Niyo Global

Score Niyo Global as the travel SKU. Score Niyo salary as a partner-bank account. Mixing them is how directories lie.

Niyo Global is the multi-currency / forex line inside the Niyo group. It exists because Indian travellers were overpaying high-street banks for dollars. It is not Revolut, and it is not Federal Bank.

Niyo Global lists Forex + partner-bank stack under RBI (partner banks / AD category) in India. On safeguarding we currently write: Partner-bank DICGC where a bank balance exists; forex wallets are not the same object. Holder / issuer line: Partner banks — confirm the current AD and savings partner in-app. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 2 live markets on the product. As we score the sticker: monthly Product-dependent; forex often zero annual; FX Live-rate pitch vs high-street; a spread still exists; ATM Overseas ATM on the card schedule. This desk would open it for: Indians who actually leave the country and need a named forex product, not a UPI clone.

What it does well: FX-first in a UPI market; Separate SKU from the salary app; UAE overlap. What to watch: Partner soup; Blocked-card Sundays; Not a universal salary bank. Desk score 7.3 / 10 (safety 6.6, fees 8.4, features 7.8, app 7.6). Last verified 2026-08-01. Headquartered in Bengaluru, India; founded 2015. None of this is advice — it is a file so you can read the entity before the card colour.