Can I use a foreign bank account for Apple Developer payouts if my company is registered in India?

My company is registered in India, and I receive payouts from the Apple App Store in USD. I’m exploring services like xFlowPay to receive payouts in USD and avoid high bank conversion charges.

Does Apple allow using a bank account from a different country than the country where my company is registered for App Store payouts? Has anyone successfully done this, and are there any restrictions or verification requirements?