eBRC Certificate As Exporter

eBRC Certificate is issued by banks to the exporter to claim advantages under the numerous foreign trade policy systems. eBRC is an initiative to promote the paperless service, and the DGFT has created a digital media for the Financial institution. Using the eBRC system, financial institutions can electronically transmit foreign exchange information from banks to the DGFT server. The use of digital certification safeguards this procedure. Currently, there are 132 banks for which DGFT is providing this facility.
BRC is a significant record which an exporter needs to submit as verification of export. A Bank Realization Certificate or BRC is an authentication given by Banks to affirm that the exporter has received payment against his purchaser’s products’ fare.