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EBRO Bank Realization Certificate Message Exchange with Banks Version: 1.2.4Directorate General of Foreign Trade Ministry of Commerce & Industry Government of IndiaPrepared binational Informatics

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How to fill out e-brc

How to fill out e-brc:

01

Start by gathering all the necessary information and documents required to fill out the e-brc form. This may include details about the transaction, the exporter, the importer, and the banks involved.

02

Access the e-brc form through the designated platform or website. Ensure that you have a stable internet connection and any required login credentials.

03

Begin by entering the relevant information about the exporter. This may include their name, address, contact information, and tax identification number. Double-check for any errors or typos.

04

Proceed to enter the details about the importer. Include their name, address, contact information, and tax identification number. Again, verify the accuracy of the information before moving forward.

05

Next, input the specific details of the transaction. This includes the nature of the goods being exported, the total value of the transaction, the currency involved, and any additional charges or fees.

06

Provide information about the banks involved in the transaction. This typically includes the names of the exporter's bank, the importer's bank, and any intermediary banks. Also, include the necessary bank codes or identification numbers.

07

Carefully review all the entered information to ensure accuracy and completeness. Make any necessary corrections or additions before proceeding.

08

Once you are confident that all the information is correct, submit the e-brc form electronically. Take note of any confirmation or reference numbers provided.

Who needs e-brc?

01

Exporters: Exporters who engage in foreign currency transactions need an e-brc. It is mandatory for them to fill out the form to record and report these transactions accurately.

02

Importers: Importers who engage in foreign currency transactions also require an e-brc. This helps monitor and regulate the inflow and outflow of foreign currency in the country.

03

Banks: Banks play a crucial role in facilitating foreign currency transactions. They are responsible for verifying and processing e-brc forms to maintain transparency and compliance with regulations.

In conclusion, anyone involved in foreign currency transactions, including exporters, importers, and banks, needs to fill out e-brc forms. It ensures proper documentation, transparency, and adherence to currency regulations.

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What is e-brc?

E-BRC stands for Electronic Bank Realization Certificate. It is a digital document used in India for the collection of foreign exchange proceeds.

Who is required to file e-brc?

Exporters are required to file e-brc for all export transactions involving foreign exchange.

How to fill out e-brc?

E-BRC can be filled out online through the E-BRC portal using digital signatures.

What is the purpose of e-brc?

The purpose of e-brc is to monitor and track foreign exchange earnings from export transactions.

What information must be reported on e-brc?

Information such as export invoice details, shipping bill details, foreign currency conversion rates, etc., must be reported on e-brc.

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