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What is international remittance and when should I use it?

Written by Tarun Mangukiya
Updated today

International remittance refers to the process of sending money across borders β€” typically from someone earning abroad to a recipient in their home country.

How it works on Kosh

If you earn in crypto through global clients, companies, or freelancing platforms, you can use Kosh's international off-ramp to convert your crypto into your local currency. Kosh's payment partners handle the conversion on the global market and transfer the funds directly to your local bank account as a remittance.

When should I use it?

International remittance is the right option when:

  • You are receiving payments from outside your home country

  • You want to convert crypto earnings directly into local currency

  • You need a FIRC (Foreign Inward Remittance Certificate) as proof of foreign income β€” particularly relevant for India

Transaction limits

There is no transaction limit for international remittance. However, large transfers may require additional documentation such as invoices, contracts, or proof of funds before they can be processed.

International remittance services are subject to applicable laws and regulations in your jurisdiction. Kosh does not provide tax or legal advice. Please consult a qualified professional for guidance specific to your situation.

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