How to Issue eBRC (Electronic Bank Realisation Certificate) - RBI rules in India
According to Reserve Bank of India update as on 08th January 2021, the directions on Indian importer bank procedures to issue eBRC is given below:
C.30 Issuance of Electronic Bank Realisation Certificate (eBRC)
AD Category-I banks are required to update the EDPMS with data of export proceeds on “as and when realised basis” and, with effect from October 16, 2017, they are required to generate Electronic Bank Realisation Certificate (eBRC) only from the data available in EDPMS, to ensure consistency of data in EDPMS and consolidated eBRC.
Bank directions to be read by each Exporter in India
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