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Definition | : | Foreign Inward Remittance Certificate |
Category | : | Business » Banking |
Country/ Region |
: | India
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Popularity | : |
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Type | : |
Initialism
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Foreign Inward Remittance Certificate (FIRC) is a certificate issued by the bank to the account holder as a proof of inward remittance to India. Most of the statutory authorities use this document as a proof that an individual has received a payment in foreign currency from outside the country.
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[Italian Foundation for Cancer Research]
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The full form of FIRC is Foreign Inward Remittance Certificate
Foreign Inward Remittance Certificate