Compliance
Purpose code Type of transaction Description P0103 Goods Advance receipts against export contracts, which will be covered later by GR...
Wed, 20 Jan, 2021 at 10:10 AM
Foreign Inward Remittance Statement (FIRS) is a document that serves as proof of a foreign transfer to India.
Wed, 20 Jan, 2021 at 10:11 AM
Indian sellers/service providers who receive international payments from their customers.
Wed, 20 Jan, 2021 at 10:11 AM
Cashfree’s banking partner would issue an e-FIRS against every transaction to the beneficiary’s email address.
Wed, 20 Jan, 2021 at 10:11 AM
Serves as an evidence for receiving international payments Is a must for the beneficiary’s bank to issue the - Foreign Inward Remittance Certificate ...
Wed, 20 Jan, 2021 at 10:14 AM
Upon verification of the FIRS and relevant documents submitted by the seller (invoices, bill of entry, etc) the beneficiary bank would issue the FIRC & ...
Wed, 20 Jan, 2021 at 10:15 AM
While initiating a transfer request with Cashfree, ensure you pass the correct ‘Email ID’ corresponding to your seller/service provider. Cashfree’s bank...
Wed, 20 Jan, 2021 at 10:15 AM
A FIRS would capture: Beneficiary Details i.e. beneficiary in India Buyer Details to identify the overseas buyer Payment Details i.e. amount real...
Wed, 20 Jan, 2021 at 10:18 AM