Withdraw to the Bank
Indian Individuals
FIRC Support: Yes ✅
Example: An individual in India receiving funds from Copperx
Note: You can request FIRC once your transaction is completed (Purpose code support coming soon)
Important: FIRC support for Indian individuals is limited and may be paused at any time depending on banking partnerships or regulatory constraints.
Recommendations for Indian Freelancers & Employees who get Paid in Crypto:
If you’re receiving salary or freelance income in crypto while based in India:
Ask your company to onboard with Copperx for compliant payouts.
We offer seamless USDC to INR salary payments, including FIRC issuance where applicable
2. Indian Businesses
FIRC Support: No ❌
Example: A company registered in India wants to receive funds via Copperx in its own bank account
Reason: Domestic INR settlements do not qualify as foreign remittance.
Salary and Vendor Payouts
From Indian Businesses
FIRC Support: No ❌
Example: An Indian company paying employees or vendors in India via Copperx
Reason: The Sender and receiver are both in India, hence this is not a foreign remittance.
2. From Non-Indian Businesses
FIRC Support: Yes ✅
Example: A company outside India paying Indian employees or vendors through Copperx
FIRC Price.
The charge for FIRC has been reduced to $9 per request, down from $29. Please note that FIRC must be requested within 10 days of receiving the payment.
Submit your FIRC certificate request here: https://buy.copperx.io/payment/payment-link/77d45897-b8a3-412a-879a-8a0d623868e4
Once the payment is completed, you'll receive the FIRC via your registered email within 10 business days. If our banking partner is unable to issue the FIRC for any reason, the fee will be fully refunded.