Whether you’re shipping spices from Kerala, gems and jewellery from Jaipur, or building SaaS products in Bengaluru, the UAE loves what India offers. But for every exporter, there’s one big question: How do I get paid in AED securely, quickly, and with minimal deductions?

This guide explains everything you need to know about receiving AED payments, transferring AED to INR, and the most efficient ways to convert AED to INR. Additionally, it explains currency conversions, timelines, and how to avoid hidden fees.

If you’re exporting to the UAE, this is your step-by-step guide to getting paid the smart way with BriskPe ensuring fast, transparent, and fully compliant AED transfers from Day 1.

Step 1: Get the Export Basics Right, Before Chasing the Payment

Prior to following up on payments, make sure your export process has been completed correctly. Effective communication with the buyer, proper documentation, and customs compliance are all essential.

To get started, follow these steps:

Documents for shipping and logistics: Whether you’re shipping by sea or air, you’ll need a valid Bill of Lading (BoL) and AWB.

Packing list and invoice: The invoice should clearly indicate the currency and total amount. Packing lists should match those of the shipped goods.

Export Declaration: It is imperative to submit your export declaration to Indian Customs to prove that you have exported your goods.

Certificate of Origin (if applicable): Verify with your UAE buyer if a Certificate of Origin is required. This may be needed to qualify for tariff benefits.

Step 2: How to Choose the Best Way to Receive AED Payments in India

In order to receive payments, Indian exporters use several different channels. The following table compares a traditional bank with a revolutionary payment partner-BRISKPE :

Feature	Bank Wire Transfer (SWIFT)	Cross-Border Payment Partner- BRISKPE
How it works	UAE buyer sends funds directly to your Indian bank via SWIFT	Buyer pays to your virtual account
Speed	2–5 business days (sometimes longer)	Instant
FX rates	Often marked up by banks	Close to IBR
Fees	2-3% fees, SWIFT charges, poor FX rates	Lower fees (1%), no surprise deductions
Best for	Occasional exporters or those tied to a specific bank	Frequent exporters looking for better margins and faster settlements

Step 3: Compliance Made Simple: FIRA, GST & EDPMS for AED Export Payments

Upon receiving your export payment into your Indian bank account, you must report it correctly to claim incentives and remain in compliance with RBI.

Here’s what to do:

1. Get Foreign Inward Remittance Advice (FIRA)
FIRA is a document issued by your bank or payment partner that proves foreign currency has been received against an export.
You need a FIRA for:

• Filing of GST
• Audits of tax returns
• Government incentive programs, such as RoDTEP and SEIS

2. Update EDPMS (Export Data Processing and Monitoring System)
The Authorized Dealers (AD’s) bank needs to update the payment information in EDPMS to close the shipping bill. To do so, banks may ask you to submit:

• A commercial invoice
• The shipping bill/AWB
• Copy of FIRA

We provide free FIRAs and hassle-free eBRC solutions, so you never have to chase your bank.

Here’s why AED matters more than you might think

It’s local, familiar, and reduces currency risk, which is why most UAE buyers prefer to pay in AED. But here’s what most Indian exporters don’t realize:

AED is still considered a premium settlement currency, and very few banks or cross-border platforms support direct AED receipts into Indian accounts.

BRISKPE is one of the few platforms that offers virtual AED accounts to Indian exporters. That means:

• Your buyer pays in AED like a local transaction
• You will receive funds faster.
• FX rates are transparent and close to Interbank Rate
• No unnecessary currency swaps or hidden losses

Bonus: Key Considerations for Receiving AED Payments from UAE to India

1. Currency conversion: Most UAE businesses pay in AED or USD. Ensure you:

• Quote foreign currency in your invoice
• Track real-time FX rates
• Don’t rely solely on your bank’s exchange rate (you could lose INR 1-2 per dollar).

2. Avoiding Payment Delays:

• Always use contracts or purchase orders
• Offer early payment discounts if possible
• Follow up promptly and politely with your UAE buyer
  

Conclusion: Don’t just export, collect AED payments smartly

Exporting to the UAE is easier than ever but getting paid efficiently is where you win or lose money. Don’t accept whatever your bank offers. Look for smart, transparent payment solutions that save money, speed up settlements and ensure full RBI and GST compliance.

Want to streamline your AED payment process? We’re here to help!

If you’re looking to reduce costs and improve your cross-border payment setup, explore BRISKPE’s Exporter Launchpad. With virtual accounts, live FX tracking, and complete compliance support it’s built for modern exporters.

Need help with documentation, FIRA, or setting up your first payment link? Connect with us. We’ll walk you through it.

FAQ’s

Q1: Can I open a bank account in the UAE to receive export payments directly?
 Indian exporters typically cannot open a UAE business account unless they have a registered entity there. Instead, they can use virtual accounts offered by cross-border platforms that provide local AED/USD receiving accounts.

Q2: Do I need a Letter of Credit (LC) to export to the UAE?
Not always. UAE buyers prefer advance payments or open account terms, but an LC may be requested for high-value or first-time transactions to reduce risk.

Q3: What if my UAE buyer delays or defaults on payment?
Include payment terms in your contract, conduct due diligence, and consider export credit insurance (like ECGC) to safeguard against non-payment risks.

Q4: Is there a tax on the export payments I receive in India?
Export income is generally exempt from GST, but taxable under income tax. Proper documentation and FIRA are essential for compliance and claiming exemptions or benefits.

Q5: Can freelancers or service exporters use platforms like BRISKPE to receive payments from UAE clients?
Yes, if you’re exporting services like design, IT, or consulting, platforms like BRISKPE offer virtual accounts and invoice payment links tailored for freelancers and small agencies.