Payments & Finance

Payment methods, banking codes, forex, personal finance

Best Term Insurance Plan in India 2025: A Comprehensive Guide by EximPe
October 24, 2025
Miscellaneous Finance

Best Term Insurance Plan in India 2025: A Comprehensive Guide by EximPe

In 2025, carrying out financial planning for your family is important, and term insurance is still the most hassle-free and cheap method of insuring against uncertainties. This guide by Eximpe compares the 10 best term insurance companies in India and helps you to make the right choice as per your requirements. What is Term Insurance, and Why is it Essential? Term insurance is just a risk cover life insurance product that pays a stated sum of benefits to the nominee in case of the policyholde

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Best Zero Forex Markup Credit Cards in India (2025 Comparison)
October 24, 2025
Banking & Payments

Best Zero Forex Markup Credit Cards in India (2025 Comparison)

When you often make international payments, or travel frequently abroad, on the payoff of the credit cards you might have to incur quite a number of expenses in adding forex markup fees. This is where zero forex markup credit cards enter because these cards will enable you to save 3-3.5 percent which is normally imposed by the standard cards. The comparison of the best zero forex markup credit cards in India in 2025 and their features, annual fee, and which one is ideal to use is presented belo

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How SWIFT Codes Work in International Banking
October 24, 2025
Banking & Payments

How SWIFT Codes Work in International Banking

In the modern globalized economy, international banking is the linchpin of cross-border trade and investment. At the core of this process is a key element: the SWIFT code. For businesses such as EximPe, which facilitate export-import payments and enable businesses to grow globally, knowing how SWIFT codes-and their close relative, the SWIFT BIC function, work is vital to ensure smooth, secure, and efficient transactions. What is a SWIFT Code? A SWIFT code sometimes called a SWIFT BIC code or

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How to Find the SWIFT Code for Your Bank
October 24, 2025
Banking & Payments

How to Find the SWIFT Code for Your Bank

Planning to send or receive money from abroad? You must know your bank's SWIFT code. This unique identifier—also called a SWIFT BIC for Bank Identifier Code—makes certain that your funds go to the right place overseas. At Eximpe, we know that getting your international transaction to function properly is job one. So here's a quick, practical guide to making sure you know your bank's SWIFT code and using it correctly. What is a SWIFT Code? A SWIFT code is an international financial code used t

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Is a Zero Forex Markup Credit Card Worth It? Pros, Cons, and Alternatives
October 24, 2025
Banking & Payments

Is a Zero Forex Markup Credit Card Worth It? Pros, Cons, and Alternatives

Travelling frequently overseas, using foreign websites to make shopping purchases or paying using a foreign currency are some of the very common situations you may have encountered requirements of zero forex markup credit cards being a leading solution which can save on forex markup charges. However, is a zero forex markup credit card worth it to all people? This article by EximPe breaks down how these cards work, their advantages and disadvantages, and practical alternatives to save on forex c

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How Long Does a SWIFT Transfer Take in India?
October 24, 2025
Banking & Payments

How Long Does a SWIFT Transfer Take in India?

The most likely concern that pops up when one is in the process of sending or receiving money overseas is how long it takes before the funds can be received. For SWIFT transfers (Society for Worldwide Interbank Financial Telecommunication), which are the backbone of most international bank-to-bank transfers, the answer isn't always instant. While the SWIFT network is known for its security and global reach, the swift transfer time to and from India can vary. Understanding the typical timeframe

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Fees and Charges Involved in Using SWIFT for International Transfers
October 24, 2025
Banking & Payments

Fees and Charges Involved in Using SWIFT for International Transfers

When you incur the cost of sending or receiving an international money transfer on the SWIFT network, you simply think that there is only a single cost that is simple. However, the reality of SWIFT transfer charges can be more complex, involving multiple layers of costs that can sometimes reduce the final amount received. Understanding these various SWIFT transfer fees is crucial for managing your finances and avoiding unexpected deductions. This guide by EximPe will break down the different ty

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What is Forex Markup Fee? Meaning, Charges & How to Avoid It
October 24, 2025
Banking & Payments

What is Forex Markup Fee? Meaning, Charges & How to Avoid It

Having been an account user, you may have observed the insertion of an extra forex markups fee on the statements when utilizing your debit or credit card card and in a foreign country and when incurring an international payment. But what is forex markup fee and why do we get charged such? This article by EximPe will explain what forex markup fee means, how it works, typical rates in India, and practical ways to reduce or avoid these extra charges on your international transactions. What is Fo

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HDFC, SBI, Axis, ICICI Bank Numbers: All You Need to Know
October 24, 2025
Banking & Payments

HDFC, SBI, Axis, ICICI Bank Numbers: All You Need to Know

If you’ve been asked for an IBAN number when sending or receiving money internationally from India, you might be confused. India does not use IBAN domestically, but banks like HDFC, SBI, ICICI, Axis, Federal Bank, Canara Bank, Bank of Baroda, and Indian Bank still provide internationally accepted formats for transfers. This guide will clarify whether Indian banks have IBAN numbers, what to use instead, and how to find the details for major banks in India. What Is an IBAN and Why Is It Not Use

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How to Send and Receive International Payments in India: Best Methods and Platforms
October 27, 2025
blog

How to Send and Receive International Payments in India: Best Methods and Platforms

With the global economy as it is today, a business and even an individual, an exporter dealing with foreign clients or an individual who receives remittances from their family living abroad definitely needs to understand the mechanism behind international payments. This article aims to lead you through some of the methods you may use for sending and receiving international payments in India while highlighting efficient money transfer services serving your requirements. Understanding Internatio

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How to Receive Payment from Buyers and Ways of Securing Them
October 27, 2025
Banking & Payments

How to Receive Payment from Buyers and Ways of Securing Them

The proper reception of payment in international trade, which will determine if your business will be a success or failure in the fast-growing world of international trade, is a critical aspect. Secure payment processing not only guarantees the protection of your revenue but also injects trust in your customers. This article details various payment methods applied to businesses and effective strategies for securing such payments. Understanding Payment Methods The payment methods through which

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Tips to Save Fees with Cross-Border Payments
October 27, 2025
Banking & Payments

Tips to Save Fees with Cross-Border Payments

Enterprises today run cross-border payments to partners in various parts of the world, and this is where Wire transfer comes into play. Unfortunately, although they are responsible for helping to grow your market reach, they can also cut into profits. Check out this link for practical advice on how to save fees on a cross-border payment platform. Understanding Cross-Border Payments Cross-border payments are payment transactions by which money is passed from an account in a country to an accou

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How to Find IFSC Code Online & Offline of Your Bank Branch
October 28, 2025
Banking & Payments

How to Find IFSC Code Online & Offline of Your Bank Branch

What is an IFSC Code? The IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code assigned by the Reserve Bank of India (RBI) to every bank branch in India. It's a crucial identifier for electronic fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). The code is made up of three parts: * The first four characters represent the bank name. * The fifth character is always a zero (0), reser

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IBAN Number vs Account Number: Key Differences You Should Know
October 28, 2025
Banking & Payments

IBAN Number vs Account Number: Key Differences You Should Know

If you’ve ever made an international bank transfer, you’ve probably been asked for your IBAN number. This often leads to the question: Is IBAN the same as an account number? The short answer is no—while an account number is part of your IBAN, the two are not the same. This guide will explain IBAN vs account number in detail, their uses, formats, and why you need to know the difference for secure and successful transactions. What Is an Account Number? An account number is a unique identifier

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Optimizing Cash Flow: The Benefits of Bill Discounting Under Letters of Credit
October 28, 2025
Banking & Payments

Optimizing Cash Flow: The Benefits of Bill Discounting Under Letters of Credit

Cash flow management is crucial to keeping up with the pace of international trade. One financial tool that exporting can use to leverage its cash flow would be bill discounting under LC (Letters of Credit). This article will delve into how the method works and the benefits it offers to businesses involved in cross-border transactions. Understanding Bill Discounting Under LC Bill discounting under LC is one of the financing facilities available to banks from an exporter for a Letter of Credit

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A Complete Guide to International Client Communication and Payment Terms
October 28, 2025
Banking & Payments

A Complete Guide to International Client Communication and Payment Terms

Effective communication with international clients is the need of the hour for businesses in an increasingly interconnected global marketplace, especially for businesses based in India. This guide will explore best practices for international client communication and outline key payment terms to facilitate smooth transactions. Understanding Cultural Nuances Cultural Sensitivity When communicating with international clients, understanding cultural differences is crucial. Each country has its

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Are SWIFT Transfers Safe? Security Measures You Should Know
October 29, 2025
Banking & Payments

Are SWIFT Transfers Safe? Security Measures You Should Know

In the era of the growing globalization in the world, the need to send and obtain the money across the international borders is a well-known financial request of businesses and individuals. Among the various methods available, the SWIFT transfer (Society for Worldwide Interbank Financial Telecommunication) stands out as one of the most widely used systems for international money transfers. But with any financial transaction, especially large cross-border ones, a natural question arises: "Are SWI

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What is Purpose Code in Banking? Meaning, Importance, and RBI Rules
October 29, 2025
Banking & Payments

What is Purpose Code in Banking? Meaning, Importance, and RBI Rules

In today's interconnected world, international money transfers are a daily reality for millions of people and businesses. Whether you're a freelancer receiving payment from a foreign client, a parent sending money for a child's education abroad, or a business importing goods, a simple bank transfer isn't enough. Every international transaction to or from India requires a critical piece of information known as a purpose code. If you've ever filled out an international remittance form and been as

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List of Major Banks and Their SWIFT Codes in India
October 29, 2025
Miscellaneous Finance

List of Major Banks and Their SWIFT Codes in India

Having the exact SWIFT code is very important for people dealing with international trade and even individuals making international money transfers. Accurate international transactions depend on information accuracy. At EximPe, we have compiled a detailed guide that includes the SWIFT codes of major Indian banks like HDFC Bank, State Bank of India, Bank of Baroda, ICICI Bank and Axis Bank. What is a SWIFT Code? Each of the banks owns a unique SWIFT code, and each bank branch will also possess

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How to Find Your IBAN Number: Step-by-Step Guide for Bank Customers
October 29, 2025
Banking & Payments

How to Find Your IBAN Number: Step-by-Step Guide for Bank Customers

If you’re sending or receiving money internationally, you might be asked for your IBAN number. Many customers are unsure where to find it or how it’s generated from their account details. This guide will show you how to find your IBAN number, how to get it from your account number, and where to look depending on your bank and country. What Is an IBAN Number? IBAN stands for International Bank Account Number. It’s a globally standardized format for bank account identification that helps proce

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How SWIFT Codes Are Used in India's Banking System
October 29, 2025
Banking & Payments

How SWIFT Codes Are Used in India's Banking System

In the new global economy, international payments are the fuel for cross-border trade and investment. The SWIFT Code or SWIFT Bank Code are the same and are used to transfer and receive funds from one bank to another bank and from one country to another country. A digital-first payments platform, EximPe leverages the SWIFT network to offer Indian exporters and importers fast, compliant, and frictionless global transactions. What Is a SWIFT Code? You can regard this as the 'postal code' for ba

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Building Your First International Portfolio: What Global Clients Want to See
October 29, 2025
Banking & Payments

Building Your First International Portfolio: What Global Clients Want to See

An international portfolio is rewarding for any Indian investor who seeks to diversify his investments and tap into the global market. The bottom line for such success, however, lies in understanding what the global clients want to see in these portfolios. This blog post delves into some key elements that would be important while building your first international portfolio, especially for Indian investors. Understanding Global Investment Trends Global Market Dynamics The beauty of investing

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Budgeting Tips for Freelancers Earning in Multiple Currencies
October 29, 2025
Miscellaneous Finance

Budgeting Tips for Freelancers Earning in Multiple Currencies

Budgeting when a freelancer who makes money in various currencies can be rewarding but challenging. As work becomes more globalized, several freelancers now have to manage different sources of income in diverse currencies. This blog has set out to give practical budgeting advice geared specifically towards Indian freelancers making money in multiple currencies and included relevant EximPe tips for users. Understanding the Multi-Currency Landscape Freelancers often receive payments in differen

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RBI's New ATM Transaction Rules Take Effect from May 1: Charges, Revised Limits – All You Need to Know
October 29, 2025
Financial News & Current Affairs

RBI's New ATM Transaction Rules Take Effect from May 1: Charges, Revised Limits – All You Need to Know

The Reserve Bank of India (RBI) has made major changes to the rules for ATM transactions, which are to be implemented from May 1, 2025. These changes are part of the RBI initiatives to make banking transparent and operationally sustainable within the country and affect millions of customers in India. According to the latest RBI news today, both the charges and the free limitations on transactions have been updated, and the customers and businesses at Eximpe should keep up with the changes and ad

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Commercial Invoice vs Proforma Invoice: What’s the Difference in Exports?
October 29, 2025
Banking & Payments

Commercial Invoice vs Proforma Invoice: What’s the Difference in Exports?

International trade is a world full of the paper work. Two documents that leave exporters and importers baffled in most cases are commercial invoices and proforma invoices; which are part of the essential documents. The two are involved in the exportation processes- but they vary much in what they accomplish, when they do this, and whether they are legal or not. This article describes the difference between commercial and proforma invoices, it describes their usage along with a good example of

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Proforma Invoice vs Tax Invoice: Which One Do You Need and When?
October 29, 2025
Banking & Payments

Proforma Invoice vs Tax Invoice: Which One Do You Need and When?

In the world of business, invoices are more than just bills—they’re documentation, communication, and compliance tools. But not all invoices serve the same purpose. Two commonly used types are the proforma invoice and the tax invoice. So, what’s the difference between a proforma invoice and a tax invoice, and how do you know which one to use? This guide by EximPe breaks down the purpose, timing, legal weight, and usage scenarios for each. What Is a Proforma Invoice? A proforma invoice is a p

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How can I transfer money from India to another country?
October 29, 2025
Banking & Payments

How can I transfer money from India to another country?

Transfer of money from India to any other country is now seamless and transparent with digital advancement and clarity of regulations. If you are in the process of sending money to support your family, shell out for overseas education, or handle business payments, then knowing the best ways of sending money abroad will help you to save in fees and secure the funds. Here is a complete real-time guide that will help you find your way around international money transfers in India. How to Send Mon

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How to Find Your UTR Number for Bank Transactions
October 30, 2025
Banking & Payments

How to Find Your UTR Number for Bank Transactions

When you make an electronic fund transfer in India, like NEFT, RTGS, IMPS, or UPI, a UTR number (Unique Transaction Reference number) is created for that transaction. This alphanumeric code is important because it helps you track, verify, and fix issues related to your transaction. Many people wonder how to find their UTR number. This guide by EximPe will answer that question and more in an easy-to-understand way. What is a UTR Number in Bank Transactions? A UTR number is a unique identifier

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What is IFSC Code? Full Form, Meaning, and Importance in Banking
October 30, 2025
Banking & Payments

What is IFSC Code? Full Form, Meaning, and Importance in Banking

In the age of digital banking, transferring money has become a seamless, everyday task. But behind every successful online transaction is a crucial piece of information that ensures your funds reach the right destination: the IFSC Code. For many, this 11-character code is just a required field they copy-paste from a bank passbook or website. But understanding what is IFSC code and why it's so important can help you avoid errors and better navigate the world of digital finance. This comprehensi

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India's GDP Doubles in a Decade: A New Era for the World's Fastest-Growing Major Economy
October 30, 2025
Financial News & Current Affairs

India's GDP Doubles in a Decade: A New Era for the World's Fastest-Growing Major Economy

A historical turning point in the economy in India is 2025. According to the International Monetary Fund (IMF), India's GDP has doubled over the last decade from 2.1 trillion to 4.27 trillion by the year 2025. This astonishing 105% growth is not just a matter of statistical milestone; this is a tribute to the robustness, prowess, and vivacity of the Indian economy. India GDP Growth Rate: Leading the Global Pack Amid an economic world that experiences slumps and constant uncertainties, India s

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Why Health Insurance is More Important Than Ever in 2025
October 30, 2025
Miscellaneous Finance

Why Health Insurance is More Important Than Ever in 2025

In 2025, because of how rapidly healthcare, costs and lifestyles have changed, health insurance holds greater significance. We at Eximpe feel it is vital for all individuals and families to understand why health insurance matters in an uncertain world where money and peace of mind are important. Rising Medical Costs and Financial Security The cost of healthcare is increasing faster than inflation for the rest of the economy. You could end up spending a lot of your own money during a standard

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What Is Health Insurance: Meaning, Benefits & Types
October 30, 2025
Miscellaneous Finance

What Is Health Insurance: Meaning, Benefits & Types

With everything happening so quickly today, surprises in medical bills can mess up your planned spending. Having health insurance means you won’t face excessive costs when your family needs medical help. At Eximpe, we feel it is important for you to understand health insurance because that knowledge helps you look after your health and wealth. What Is Health Insurance? Health insurance is funding set aside for your medical costs when you get sick or have an accident. Regular payments toward y

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Are You a Small Business Owner? Check If You Qualify for an MSME Loan
October 30, 2025
Banking & Payments

Are You a Small Business Owner? Check If You Qualify for an MSME Loan

If you intend to either grow your business or stabilise it, an MSME loan can offer the financial help you need. Eximpe understands the challenges businesses face, which is why we are here to review your eligibility for an MSME business loan in 2025. What is an MSME Loan? A loan for an MSME is made with Micro, Small or Medium Enterprises in mind. These loans help companies in manufacturing, trading, or services to meet their daily working needs, purchase equipment, or expand operations. Startu

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What is a Home Loan? Meaning, Benefits, Types, and Features
October 30, 2025
Miscellaneous Finance

What is a Home Loan? Meaning, Benefits, Types, and Features

A home loan is sometimes the solution that lets many people make their dream of owning a home a reality. Check out this guide to learn about the details of a home loan, including its pros, types, features, and how to determine your future borrowing capacity. What is a Home Loan? Banks or financial institutions offer home loans to anyone who wants to buy, build, or renovate a house. While you have an outstanding loan, the house is used as security until the loan is repaid. Generally, to repay

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Are the IFSC and SWIFT Codes the Same? What You Need to Know
October 30, 2025
Banking & Payments

Are the IFSC and SWIFT Codes the Same? What You Need to Know

Understanding the mechanisms of international fund transfers is important both for the individual and for business purposes in today's interconnected world.  When you navigate the complex procedures involved in sending money across borders or receiving money across borders, you may encounter terms like IFSC Code and SWIFT Code. Although both are identifiers for financial transactions, they are not the same thing. Let's differentiate these codes, the specific uses for them, and what you should kn

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Best Digital Wallets for International Freelancers: Pros and Cons
October 30, 2025
Banking & Payments

Best Digital Wallets for International Freelancers: Pros and Cons

In today’s globalized economy, international freelancers need efficient, secure, and cost-effective digital wallets to manage payments across borders. For Indian freelancers, choosing the right wallet is critical to minimize transaction fees, handle multiple currencies, and ensure seamless transfers. This blog explores the best digital wallets available in 2025, their pros and cons, and how EximPe stands out as a solution tailored for Indian users. Wise (Formerly TransferWise) Best For: Low-c

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How to Create Professional International Invoices That Get Paid Fast
October 30, 2025
Banking & Payments

How to Create Professional International Invoices That Get Paid Fast

A business requires international professional invoices to get paid on time. Suppose the business operates in an international marketplace. In that case, it becomes important to learn how to write a proper invoice, which helps them pay digitally or e-invoice their transactions, making their cash flow and payment process more streamlined. This is a guide specifically for Indian businesses, providing an invoice that looks professional but facilitates quicker payments. Understanding the Basics of

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What Is an IBAN Number? Meaning, Structure, and Uses in International Banking
October 30, 2025
Banking & Payments

What Is an IBAN Number? Meaning, Structure, and Uses in International Banking

If you’ve ever sent or received money internationally, you might have been asked for your IBAN number. For many, this sparks confusion—especially in countries where IBAN isn’t part of domestic banking. This guide by EximPe explains what an IBAN number means, why it exists, how it’s structured, and how it’s used in cross-border banking. We’ll also cover its relevance in India. What Does IBAN Number Mean? IBAN stands for International Bank Account Number. It’s a standardized way of identifying

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The Ultimate Guide to Currency Conversion: Everything You Need to Know
October 30, 2025
Banking & Payments

The Ultimate Guide to Currency Conversion: Everything You Need to Know

These days, currency conversion plays an important role in trading internationally, going on business trips, and buying anything online. Nobody expects to be ripped off when they exchange money while doing international transactions, be it business or personal, such as moving to another country as an expatriate, shopping online or importing and exporting goods or services. As for anyone who's ever tried it themselves, EximPe has made currency conversion as simple, efficient, and inexpensive as i

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What is a Proforma Invoice? Meaning, Purpose, and Use in Exports
October 30, 2025
Banking & Payments

What is a Proforma Invoice? Meaning, Purpose, and Use in Exports

A proforma invoice is a preliminary bill of sale sent to a buyer before a transaction is completed. It outlines the details of the proposed sale—including the products or services, quantities, value, delivery information, and payment terms—but it’s not a legally binding document or a formal demand for payment. “Pro forma” is Latin for “for the sake of form.” This guide by EximPe serves as an estimated invoice or quote, establishing the seller’s intent and detailing what the buyer should expect

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Is IFSC and SWIFT Code the Same? Know the Key Differences
October 30, 2025
Banking & Payments

Is IFSC and SWIFT Code the Same? Know the Key Differences

Whether in the banking or the financial world, you find almost all the time where you have a myriad of codes meant to ease the conducting of transactions and secure them as well. Two of such codes, the Indian Financial System Code (IFSC) and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) Code are common. While both serve to identify banks, a common misconception is that "is IFSC and SWIFT code same?" And the short response is that no, they are not. Understanding the dis

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LRS Full Form and Meaning: Complete Guide to Liberalised Remittance Scheme
December 2, 2025
blog

LRS Full Form and Meaning: Complete Guide to Liberalised Remittance Scheme

In today’s globalized world, Indian residents often need to send money abroad—whether for education, travel, medical expenses, or investments. To regulate and simplify outward remittances, the Reserve Bank of India (RBI) introduced the Liberalised Remittance Scheme (LRS). But many people still ask: What is LRS? What is LRS in banking? How much money can I send abroad under LRS? This guide provides a complete understanding of LRS—its full form, meaning, rules, limits, and usage—to help individu

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Understanding the New Income Tax Slabs for FY 2025-26: What You Need to Know
December 2, 2025
blog

Understanding the New Income Tax Slabs for FY 2025-26: What You Need to Know

India's income tax system has seen substantial changes as a result of the Union Budget 2025–2026, most notably the "new tax regime." Every taxpayer must understand these changes as we enter the Financial Year 2025–26 (Assessment Year 2026–27) in order to efficiently manage their finances and minimize their tax obligations. This thorough guide will explain the new income tax slab rates, contrast them with the previous system, and highlight significant changes that may affect your tax-saving tacti

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Maximize Savings Under the Revised Income Tax Regime 2025-26
December 3, 2025
blog

Maximize Savings Under the Revised Income Tax Regime 2025-26

The Indian income tax landscape has been steadily evolving, with the "New Tax Regime" gaining prominence, especially after the significant revisions in Budget 2023, which continue into FY 2025-26 (Assessment Year 2026-27). This simplified regime, now the default choice, offers lower tax rates but fewer deductions and exemptions compared to the traditional Old Tax Regime. For many taxpayers, understanding how to maximize savings within this new framework can be a challenge. If you've opted for (

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NEFT, RTGS, IMPS, UPI: How UTR Number Works in Different Payment Modes
October 24, 2025
Banking & Payments

NEFT, RTGS, IMPS, UPI: How UTR Number Works in Different Payment Modes

Once you wire money in India, there is a special reference number known as UTR number (Unique Transaction references number) that is assigned to each money transfer. This figure helps in monitoring, confirming and settling matters with regard to payments. However the UTR number differs by a small margin based on the mode of payment be it NEFT, RTGS, IMPS, or UPI. Through this guide from EximPe, you will know how the UTR number works in each mode of payment and how you can check it on the trendy

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What is UTR Number in Banking? Full Form and Meaning Explained
October 30, 2025
Banking & Payments

What is UTR Number in Banking? Full Form and Meaning Explained

Banking today relies on secure, traceable transactions. Whether you are transferring money online or receiving payments, you will often see the term UTR number. But what does it mean, and why is it important? This guide by EximPe explains the full form, significance, and uses of UTR numbers in Indian banking, making the concept easy for everyone to understand. What Does UTR Number Mean? The UTR number is an alphanumeric code generated for each electronic fund transfer within India’s banking s

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Why Is Indian Rupee Falling Against Chinese Yuan? [Complete Analysis]
January 29, 2026
blog

Why Is Indian Rupee Falling Against Chinese Yuan? [Complete Analysis]

The Indian rupee has depreciated 6-7.5% against the Chinese yuan in recent months, hitting record lows and creating ripple effects across India's economy. If you're an exporter, importer, investor, or simply someone who sends money to someone in China, this matters to your business.  Let's break down the seven key reasons why the rupee is falling against the yuan, and what it means for different stakeholders in India. 1. The $99.2 Billion Trade Deficit With China India's trade deficit with C

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Topmate.io: Alternatives for International Payments, Earning Money & EximPe Comparison
February 2, 2026
blog

Topmate.io: Alternatives for International Payments, Earning Money & EximPe Comparison

Topmate is an all-in-one platform that lets creators monetize their expertise through 1:1 calls, webinars, and digital products. But here's the honest truth, most creators earn virtually nothing. Success requires an existing social media following and genuine expertise. Let's break down whether it's actually worth your time. What Is Topmate.io? Topmate is a creator economy platform launched in 2020 that lets professionals package their knowledge into sellable services. Instead of juggling mul

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SWIFT Code: Full Form, Meaning, Format & How to Find Your Bank's Code [2026 Guide]
October 29, 2025
Banking & Payments

SWIFT Code: Full Form, Meaning, Format & How to Find Your Bank's Code [2026 Guide]

A SWIFT code is a unique 8-to-11-character code that identifies a bank globally for international money transfers. If you're an Indian importer paying an overseas supplier or an exporter receiving payment from a foreign buyer, the SWIFT code is how banks know exactly where to route your money. What is a SWIFT Code? SWIFT full form: Society for Worldwide Interbank Financial Telecommunication. Also called BIC (Bank Identifier Code). SWIFT code and BIC code are the same thing. If a supplier or

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Strait of Hormuz: How a Distant Oil Chokepoint Is Disrupting Indian Restaurants (From Crude to LPG)
March 12, 2026
blog

Strait of Hormuz: How a Distant Oil Chokepoint Is Disrupting Indian Restaurants (From Crude to LPG)

The Strait of Hormuz, a 33-kilometer-wide corridor between Iran and Oman controls roughly 20% of global oil and a quarter of global LNG and LPG flows, and when tensions flare there, Indian importers feel the squeeze within days. If your business has faced LPG shortages, freight surcharges, or delayed shipments in early 2026, one major reason is what's happening 2,500 kilometers away in the Persian Gulf. A Narrow Strait The Strait of Hormuz is the world's most critical oil chokepoint, sitting

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What is TDS in Income Tax? A Comprehensive Guide by EximPe
October 30, 2025
Taxation & Compliance

What is TDS in Income Tax? A Comprehensive Guide by EximPe

Tax compliance is an issue that is critical for both businesses and individuals to understand. The most popular tool in the Indian Revenue system is TDS. In this article, we'll explain the meaning of TDS in income tax, the importance of TDS and how it affects your money in 2025. What is TDS in Income Tax? The full form of TDS in income tax is "Tax Deducted at Source". It is a way in which the tax is deducted directly when making payments. The payer who pays the money deducts the tax at a cert

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Income Tax Calculation for Salaried Employees: Explained with Examples
October 30, 2025
Taxation & Compliance

Income Tax Calculation for Salaried Employees: Explained with Examples

Filing income tax may seem overwhelming, especially when it comes to calculating how much you owe. But with a clear understanding of the process and current tax slabs, you can easily figure it out. This guide is designed to help salaried individuals understand how to calculate income tax on their salary—with real-life examples, for both the old and new tax regimes. Understanding the Basics of Income Tax Income Tax is the tax you pay on your income to the Government of India. As a salaried emp

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Old vs New Income Tax Regime in 2025-26: Which One Should You Choose?
October 30, 2025
Taxation & Compliance

Old vs New Income Tax Regime in 2025-26: Which One Should You Choose?

The income tax scenario in India has witnessed some drastic changes in a span of next few years giving two broad avenues of filing taxes by a tax payer the usual old tax regime and the new and simplified tax regime. With the coming of the Financial Year 2025-26 (Assessment Year 2026-27), it would be important to know the intricacies of each regime to plan proper taxes. The system of the old income tax and that of the new income tax is not an automatic choice. Your level of income, the inclinati

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Is There an Inheritance Tax in India? Everything You Should Know
October 30, 2025
Taxation & Compliance

Is There an Inheritance Tax in India? Everything You Should Know

Inheritance tax is one of the topics that tends to confuse, and that is particularly true when it comes to those who are building their financial legacy. At Eximpe, we believe in providing you with the right information about your money matters to update you on how to make the best decisions in your ownership of your wealth. Here is all that you need to know about Inheritance tax in India in 2025. What is Inheritance Tax? Inheritance tax is a tax applicable to those individuals who inherit mo

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What is Section 80C, and How can Tax Deduction Under Section 80C be claimed?
October 30, 2025
Taxation & Compliance

What is Section 80C, and How can Tax Deduction Under Section 80C be claimed?

Anyone looking to do proper tax planning in India must know about section 80C of the Income Tax Act. At EximPe, we recognize that optimizing your finances matters a lot—especially for trading businesses that want to make the most of every rupee. I’ve put together a detailed guide on section 80C, its rewards and how to use it this assessment year. What is Section 80C of the Income Tax Act? This section of the Income Tax Act lets people and HUFs reduce their tax burden by directing their invest

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How to File TDS Returns Online: Step-by-Step Guide
October 30, 2025
Taxation & Compliance

How to File TDS Returns Online: Step-by-Step Guide

Online E-filing TDS return is an important task for businesses and professionals to ensure that tax deducted at source (TDS) from customers is correctly deposited with the IT department. We make the above process easier for you at Eximpe. Here is your complete step-by-step guide on how to file a TDS return online, claim income tax TDS refund, penalties for late filing and more live coverage of TDS. What is TDS Return? TDS return is required to be filed by the deductors in every quarter to the

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Factors Affecting Your Car Insurance Premium: What Every Driver Needs to Know
October 24, 2025
Taxation & Compliance

Factors Affecting Your Car Insurance Premium: What Every Driver Needs to Know

Auto insurance is not only an obligation- it's a necessity to protect yourself financially from an accident, theft, or even natural calamities. However, to change your premium, factors such as your car's age, where you live, how often you file claims, your driving history, the type of car you own, and the type of coverage you want may vary from one year to the other. Knowing these helps you know how much you will be expected to pay, assist in calculating the reasonable amount, and even save you

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Managing Multiple Currencies: A Freelancer's Guide to Exchange Rate Optimization
October 30, 2025
International Trade & Finance

Managing Multiple Currencies: A Freelancer's Guide to Exchange Rate Optimization

Managing multiple currencies is an essential aspect for freelancers, especially in India, where the freelance economy is booming. By the beginning of 2025, India's freelance market is expected to be between $20 billion and $30 billion, with international clients being a big catalyst for growth. This blog aims to help freelancers optimize exchange rates effectively and manage multiple currencies efficiently. Understanding the Freelance Landscape in India The number of freelancers has skyrocket

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Freelancer Contracts 101: Protecting Yourself in Cross-Border Deals
October 29, 2025
International Trade & Finance

Freelancer Contracts 101: Protecting Yourself in Cross-Border Deals

In today's interconnected world, freelancing has become a lucrative career path, offering the flexibility to work with clients from around the globe. However, navigating cross-border deals can be complex, especially when it comes to legal protection and financial security. For Indian freelancers looking to expand their reach internationally, understanding the nuances of freelancer contracts is crucial. This guide will walk you through the essential elements of a robust freelance contract, highli

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The Ultimate Guide to International Payment Solutions for First-Time Freelancers
October 28, 2025
International Trade & Finance

The Ultimate Guide to International Payment Solutions for First-Time Freelancers

The freelance industry in India is still expanding, and it is expected that the market will reach $20-30 billion within the year 2025. As such, freelancers need to learn the mechanism of international payment. In this guide, we will provide first-time freelancers with basic information about the various payment solutions that can be useful for them, particularly considering the difficulties they may face. Understanding the Challenges Freelancers in India often face several hurdles when it com

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Setting Up Your Financial Infrastructure as a Global Freelancer
October 28, 2025
International Trade & Finance

Setting Up Your Financial Infrastructure as a Global Freelancer

The world has witnessed a new shift in the workforce through freelancing. India is not an exception. With a projection that freelancers will be 50% of the workforce by 2025, Indian freelancers have to set up a strong financial infrastructure in this dynamic world. This blog highlights key strategies on how to set up your financial systems, manage taxes, and ensure smooth transactions as a global freelancer. Understanding the Freelance Landscape in India In fact, freelancing in India has been

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How to Receive International Payments in India: Complete Guide for Freelancers and Businesses
October 30, 2025
International Trade & Finance

How to Receive International Payments in India: Complete Guide for Freelancers and Businesses

Working with overseas clients can be highly rewarding—but getting paid across borders can be tricky if you’re not familiar with the process. Whether you’re a freelancer, startup, or established business, receiving international payments in India requires the right banking setup, compliance with regulations, and knowledge of available transfer options. This guide explains the methods, costs, documentation, and best practices to ensure you get your payments securely and on time. Understanding H

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What to Do When an International Client Doesn't Pay: Legal and Financial Options
October 29, 2025
International Trade & Finance

What to Do When an International Client Doesn't Pay: Legal and Financial Options

Handling non-payment from foreign clients can be a scary prospect for companies, especially Indian companies involved in cross-border transactions. The intricacies of international law, fluctuations in currency, and differences in legal systems make recovery even more challenging. This blog is intended to give an overall picture of the legal and financial avenues available to Indian companies when they encounter such scenarios. Understanding Non-Payment Issues Non-payment disputes typically a

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Understanding International Payment Fees: Hidden Costs to Watch Out For
October 29, 2025
International Trade & Finance

Understanding International Payment Fees: Hidden Costs to Watch Out For

In today's interconnected world, international payments have become an essential part of global trade, especially for Indian exporters and businesses. However, navigating these transactions can be complex due to various hidden costs that significantly impact profitability. This blog aims to shed light on these often-overlooked fees, providing insights into how they affect businesses and highlighting solutions like EximPe that can help mitigate these costs. Introduction to International Payment

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How to Track Your Freelance Income Across Multiple Payment Gateways
October 30, 2025
Miscellaneous Finance

How to Track Your Freelance Income Across Multiple Payment Gateways

As an Indian freelancer, juggling your earnings from different payment channels can be an overwhelming experience. With the gig economy growing by leaps and bounds and reports that close to half of the workforce will be freelancing by 2025, it's vital to have an efficient mechanism to monitor your freelance earnings. This blog will take you through sound strategies to monitor your freelance income from multiple payment channels, keeping in mind solutions specific to Indian freelancers. Why Tra

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