequently Asked Questions
FXNow is HDFC Bank's cross-border collection solution that helps businesses and individuals receive international payments in India. It allows overseas clients and payers to make local account transfers, making receiving payments from overseas simpler and more convenient.
FXNow can be used by individual freelancers, MSMEs, start-ups, exporters, business entities, and institutions with international collection requirements.
Yes. FXNow is designed for freelancers, MSMEs, start-ups, exporters, and institutions looking to receive payments from foreign clients and manage international collections efficiently.
Payments can be tracked in real time through an integrated dashboard that provides visibility into balances, pending payments, and transaction history.
Eligible collections can be settled on a T+1 basis, as per the applicable process and terms.
Yes. FXNow offers support for the regularisation of eligible export bills related to goods and offsite software.
