How Indian Manufacturers Can Comply with FIRC when Receiving Payments from Marteu in Stripe Connected Account
When Indian manufacturers receive international payments through Marteu using Stripe’s connected account, compliance with Indian regulations is crucial. One of the most important compliance requirements is obtaining a Foreign Inward Remittance Certificate (FIRC), which serves as proof of foreign currency payments received in India. Overview In this guide, we’ll walk you through the steps for Indian manufacturers to comply with FIRC requirements. Since Stripe partners with Citibank in India, the process will involve coordinating with them via email to request the Payment Advice. Steps to follow Prerequisite: Ensure