New local payment methods for India and Pakistan: UPI, IMPS, and bank transfers

PrimeXBT has officially expanded its payment options to better serve traders in India and Pakistan. Indian clients can now deposit and withdraw using UPI and IMPS, while Pakistani clients have access to local bank transfers. All options allow direct transfers to and from bank accounts, with no fees and full transparency.

This update brings regional convenience to the global trading experience, making it easier than ever to move capital in and out of your PrimeXBT account.

What’s new for clients in India

Unified Payments Interface (UPI) and Immediate Payment Service (IMPS) are used by millions daily across India. They’re fast, familiar, and now fully integrated with PrimeXBT, giving traders the power to fund accounts with Indian Rupee while trading globally in USD.

• Deposit with UPI: Starting from just 165 INR (approx. 2 USD) to 48,000 INR (approx. 580 USD)
• Deposit with IMPS: From 1,000 INR (approx. 12 USD) to 48,000 INR (approx. 580 USD)
• Withdrawals: From 1,000 INR (approx. 12 USD) to 96,000 INR (approx. 1150 USD)

UPI deposits are typically processed in under 10 minutes, with most credited within just a few minutes. It’s one of the fastest ways to get started on PrimeXBT. IMPS is a reliable alternative, with deposits usually completed quickly, often within the hour.

What’s more, every transaction comes with full transparency. Before confirming a deposit or withdrawal, clients will see a preview of the Indian Rupee to US Dollar rate before confirming the transfer, offering greater clarity and control. 

What’s new for clients in Pakistan

A new Pakistan Local Bank transfer option is now available for traders in Pakistan, providing a familiar and cost-free way to move funds in Pakistani Rupee.

Here’s how it breaks down:

• Deposits and withdrawals range from 40 USD (approx. 11,000 PKR) to 3,500 USD (approx. 991,000 PKR), with no fees
• Quick transaction processing

To deposit, clients simply enter their bank name, account number, transaction reference, and upload proof of payment. Withdrawals return funds to the same account, ensuring a secure and consistent experience.

Guide to deposits and withdrawals

Getting started with local payments on PrimeXBT is simple and easy to follow. Moving funds in or out is quick, with full visibility every step of the way. It only takes a few quick steps to transfer securely between your bank account and trading wallet.

For Indian clients:

1. Log in to your PrimeXBT account.
2. Go to your Wallet and click “Deposit”
3. Select India and choose UPI or IMPS as payment method
4. Enter your amount
5. Follow the steps, and send the exact requested amount

For withdrawals, select “Bank of India,” input the amount and your bank details, and confirm the transfer.

Even if the IMPS deposit takes longer than expected, it will still be processed by matching the transaction with your unique Order ID.

For Pakistani clients:

1. Log in to your PrimeXBT account.
2. Navigate to your Wallet and click “Deposit”
3. Choose to deposit money and select Pakistan as your region
4. Select “Pakistan Local Bank”
5. Fill in the requested details and complete the bank transfer

Please note: all transfers must come from bank accounts registered in the client’s name. Third-party payments are not supported and will be rejected.

Simplifying trading with PrimeXBT

These new local banking options are part of a broader push to make trading more practical and accessible, particularly in growing markets. 

By cutting unnecessary steps and eliminating fees, PrimeXBT now offers clients in India and Pakistan more straightforward ways to move funds in and out of their accounts.

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