{"id":25520,"date":"2026-01-23T14:34:08","date_gmt":"2026-01-23T09:04:08","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=25520"},"modified":"2026-03-24T14:18:06","modified_gmt":"2026-03-24T08:48:06","slug":"difference-between-brc-and-firc","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/difference-between-brc-and-firc\/","title":{"rendered":"Difference Between BRC and FIRC &#8211; The New FIRA &#038; e-BRC Rules"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">You receive a payment from your US client, but getting the right paperwork feels more complicated than closing the actual deal. Your chartered accountant asks for an FIRC, the bank says they issue FIRA, and DGFT mentions something about e-BRC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These three acronyms, FIRC (Foreign Inward Remittance Certificate), FIRA (Foreign Inward Remittance Advice), and BRC (Bank Realisation Certificate), serve different purposes in export compliance. Most exporters mistakenly ask for an FIRC when they actually need a FIRA or &#8216;Advice&#8217; for trade transactions, as banks stopped issuing physical FIRCs for exports in 2016.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recent DGFT updates have shifted e-BRC generation to a self-certification model, changing how you claim export benefits. This guide clarifies the exact <\/span><b>difference between brc and firc<\/b><span style=\"font-weight: 400;\">, explains the role of FIRA, and walks you through the modern compliance process.<\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0 0 8px 0; display: inline-block;\">Key Takeaways<\/h2>\n<ul style=\"display: inline-block; margin: 0 0 0 10px; padding-left: 18px; vertical-align: top;\">\n<li><a href=\"https:\/\/razorpay.com\/blog\/firc-certificate\/\">FIRC<\/a> is now primarily restricted to capital account transactions like FDI, while <a href=\"https:\/\/razorpay.com\/blog\/e-fira\/\">FIRA<\/a> (Foreign Inward Remittance Advice) is the standard proof of payment for export trade.<\/li>\n<li>A <a href=\"https:\/\/razorpay.com\/blog\/bank-realisation-certificate-brc\/\">BRC<\/a> (Bank Realisation Certificate) is distinct from FIRC as it proves export obligations were met against a specific shipping bill, which is mandatory for claiming DGFT incentives.<\/li>\n<li>Since the 2016 EDPMS implementation, exporters must use digital IRMs or FIRAs for GST refunds instead of physical FIRCs, which are no longer issued for routine trade.<\/li>\n<li>Failure to obtain a valid BRC can result in the inability to claim RoDTEP benefits and may lead to the exporter being listed on the RBI EDPMS defaulter list.<\/li>\n<\/ul>\n<\/div>\n<h2><b>What are FIRC, FIRA, and BRC?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">While the introduction touched on the confusion around these documents, understanding their distinct roles requires examining each certificate individually. The banking system uses different documents for different types of foreign remittances, and knowing which one applies to your transaction prevents delays in compliance.<\/span><\/p>\n<h3><b>What is an FIRC?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Foreign Inward Remittance Certificate (FIRC) is a physical certificate issued by Authorised Dealer (AD) Category-I banks. This document serves specific purposes in today&#8217;s regulatory framework:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Strictly for Capital Account transactions like Foreign Direct Investment (FDI) or Foreign Institutional Investment (FII)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Rarely issued for routine export payments anymore<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Physical format requiring manual processing<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Used primarily for proving capital infusion or non-trade receipts<\/span><\/li>\n<\/ul>\n<h3><b>What is a FIRA (formerly FIRC for exports)?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Foreign Inward Remittance Advice (FIRA) replaced the traditional FIRC for export transactions:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Digital or physical advice slip banks issue for &#8216;Current Account&#8217; transactions (export of goods\/services)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 The document exporters actually receive to prove payment receipt to authorities<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Often called &#8216;FIRC&#8217; colloquially, causing widespread confusion<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Available as electronic advice in most modern banks<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Essential for GST refund claims and tax compliance<\/span><\/li>\n<\/ul>\n<h3><b>What is a BRC?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Bank Realisation Certificate (BRC) serves a completely different purpose from payment proof:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Links the incoming payment (FIRA) to the export documentation (Shipping Bill or <a href=\"https:\/\/razorpay.com\/softex-filing\/\">SOFTEX<\/a>)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Mandatory for claiming export incentives like RoDTEP and <a href=\"https:\/\/razorpay.com\/learn\/what-is-gst-refund\/\">GST refunds<\/a><\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Now issued digitally as &#8216;e-BRC&#8217; through the DGFT portal<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Proves that export proceeds have been realised against specific shipments<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">While FIRC\/FIRA proves money came in, BRC proves the export cycle is complete and obligations are fulfilled.<\/span><\/p>\n<h2><b>What is the difference between BRC and FIRC?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Having established what each document represents, the key distinctions become clearer when examined systematically. These differences impact how you request documents from banks and which ones you need for specific compliance requirements.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Feature<\/b><\/td>\n<td><b>FIRC (or FIRA)<\/b><\/td>\n<td><b>BRC<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Purpose<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Confirms receipt of foreign funds<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Confirms realisation of export proceeds against goods sent<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Issued By<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Receiving bank immediately<\/span><\/td>\n<td><span style=\"font-weight: 400;\">DGFT portal (self-certified using bank data)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Trigger Event<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Foreign remittance credited to account<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Payment matched to shipping documents<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Regulatory Use<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Tax proof, FDI compliance, general receipt<\/span><\/td>\n<td><span style=\"font-weight: 400;\">DGFT incentives, RBI compliance, export closure<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Difference #1: Primary Purpose<\/b><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\"> FIRC\/FIRA: Acts as a receipt. It proves that foreign currency entered the Indian banking system<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 BRC: Acts as a settlement proof. It proves that the specific export invoice has been fully paid and the transaction is closed<\/span><\/li>\n<\/ul>\n<h3><b>Difference #2: Issuance Workflow<\/b><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\"> FIRC\/FIRA: Issued by the bank immediately upon crediting the inward remittance to your account<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 BRC: Generated only after the exporter or bank maps the inward payment (FIRA) to the Shipping Bill or SOFTEX form<\/span><\/li>\n<\/ul>\n<h3><b>Difference #3: Regulatory Use Cases<\/b><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\"> FIRC: Required for FDI compliance and proving capital infusion<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 FIRA: Required to prove zero-rated supply for GST refunds<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 BRC: Mandatory for DGFT incentives (RoDTEP, old MEIS\/SEIS) and removing the exporter&#8217;s name from the RBI&#8217;s EDPMS defaulter list<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 800; padding: 7px 15px; border-radius: 7px; font-size: 16px; text-decoration: none; display: inline-block; white-space: nowrap;\" href=\"https:\/\/razorpay.com\/international-payment-gateway-india\/?utm_source=blog&amp;utm_medium=referral&amp;utm_campaign=internationalpayments\">Explore Razorpay&#8217;s Global Payment Solutions<\/a><\/p>\n<h2><b>The 2016 Shift: Why you get FIRA instead of FIRC<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The distinction between FIRC and its modern replacements stems from a fundamental regulatory change in India&#8217;s export monitoring system. The Reserve Bank of India launched the Export Data Processing and Monitoring System (EDPMS) in 2016, completely transforming how banks handle export documentation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Banks received instructions to stop issuing physical FIRCs for trade transactions as part of the broader digitisation initiative. Instead, they now issue &#8216;FIRA&#8217; or &#8216;Inward Remittance Message (IRM)&#8217;, which serves as the standard proof for exporters. This change aimed to streamline processes and reduce paperwork delays that plagued traditional systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The practical impact remains significant today. When you ask a bank for an &#8216;FIRC&#8217; for a service export, they might reject the request or express confusion. Asking for an &#8216;Advice&#8217; or &#8216;FIRA&#8217; accurately reflects the current documentation standards and ensures faster processing.<\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0;\">Did You Know?<\/h2>\n<p style=\"margin-top: 10px;\"><i><span style=\"font-weight: 400;\">The DGFT migrated the entire e-BRC module to a new IT platform on 30 June 2022, requiring all AD banks to upload e-BRCs to the new environment for exporters to access their certificates digitally.<\/span><\/i><span style=\"font-size: 19px; background-color: #ffffff;\">\u00a0<\/span><\/p>\n<\/div>\n<h2><b>How to obtain FIRC (FIRA) and BRC?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The documentation process has evolved significantly from manual bank visits to digital self-service portals. Understanding both traditional and modern methods helps you choose the most efficient path for your business needs.<\/span><\/p>\n<h3><b>Method 1: The Traditional Bank Process<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The conventional approach still followed by many exporters involves multiple steps:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Submit a request letter to your bank with transaction details (UTR, Purpose Code)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay the issuance fee (ranges from \u20b9200 to \u20b91,000+ per certificate)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Wait 7-15 days for the physical or emailed FIRA<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For BRC, log in to the DGFT portal, view the IRM uploaded by the bank, and self-certify to generate the e-BRC<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Common delays occur when banks cannot match remittances due to missing UTR references on invoices. Providing remittance advice, invoice, and shipping bill details to your bank immediately prevents these issues.<\/span><\/p>\n<h3><b>Method 2: Razorpay MoneySaver Export Account (Automated)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Modern payment platforms eliminate manual processes through automation:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> FIRA\/electronic advice generates automatically for every transaction<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Documents available for download instantly from the dashboard<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 No additional cost compared to traditional bank fees<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Eliminates the 7-15 day wait time, enabling faster reconciliation for GST refunds<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The automated approach particularly benefits businesses processing multiple international transactions monthly, as manual certificate requests become unsustainable at scale.<\/span><\/p>\n<h2><b>Why are these documents mandatory for exporters?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Beyond the workflow differences, these certificates serve critical compliance functions that directly impact your business operations and cash flow. Missing or incorrect documentation triggers cascading problems across multiple regulatory requirements.<\/span><\/p>\n<ul>\n<li><b>GST Refund Requirements<\/b><span style=\"font-weight: 400;\">: You cannot claim a refund of accumulated ITC or IGST without proof of foreign remittance (FIRA\/BRC). Check what is the difference between brc and firc for detailed GST implications.<\/span><\/li>\n<li><b>Export Incentive Claims<\/b><span style=\"font-weight: 400;\">: Schemes like RoDTEP require valid e-BRCs linked to shipping bills. Without proper BRC documentation, incentive claims face automatic rejection.<\/span><\/li>\n<li><b>FEMA Compliance<\/b><span style=\"font-weight: 400;\">: RBI requires all export proceeds to be realised within nine months. The BRC serves as definitive proof of this realisation, preventing EDPMS defaulter listing.<\/span><\/li>\n<li><b>Audit Trail Defence<\/b><span style=\"font-weight: 400;\">: FIRA and BRC serve as primary evidence during tax audits to prove income derives from exports and qualifies for zero-rating. Missing documents can trigger reassessments and penalties.<\/span><\/li>\n<\/ul>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<p style=\"color: #0073aa; font-size: 18px; margin: 0;\"><strong><span style=\"color: #0073aa;\"><span style=\"font-size: 18px;\">Pro Tip: <\/span><\/span><\/strong><span style=\"color: rgba(0, 0, 0, 0.74); font-size: 19px; font-weight: 400;\">Create a tracking spreadsheet linking invoice numbers, UTRs, FIRA dates, and e-BRC status. This simple system prevents missing deadlines and speeds up reconciliation during GST filing periods.<\/span><span style=\"font-size: 19px; background-color: #ffffff; color: rgba(0, 0, 0, 0.74);\">\u00a0<\/span><\/p>\n<\/div>\n<h2><b>Automating Compliance with Razorpay MoneySaver Export Account<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Manual compliance processes consume valuable time that exporters could invest in growing their businesses. Razorpay automatically generates an electronic FIRA (Foreign Inward Remittance Advice) for every international payment received, completely eliminating the need for manual request letters or bank visits. This automation addresses the primary pain point of exporters who spend days chasing banks for basic documentation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Exporters can download their remittance advice instantly from the dashboard, which significantly speeds up the reconciliation process required for GST refunds and e-BRC generation. The platform&#8217;s integration with banking systems ensures that all necessary fields, including purpose codes and remitter details, populate correctly without manual intervention.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The account provides these essential compliance documents at no additional cost, removing the per-certificate issuance fees typically charged by traditional banks. For businesses receiving multiple payments monthly, this cost saving compounds significantly while reducing administrative burden.<\/span><\/p>\n<div style=\"background: #f5faff; border-radius: 14px; padding: 30px; text-align: center; margin: 42px 0; box-shadow: 0 8px 20px rgba(26,115,232,0.08);\">\n<h2 style=\"color: #1a73e8; font-size: 24px; font-weight: bold; margin-bottom: 12px;\"><strong>Automating Compliance with Razorpay<\/strong><\/h2>\n<p style=\"color: #444; font-size: 16px; max-width: 720px; margin: 0 auto 18px; line-height: 1.6;\"><strong>Download FIRA anytime, with purpose codes and remitter data auto-filled, helping faster reconciliation while eliminating bank issuance charges for every certificate.<br \/>\n<\/strong><\/p>\n<p><a style=\"display: inline-block; background: #1a73e8; color: #ffffff; padding: 14px 26px; font-size: 16px; font-weight: bold; border-radius: 10px; text-decoration: none;\" href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/?utm_source=blog&amp;amp;utm_medium=referral&amp;amp;utm_campaign=internationalpayments%22%3E%3Cem%3E%3Cstrong%3ERazorpay%E2%80%99s&quot;\">Explore Razorpay\u2019s MoneySaver Export Account<\/a><\/p>\n<\/div>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Understanding the <\/span><b>difference between brc and firc<\/b><span style=\"font-weight: 400;\"> prevents compliance delays and penalty risks for Indian exporters. FIRC serves capital account transactions, FIRA proves trade payment receipts, and BRC confirms export realisation against specific shipping bills. The modern workflow follows a clear sequence: payment receipt generates FIRA, which enables DGFT self-certification for e-BRC generation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leveraging automation tools reduces the administrative burden of chasing banks for certificates while ensuring audit-ready documentation. Start by reviewing your current documentation process against compliance requirements, then explore digital solutions like Razorpay that eliminate manual certificate requests and accelerate GST refund cycles.<\/span><\/p>\n<h2><b>FAQs:<\/b><\/h2>\n<h3><b>1. What is the main difference between FIRC and BRC?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">FIRC (or FIRA) serves as proof that foreign currency has entered your bank account, whereas a BRC acts as proof that a specific export obligation has been legally fulfilled and reconciled against a shipping bill.<\/span><\/p>\n<h3><b>2. Is FIRC mandatory for claiming GST refunds on exports?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Yes, proof of foreign inward remittance is mandatory to claim GST refunds; however, for trade transactions, this proof is now provided as a FIRA or Inward Remittance Advice rather than a physical FIRC.<\/span><\/p>\n<h3><b>3. Why do banks refuse to issue physical FIRCs for service exports?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Following 2016 RBI guidelines, banks transitioned to the Export Data Processing and Monitoring System (EDPMS), replacing physical FIRCs for trade with digital FIRAs or advice slips to streamline compliance and digitisation.<\/span><\/p>\n<h3><b>4. How do I generate an e-BRC under the new DGFT rules?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Exporters must log in to the DGFT portal, locate the Inward Remittance Message (IRM) uploaded by their bank, and self-certify the payment against their Shipping Bill or SOFTEX form to generate the e-BRC. See DGFT FAQs on Self Certification of eBRC for detailed steps.<\/span><\/p>\n<h3><b>5. Can I claim export incentives without a BRC?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">No, a valid Bank Realisation Certificate (BRC) is strictly required to claim benefits under government schemes like RoDTEP and to close open entries in the RBI EDPMS system.<\/span><\/p>\n<h3><b>6. How long does it take to get a FIRA from a traditional bank?<\/b><\/h3>\n<p><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Obtaining a FIRA from a traditional bank typically involves a manual request process and can take between 7 to 15 days, often accompanied by an issuance fee per document ranging from \u20b9200 to \u20b91,000.<\/span><\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the main difference between FIRC and BRC?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"FIRC (or FIRA) serves as proof that foreign currency has entered your bank account, whereas a BRC acts as proof that a specific export obligation has been legally fulfilled and reconciled against a shipping bill.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Is FIRC mandatory for claiming GST refunds on exports?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Yes, proof of foreign inward remittance is mandatory to claim GST refunds; however, for trade transactions, this proof is now provided as a FIRA or Inward Remittance Advice rather than a physical FIRC.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Why do banks refuse to issue physical FIRCs for service exports?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Following 2016 RBI guidelines, banks transitioned to the Export Data Processing and Monitoring System (EDPMS), replacing physical FIRCs for trade with digital FIRAs or advice slips to streamline compliance and digitisation.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How do I generate an e-BRC under the new DGFT rules?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Exporters must log in to the DGFT portal, locate the Inward Remittance Message (IRM) uploaded by their bank, and self-certify the payment against their Shipping Bill or SOFTEX form to generate the e-BRC. 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Your chartered accountant asks for an FIRC, the bank says they issue FIRA, and DGFT mentions something about e-BRC. These three acronyms, FIRC (Foreign Inward Remittance Certificate), FIRA (Foreign Inward Remittance Advice), and BRC<\/p>\n","protected":false},"author":142,"featured_media":26437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1067],"tags":[],"class_list":{"0":"post-25520","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cross-border"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/142"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=25520"}],"version-history":[{"count":3,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25520\/revisions"}],"predecessor-version":[{"id":25523,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25520\/revisions\/25523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/26437"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=25520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=25520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=25520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}