Koin Remit

Kivi3 Technologies

About this app

Koin Remit - Receive Money App (For Receivers in India Only)

Koin Remit lets you receive money sent by family and friends abroad to your Indian bank account. This app is for RECEIVERS in India. If you are sending money from abroad, please look for the Koin Remit Sender app in your country instead.

WHO THIS APP IS FOR
Use this app if you are based in India and want to receive money sent to you by someone abroad. This app cannot be used to send money out of India.

HOW IT WORKS
1. Create your account with your mobile number and set a secret PIN.
2. Complete identity verification (KYC) using your PAN and Aadhaar, as required under Indian regulations for receiving and off-ramping stablecoins. Your documents are verified by our local licensed Indian partner. Kivi3 does not make the verification decision and does not store your Aadhaar document.
3. Add the person sending you money as a contact, and send them a request specifying the amount.
4. Once your sender completes payment through Koin Remit Sender, processed by the sender's licensed payment partner, the transfer becomes available in your Koin Remit Receiver app.
5. Withdraw the received amount to your linked, verified Indian bank account. The funds are converted and settled into Indian Rupees by our licensed Indian partner.

WHY KOIN REMIT
- Request and receive eligible transfers from family and friends abroad.
- View your available balance, transaction history, and remaining monthly limit in the app.
- Identity verification and compliance checks are performed by our licensed Indian partner.
- Your funds are never held or controlled by Kivi3.

REGULATORY POSITION - INDIA
Koin Remit is a technology platform operated by Kivi3 Technologies Limited. Kivi3 provides the software, wallet infrastructure, and app experience that lets you request and track transfers. Kivi3 does not itself act as an authorised dealer, payment system operator, payment aggregator, money transmitter, or virtual digital asset service provider in India, and Kivi3 does not at any time hold, custody, or control your funds.

All regulated receiving-side activities are performed by our licensed Indian partner, ANQ Digital Finserv Private Limited, an entity registered with the Financial Intelligence Unit - India (FIU-IND), Corporate Identity Number U72900KA2022PTC160654 and FIU-IND VASP Registration No. VA00035721.

ANQ Digital Finserv is responsible for:
- Recipient identity verification (KYC) using PAN and Aadhaar
- Anti-money laundering (AML) and sanctions screening
- Currency conversion and INR settlement
- Payout to your verified bank account
- Applicable regulatory reporting, including Tax Deducted at Source (TDS) under Section 194S of the Income Tax Act, where relevant

The sending side of each transfer, including identity verification and payment collection from the person sending you money, is performed by that sender's own licensed payment partner in their country of residence, in accordance with the regulatory requirements applicable there. Kivi3 does not perform sender-side verification or fund collection.

A monthly receiving limit applies in line with regulatory guidance; your current available limit can be viewed in the app.

SECURITY & COMPLIANCE
We will never ask for your PIN, password, Aadhaar number, or one-time verification code by phone, SMS, WhatsApp, or email outside the app. Genuine Koin Remit email communications only come from the koinremit.com domain.

Koin Remit is operated by Kivi3 Technologies Limited, incorporated in the Dubai International Financial Centre (DIFC), United Arab Emirates, Registration No. 12205.

Note: This listing is for the RECEIVER app for use in India. Senders abroad should download the separate Koin Remit Sender app available in their own country.

What’s new

Improved Terms and Privacy content in your selected language, including updated Hindi translations and localized offline content.
Fixed keyboard overlap and validation across account creation, Reset PIN, Personal Info, KYC, Bank, Contacts, and transfer forms.
Improved Bank Account status refresh, transaction amount formatting, Add Bank input handling, and stable date-picker month switching.