We don't send your bank a brochure. We send the three pages that let them answer their three questions and close EDPMS against the right bill.
answers: assignment confirmation and third-party receipt basis
answers: ties our payment reference to your bill for closure
answers: advance, discount and reserve — explains the reduction in realized value
Your bank's own process and judgment govern — the pack informs it, and your RM can contact our desk directly. This pack assists — it never replaces — the exporter’s own FEMA and EDPMS compliance.
Written notices to you at T-90, T-60, and T-30. At T-60 we advise you to speak with your bank about its extension process.
Realization and reporting obligations remain with you and your AD bank. This pack assists — it never replaces — the exporter’s own FEMA and EDPMS compliance. Please upload FIRA, eBRC, or EDPMS closure references when available.
Preview the clock on a sample deal →A short, plain-language note your RM can read in a minute — the third-party receipt basis, the reduction treatment, and the EDPMS mapping, with the sample pack attached.
Dear Relationship Manager,
Our exporter has assigned the export receivable from this bill to FinanceCo, who remits directly. Please find attached the AD-Bank Pack — cover note (permitted third-party receipt basis), the invoice ↔ shipping-bill map tying our remittance reference to the bill for EDPMS closure, and the money schedule (advance, discount, reserve).
[Draft pending counsel review — final RM note is a counsel-owned artifact.]
The cover note sets out the assignment and the receipt basis with references for your file. Your bank’s own process governs.
The money schedule states advance, discount, and fees line by line. The reduction in realized value is documented, not hidden.
Your bank does. The mapping table ties our remittance reference to the shipping bill so the entry can be closed against the right bill.
Yes. The receivable was assigned; the cover note documents the chain of assignment.
RM with a question about a client's file?
Talk to our desk