MEDIUM
DGFT Trade Notice 20/2026-27 · 2026-08-12
SOP for NBFC Factor inward remittance reporting via eBRC system
DGFT has issued a Standard Operating Procedure for how NBFC Factors must report inward remittances to banks and exporters using the eBRC (Electronic Bank Realisation Certificate) portal. Exporters can now view remittances from factors on the DGFT portal and self-certify their export documents. AD-II entities (non-bank) can now also handle foreign trade transactions up to ₹25 lakh per transaction.
Action: NBFC Factors must use prescribed SWIFT message text 'AD-AD(P0092) EXP FACTORING PROCEED' when remitting factoring proceeds; AD-I Banks must not create IRMs for FCY funds from factors; exporters should reconcile factor remittances on DGFT eBRC portal and self-certify.
Who is affected: All exporters, NBFC Factors, AD-I Banks, AD-III factoring entities, and newly licensed AD-II non-bank entities receiving export proceeds through factoring.
Deadline: Not stated
HS codes: —
हिंदी: NBFC Factor आंतरिक प्रेषण रिपोर्टिंग के लिए SOP
Original title: Inviting comments/suggestions on Draft Standard Operating Procedure (SOP) for reporting of Inward Remittance Messages pertaining to NBFC Factors.
Official document
Deadline: Not stated
HS codes: —
हिंदी: NBFC Factor आंतरिक प्रेषण रिपोर्टिंग के लिए SOP
Original title: Inviting comments/suggestions on Draft Standard Operating Procedure (SOP) for reporting of Inward Remittance Messages pertaining to NBFC Factors.
Official document