DID YOU KNOW?

Upwork charges upto 2.4% in forex markup on Direct INR Withdrawals.

Withdraw USD to Mulya Virtual Account.
We convert your USD to INR for
ZERO Forex Markup.

Upwork
Mulya

Here's a video to help you get started

How does it work?

Register on Mulya

Register on Mulya to get your USD Virtual Account.

Setup your Mulya Account

Set up your Mulya USD Account in the
"Direct to US Bank" Payment Method in Upwork

USD Deposited

USD Deposited to your Mulya Account. We
convert the USD to INR at Google Rate.

INR Deposited

INR deposited to the Indian Bank Account of
your choice. FIRC is ready for download.

focused

Upwork doesn't provide you an FIRC!

But Mulya does! for FREE!

Upwork doesn't provide you an FIRC

  • FIRC is the most important document to have for your international payments
  • You might get into trouble for not having it
  • FIRC proves that INR you received in your Indian Account is converted from a foreign currency (and so, GST is not applicable to it)
  • Mulya is the only platform in India to provide a Free FIRC within 24-hours of transaction.

Fun Fact: Most platform don't provide FIRC! But we do.

foreignBanks

is the best way to withdraw
money from Upwork!

Save

Forex Fee

100%

Compliant

Free

FIRC

Save

Forex Fee

RBI

Operating Under

RBI's OPGSP Model

 

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What is the difference between the "Direct to Local Bank" and "Direct to US Bank" methods of Upwork withdrawals?
Which method of withdrawal does Mulya use? Is it a Wire Transfer or "Direct to US Bank (ACH)"?
How do I add the Mulya Account to Upwork Withdrawal?
I can't see a Mulya option on the Upwork withdrawal section. What do I do?
Is the Upwork Wire Transfer fee ($30) applicable to us?
What are the tax implications of withdrawing to a US Account?
Is what Mulya doing, legal?
Can an Indian have a USD Virtual Account?
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