e-BRC (Electronic Bank Realisation Certificate)
An electronic certificate confirming an exporter has received payment for a shipment, generated after funds are realised.
Definition
The Electronic Bank Realisation Certificate is generated once payment for an export shipment has been received and processed by the exporter's bank. It is part of the standard post-shipment documentation trail and is often required to claim export incentives.
Why It Matters
It closes the compliance loop on a consignment, confirming that the underlying trade was genuinely settled.
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