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An eBRC (Electronic Bank Realisation Certificate) is an extremely important digital certificate for those involved in the export business. It is issued by a bank as confirmation that the exporter has acquired payment from the buyer against the export of products or services. This post-shipment Export Document is one of the important documents. In simple terms, an eBRC is proof of export. An exporter needs an eBRC in order to take advantage of the various export incentives provided by the government. The DGFT additionally implements the eBRC platform, which lets in banks to electronically add to the DGFT server all overseas exchange realisation-associated statistics associated with exports. This information is transmitted via a digital certificate i.e eBRC. Banks issue/upload the Bank Realisation Certificate (BRC) based on the completion of the payment. Any organization claiming Export incentives under  Foreign Trade Policy is needed to connect legitimate e-BRC as evidence of the re...

                                                                              Exporting typically involves a number of unique risks that may be unfamiliar to traders or business owners used to trading domestically. A bill of exchange helps offset some of the risks associated with exporting. Long-term commercial contracts between companies in different countries can be severely affected by exchange rate fluctuations, so fixed payment terms in a bill of exchange give exporters the security of a fixed price. A bill of exchange is a written order, used primarily in foreign trade, requiring one party to pay another party a fixed sum of money at sight or by a specific date. It is used in international transactions as a negotiation tool. It also offers protection to an exporter. By writing a bill of ex...