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Payoneer Launches Automated Digital FIRCs in India – the first of its kind!

Payoneer Launches Automated Digital FIRCs in India – the first of its kind!
By: Payoneer Posted On: August 19, 2019 View: 24

Payoneer Launches Automated Digital FIRCs in India – the first of its kind!

For the first time in India, sellers and service providers who receive global payments are now able to get their digital FIRCs automatically delivered to them for free!* You’ll no longer need to spend time, money and effort, Payoneer has got you completely covered! Spend less time focusing on tedious tasks and more time on growing your global business.

What is a FIRC?

According to the Reserve Bank of India (RBI) and the Foreign Exchange Dealers Association in India (FEDAI), a digital FIRC (Foreign Inward Remittance Certificate) is a document that acts as proof of foreign transfers to India. Many authorities use this document as evidence that an individual or business has received a payment in a foreign currency from abroad. If you’re a seller or service exporter, a digital FIRC is an important document to own.

Payoneer automates digital FIRCs so you can focus on the important things

How does it work?

You’ll receive your digital FIRCs straight to your Payoneer account, completely free of charge, and it will be delivered and available for download within 7-15 days** of receiving a payment. No more manual requests, high fees or long waiting periods!

Once your first digital FIRCs arrives, you’ll receive an email with a password and instructions to access it. Follow the steps below:

  1. Sign into Payoneer.
  2. Click on the notifications icon and search for the message.
  3. Open the message and click on the embedded link to download the document.
  4. Enter your password.

Each time a document is available for you, we’ll send you a message directly to your Payoneer account.

Please note: This password is permanent, and you’ll need it to access all documents we generate for you, so please store it in a safe location.  If at any time you are having issues with your password, please contact us.

Not yet a Payoneer user? Sign up today!

* This offer is free for a limited time only. We will notify you before it expires.

** Any outstanding FIRC requests may take longer to process.

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