*You get a FIRA when the payment settles through a bank, not when it lands in a wallet.*

You get a FIRA for a USDT or USDC payment when the payment settles through a bank. With DashX, Bridge or another licensed provider converts the stablecoin to USD outside India, JPMorgan receives the dollars and credits rupees, and JPMorgan issues the eFIRA for the USD amount. The eFIRA is your proof that foreign currency reached India through an authorised channel. On standard rails, the Authorised Dealer Category I bank that settles the payment, such as HDFC Bank, issues it.

## What a FIRA is and who issues it

FIRA stands for Foreign Inward Remittance Advice. An Authorised Dealer Category I bank issues it when it receives foreign currency for you. Freelancers and exporters use it to prove an export receipt to their accountant, their bank and the tax authorities. [FIRA vs FIRC](/blogs/fira-vs-firc-freelancers) explains how it differs from the older certificate, and [FIRA for freelancers](/blogs/what-is-fira-freelancers) covers the basics.

## Why a wallet transfer cannot produce one

| **Where the payment lands** | **Is a bank involved?** | **Do you get a FIRA?** |
| --- | --- | --- |
| Your personal wallet | No | No |
| Your exchange account, then sold for rupees | An exchange pays you, not a remittance bank | No |
| A DashX collection address, settled by a bank | Yes, an Authorised Dealer Category I bank | Yes, an eFIRA |

## What your eFIRA shows

| **Field** | **What it tells you** | **Why it matters** |
| --- | --- | --- |
| Remitter name and country | Who paid | It should match the client on your invoice |
| Foreign currency amount | The USD that settled | It should match your USD invoice, less any agreed charges |
| Rupee amount and rate | What reached your bank | It lets you reconcile your bank statement |
| Purpose code | What the payment was for | It supports your classification of the export. Our [purpose code guide](/blogs/purpose-code-for-freelancers) and the [purpose code finder](/tools/purpose-code-finder) help you choose |
| Date and reference | When it arrived and how to trace it | Auditors and banks use it to find the payment |

## How to get it with DashX

- Raise the invoice in dollars and choose the purpose code that matches the service you sold.

- When you confirm the payment, request the FIRA. The fee is USD 3 if you ask at confirmation and USD 4 if you ask later. It applies to stablecoin settlements only, and a FIRA on a fiat payment is free.

- After the bank settles the payment, download the eFIRA from your dashboard and file it beside the invoice.

The partner structure behind this is in [who handles what](/blogs/who-handles-what-stablecoin-payment): Bridge or another licensed provider converts the coin outside India, JPMorgan issues the document, and a PACB licensed partner in India operates the cross border leg. To see what a past payment cost you, run it through the [FIRA analyzer](/tools/fira-analyzer).

## What your accountant does with it

Your accountant uses the eFIRA to record the income against the right invoice, to support a zero rated export claim under GST, and to reconcile your records against the information the tax department holds about you. Our guides on [GST with a Letter of Undertaking](/blogs/lut-gst-guide-freelancers), [AIS and TIS](/blogs/ais-tis-freelancers) and [export documents explained](/blogs/export-documents-edf-softex-fira-ebrc) show where it fits.

## Four mistakes that cost freelancers time

- **Letting the client pay to a personal wallet.** No bank is involved, so no eFIRA can follow.

- **Choosing the wrong purpose code.** The code on the eFIRA should describe what you sold.

- **Asking for the FIRA late.** It costs more and takes longer to chase.

- **Invoicing under one name and being paid by another.** Tell your client to pay from an account in the name on the invoice, or keep a note that explains the difference.

## Frequently asked questions

**Is an eFIRA the same as a FIRC?** Both are bank issued proof of a foreign inward remittance. A FIRC is the older certificate, and many banks now issue a FIRA instead.

**Can I get a FIRA for USDT sent to my wallet?** No. A FIRA exists only when a bank receives foreign currency for you, and a wallet transfer does not involve a bank.

**Does the eFIRA show USDT or USD?** It shows USD. The bank receives dollars after the licensed provider converts the coin outside India.

**Do I need the FIRA for GST?** It supports your claim that the payment came in as foreign currency for a zero rated export. Your accountant decides what your filing needs.

**Need an eFIRA for a stablecoin payment?** [Sign up for DashX](https://gateway.dashx.xyz)