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The Directorate General of Foreign Trade launches a pilot of the upgraded electronic Bank Realisation Certificate system. The system enables exporters to self-certify electronic Bank Realisation Certificates based on inward remittance messages transmitted directly by banks. Exporters match remittance messages with shipping bills, SOFTEX, or invoices. Banks push remittance messages pertaining to trade accounts only. The soft launch begins on 15 November 2023. Banks set individual cut-off dates based on readiness and complete API integration by 31 January 2024. Both upgraded and legacy systems operate simultaneously until all banks transition.
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Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi Date: 10th November 2023
Trade Notice 33/2023-24
To
Subject: Pilot Launch of the Upgraded Electronic Bank Realization Certificate (eBRC) system for self-certification by Exporters -reg
Self-Certification for Exporters: Reference Para 1.07 of the Foreign Trade Policy, it is a commitment of this directorate to facilitate exports and imports, with a focus on efficient, transparent, and accountable delivery systems. To further improve trade facilitation for exporters, this directorate has implemented an enhanced electronic Bank Realisation Certificate (eBRC) system. This more streamlined process is based on electronic Inward Remittance Messages (IRMs) to be transmitted directly by banks to DGFT. Based on the IRMs received, the exporters shall self-certify their eBRCs.
Pilot Launch: A soft launch of the revamped eBRC system is proposed with effect from 15th November 2023. Starting from given date, each bank will set its cut-off date based on their readiness after completing User Acceptance Testing (UAT). IRMs dated on or after this bank-specific cut-off date will be sent to DGFT for exporters' self-certification. For IRMs generated before this date, banks will generate eBRCs and submit them to DGFT, as per the legacy eBRC process. Both the upgraded and legacy eBRC systems will operate simultaneously until all banks transition to the upgraded eBRC system. The DGFT Website will host the list of banks with their respective IRM cut-off dates for reference of all stakeholders.
Mandatory API Integration: For prompt data exchange, all banks must integrate using Application Programming Interface (API). Exceptions, if any, would require a detailed justification. Banks are accordingly required to transition to API integration with the upgraded eBRC systems latest by 31st January 2024.
Outreach & Awareness: The revamped eBRC system's user guide and Frequently Asked Questions (FAQs) will be available on the DGFT Website under the Learn Section. Additionally, DGFT will organize Exporter Outreach Programs to demonstrate and raise awareness about the revamped eBRC facility.
Feedback: Concordance of the purpose codes to the eBRC fields may be perused by navigating to the DGFT website --> Services --> eBRC. The validation rules used for eBRC generation are also available there for your reference. Stakeholder feedback (if any) on the concordance or the rulesets may be submitted to ebrc-dgft@gov.in
Support Channels: Exporters and other stakeholders may contact the DGFT Helpdesk for eBRC-related issues, suggestions, or feedback through the following channels -
This is issued with the approval of competent authority.
[Image omitted. See the official document.]
(Md. Moin Afaque)
Deputy Director General of Foreign Trade
e-mail: ebrc-dgft@gov.in
(Issued from File No. 01/02/127/AM22/EG&TF)
