get-free-advice
Clara Icon MEET CLARA - THE AI BEHIND SMARTER SOFTWARE CHOICES
Get Started
/*
Loading...
*/

About FxLayer

Clara AI Deep Dive with Clara AI

FxLayer is a FEMA compliance platform for Indian businesses that trade or pay across borders. Your ERP keeps the books; FxLayer takes the foreign side. It reads invoices and parties from Tally Prime, Zoho Books, SAP, Dynamics 365 Business Central, NetSuite, Odoo or QuickBooks Online, or from Excel/CSV, and brings in only the foreign entries for review. Nothing is written back to the ERP. MT940 statements and MT103 copies are read directly. Bills of Entry and Shipping Bills are matched to remittances with scored, explained suggestions. IDPMS, EDPMS and merchanting windows are tracked per record, with overdue alerts and a compliance simulator. Form A1/A2, bank request letters and declarations are drafted from the record for any AD bank. For services payments abroad, the treaty article, TDS and Form 145 part are worked out before the payment is made; receipts are declared on the monthly EDF and closed with FIRA and e-BRC. Each AD bank's FX quote is compared with the interbank mid-rate, and RoDTEP and Duty Drawback are recorded against each Shipping Bill. FxLayer does not file anything on your behalf: it prepares the papers and your AD bank reports closures. Data is stored on servers in India. Start with a free workspace, no card needed.

Read more

Screenshots & Videos

FxLayer home

Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    60%
  • Reviews
    60%
  • Momentum
    60%
  • Popularity
    60%

Platforms Supported

  • Browser Based (Cloud)

Organization Types Supported

  • All (Small, Medium, Large)
  • Freelancers

API Support

  • Not available

Modes of Support

  • Online

FxLayer Features

Regulatory Change Management Features

  • Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    60%

Regulatory Change Tracking

Policy & Document Management

Audit Trails & Reporting

Workflow Automation

Automatically execute mundane and repetitive processes or workflow so that employees can focus on productive work

Compliance Management

Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed

Impact Assessment

AI/Machine Learning

Risk Assessment

Helps to analyze the potential risk factors that cause harm to the business

Treasury Management System Features

ERP Integration

Seamlessly integrates with leading systems such as SAP, Oracle, and NetSuite.

Bank Connectivity

Seamlessly integrates with multiple banks through SWIFT, host-to-host connections, or APIs.

Hedging and Derivatives Management

Use derivatives to hedge risk, align assets and liabilities, minimize balance sheet impact, and stabilize credit union margins.

Fraud Detection and Control

Identifies suspicious transactions and ensures dual control measures are in place.

Investment and Debt Management

Monitors corporate borrowing, repayments, and investment activities

Bank Account Management

Consolidates account information, balance summaries, and authorized signatories in one place.

Cash and Liquidity Management

Offers real-time insights into cash positions across all accounts, ensuring clarity and control over your finances.

Risk Management

Monitors and manages financial risks such as foreign exchange, interest rate, counterparty and liquidity risks.

Cash flow Forecasting

Helps to measure the financial position of an entity in the future using cash in and cash out of a business

Payment Processing

Helps to manage automated transactions across various online channels
FxLayer Pricing

Free Trial

Available

No Credit Card Required, Get Started for Free

Pricing Options

Freemium ( Limited Features )

Premium Plans ( Subscription / Quotation Based )

Screenshots of Vendor Pricing Page

Pricing screenshot

Learn more about  FxLayer Pricing

FxLayer Alternatives

View All FxLayer Alternatives

FxLayer Reviews

Do You Use FxLayer?

Be The First One To Review!

Write a Review

FxLayer Screenshots

FxLayer FAQs

What is FxLayer?

A FEMA compliance platform for Indian businesses with foreign trade and cross-border payments. It keeps import, export, merchanting and services records reconciled, drafts and signs bank paperwork, and works out the tax position. Your ERP stays the system of record.

Is FxLayer a regulator or a bank?

No. Filings and closures are made by your AD bank, and your bank's instructions always prevail.

Does it submit anything to RBI or my bank for me?

No. It prepares the letters, declarations, Form 145 drafts and register packs, and tracks what you mark as submitted. On Enterprise it can email the signed package to your bank from the record. You stay in control of what goes out.

Which rules does it apply?

Export realisation within nine months of export (twelve when invoiced in rupees); shipment within 365 days of an export advance; a Bill of Entry within 180 days of an import advance; merchanting legs at most six months apart for trades from 1 October 2026; closure write-offs within the lower of 5% or USD 1,000; and the DTAA, TDS, Form 145 and GST rules for services payments. Windows and tolerances can be adjusted per workspace.

Does it change my ERP data?

No. FxLayer reads your ERP and never writes back. Every entry waits in a review queue first.

Can I bring my existing spreadsheets and bank statements?

Yes. Upload Excel or CSV registers using the templates, upload your AD bank's MT940 statement directly, and export any register back to .xlsx.

Which banks does it work with?

Letters and forms work for any AD bank, on your letterhead and in the bank's own format. API connections, where the bank publishes them (for example ICICI, HDFC, Axis), are on Enterprise.

Where is my data stored?

On data servers in India. AI features you choose to use (Workbench, document reading, AI drafting) send only the documents you give them to the AI provider's cloud outside India.

Is there a free plan?

Yes. The free workspace needs no card and gives you up to 10 records, and remittances count towards them.

I'm a freelancer without GST registration. Can I use it?

Yes. Sign up as an individual with your PAN. Services need no IEC. The Freelancer plan is ₹499 a month after the free records.

How do CA and CS firms work with FxLayer?

Through the free partner programme: one console for every referred client's compliance status, consent-gated client access, and a recurring share of each client's plan. Apply at https://fxlayerhq.com/partner-signup.

What is FxLayer used for?

FxLayer is Regulatory Change Management Software. FxLayer offers the following functionalities:

  • Regulatory Change Tracking
  • Policy & Document Management
  • Audit Trails & Reporting
  • Workflow Automation
  • Compliance Management

Learn more about FxLayer features.

Does FxLayer provide API?

No, FxLayer does not provide API.

FxLayer Contact

Vendor Details

Not available

Contact Details

Not available

https://fxlayerhq.com

Social Media Handles

Not available

FTC Disclosure

SaaSworthy may receive compensation from some vendors featured on this page. This does not influence our editorial evaluation or ratings. [email protected]

We understand SaaS better

SaaSworthy helps stakeholders choose the right SaaS platform based on detailed product information, unbiased reviews, SW score and recommendations from the active community.

icon

Buyers

Looking for the right SaaS

We can help you choose the best SaaS for your specific requirements. Our in-house experts will assist you with their hand-picked recommendations.

icon

Makers

Want more customers?

Our experts will research about your product and list it on SaaSworthy for FREE.

Get Listed