International Finance6 min read
What Is a Foreign Inward Remittance Certificate (FIRC)?
A Foreign Inward Remittance Certificate, usually shortened to FIRC, records a foreign inward remittance to India. Businesses and freelancers use inward-remittance evidence to explain where an overseas receipt came from and connect it to the underlying transaction. The issuer, document name and route matter when that evidence is used for an export or other filing.
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