Business banking for India.
Plaitr is the onchain business banking layer for founders in India who sell to customers abroad. A US business account without SSN, USDC↔INR settlement inside FEMA guardrails, and reconciliation to Xero and QuickBooks — from one non-custodial account. Below, every Plaitr resource for teams in India.
12 resources for teams in India
- Stablecoins
USDC to INR business off-ramp: what actually works
USDC to INR business off-ramp guide for Indian exporters: RBI stance in 2026, VDA tax, partner comparison, and how Plaitr routes the flow end to end.
10 min read - Exporters
How Indian exporters receive USD without RBI headaches
A US bank account for Indian exporters that holds USD, converts to INR at mid-market, and keeps your FIRA/EDPMS paperwork clean under RBI rules.
5 min read - Compliance
AD Code registration for Indian exporters: 2026 guide
AD code registration India guide: how the 14-digit code works, port rules, docs, timelines, and how Plaitr's partner-bank flow ships the letter fast.
10 min read - Banking
How to open a US business account without an SSN
The US business account without SSN path exists for non-resident founders. Here is the EIN-only route, the documents partner banks accept, and the rejections to sidestep.
6 min read - Compliance
How to get an EIN as a non-resident founder
The EIN non resident path skips the online IRS tool. Here is the SS-4 fax route, the CPA route, and real timelines for opening a US account.
5 min read - Banking
Open a US business bank account as a non-resident exporter
A US business bank account non resident exporter path that clears: the four real options, the docs each demands, the countries each rejects, the timelines.
6 min read - Banking
Mercury alternatives for non-resident exporters
Compare Mercury alternatives for non-resident exporters, from Relay and Wise to Plaitr, with notes on eligibility, stablecoin rails, and logistics.
7 min read - Compliance
W-8BEN vs W-8BEN-E: which one an exporter files in 2026
W-8BEN vs W-8BEN-E for exporters in 2026: individual or entity, the 30% default withholding rule, treaty benefits, and what US clients need on file.
10 min read - Compliance
1099 international contractor rules for exporters 2026
1099 international contractor rules for 2026: when W-8BEN removes the 1099, when it does not, and why some US clients still withhold 30 percent by default.
11 min read - Banking
Amazon FBA seller US bank account: the 2026 guide
How Amazon FBA sellers open a US bank account in 2026 to receive USD payouts in full and skip the 1.5% currency converter fee stack.
8 min read - Banking
US bank account for freelancer international clients (2026)
How a US bank account for freelancer international work stops the 3-6% bleed on Stripe, PayPal, and wire USD payouts. Mercury vs Wise vs Payoneer vs Plaitr.
10 min read - Payments
Shopify Payouts for international sellers: 2026 fee guide
How Shopify payouts reach an international seller in 2026, where the 3-5% fee stack lives, and how a US business account cuts total cost.
11 min read
India — frequently asked
Can an Indian business hold a US bank account with Plaitr?
Yes. Plaitr opens a US business account for Indian founders without requiring an SSN. The company files Form SS-4 to get an EIN, submits KYB documents, and receives US ACH and wire details. Clients pay in USD as if the entity were US-based; balances stay in USD until you choose to convert.
How does USDC to INR settlement work under FEMA?
Plaitr routes USDC to INR through partner off-ramp providers that hold the required VDA/PA-PB licenses in India. The rupee credit lands in the exporter's business bank account with the FIRA and EDPMS reporting attached. The transaction is treated as an export receipt under FEMA, not a crypto trade.
Do I need an AD code to receive foreign remittances?
An AD code is mandatory for goods exports through Indian customs, tied to a specific port. Service exporters typically don't need one but do need a valid IEC. Plaitr flags whether a specific corridor requires AD code registration before the first inbound payment.
What's the LRS $250K limit and does it apply to Plaitr flows?
The Liberalized Remittance Scheme lets Indian residents send up to USD 250,000 per financial year abroad for permitted purposes. Business exports and receipts are governed separately by FEMA's Foreign Trade Policy rules and do not consume LRS. LRS matters when a founder personally funds a US LLC — not for company-to-company receipts.
Which US business banks accept non-resident Indian founders in 2026?
Mercury tightened non-resident approvals in 2025 and now rejects many Indian applicants without US presence. Wise Business, Relay, and Plaitr remain viable. Plaitr is built specifically for founders outside the US and does not require a US address or SSN to open the account.
How is USDC income taxed for an Indian business?
USDC held or received is treated under India's VDA regime: 30% tax on gains from transfer, plus 1% TDS above threshold on the crypto leg. However, exporters converting USDC to INR at the off-ramp usually recognize INR income at conversion, not USDC gains, if the flow is structured as export receipt then settlement — a distinction Plaitr's records preserve for the CA.