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kathiresh

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FIRC vs FIRA vs Advice: What’s the Difference?

If you’re a freelancer or business owner in India receiving money from international clients, you’ve likely come across confusing terms like FIRC, FIRA, or just “remittance advice.” But what do these mean? Which one applies to your case? And how do you use them as proof of inward remittance for compliance, taxes, and benefits? This

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How to Read a SWIFT MT103 (Field-by-Field Guide)

If you’ve ever sent or received an international wire, you’ve probably been asked: “Can you send me the MT103?” Think of it as both the receipt and the routing map for a cross-border transfer. In simple terms, an MT103 is a standardized SWIFT message that shows: An MT103 is widely accepted as proof of payment

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