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Foreign Remittance via Wise or NIUM

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Venkatraman

Finance Controller

43 Points Posted on 23 February 2022

Dear All,

Please can I request your replies to my below question.

If we receive money through Transferwise/Wise or Instarem (NiUM) from our Foreign Companies into our Indian Bank accounts, then can we request our banks for FIRC copies. Please can someone clarify.

Thank you in advance for your response.

Kind Regards

Replies (1)

Aashok Kumar Sharma

Finance/Compliance Consultant

77979 Points Posted on 01 July 2026

You generally cannot get a FIRC directly from the fintech platform itself because they are not AD Category-I banks. Instead, you obtain the necessary proof (often called a FIRA or e-FIRC) from the partner bank that processed the final leg of the transaction, or via the automated digital tools provided by the platform (like Wise's e-FIRC dashboard).