Certification for Foreign Remittances

Foreign Inward Remittance Certificate (FIRC) is a document that provides proof of inward remittance to India. FIRC is an optional document and most banks may issue it only if you make a request. Unless you have a current account and receive the payments through a bank account in the name of a registered business, it is a good idea to get the FIRC from the bank and save it for your records. It is treated as documentary evidence by most of the statutory authorities for confirming the validity of the convertible foreign exchange received by the beneficiary. The team at RSP can assist you throughout the whole procedure.