1. Directorate General Of Foreign Trade
eBRC
2/15/2019
dgft.gov.in

2. e Bank Realization Certificate
Overview
About DGFT and its IT initiatives
About eBRC
Realisation that eBRC project will benefit all stakeholders
Becomes top priority project for the top boss
Pilot launched on June 5, 2012.
Made mandatory w.e.f Aug 17,2012
15 Months of successful operations
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3. e Bank Realization Certificate
3 components
Standardization of processes
Reduction in physical interfaces
Creation of an eBRC repository
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4. e Bank Realization Certificate
Coverage
All Indian Banks and NBFCs on board
100% coverage of all Forex realized throgh trade
All exporters using Bank and DGFT services using eBRC platform
States using eBRC data for faster refund of VAT
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5. e Bank Realization Certificate
eBRC architecture
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6. e Bank Realization Certificate
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7. e Bank Realization Certificate
Trade Facilitation(1)
Trading Community
Benefit of Rs. 1000/- per BRC
No follow up with banks
No physical interface with Govt Agencies and paperless operation
Turnaround time reduced enormously
Banks
Manpower freed from issuance of eBRC
No storage of physical BRC records
2/15/2019
e Bank Realization Certificate

8. e Bank Realization Certificate
Trade Facilitation(2)
DGFT
Application processed on the basis of authentic digitally signed data
No re-verification with banks
Paperless application processing
Other Govt agencies
Getting real-time data for monitoring and trade facilitation.
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9. e Bank Realization Certificate
Major Change issues
Bottlenecks
Fear of unknown
Challenges
Acceptable BPR to all stakeholders
Common plateform
Constraints
Quality manpower
Apprehensive Govt. stakeholders
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10. e Bank Realization Certificate
Methodology
Software development methodology:Agile software development methodology was adopted where a group of software development methodologies i.e waterfall, spiral, RAD based on iterative development, where requirements and solutions evolved via collaboration between cross-functional teams. 
Project architecture: The project was implemented in Service Oriented Architecture (SOA) with provision for XML based interface
Database: DB2 9.7
Front end: Java
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11. e Bank Realization Certificate
Standards Used
Following standardized UN codes were used in the system:
UN LO-CODES for Country
UN LO-CODES for Ports
UN CODES for UNIT of MEASUREMENT for International Trade
INDIAN FINANCIAL SERVICES CODES ( IFSC) CODE FOR BANKS
STANDARD Importer Exporter Code for Trading Community
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e Bank Realization Certificate

12. Rs. 2000+ Crore (US $ 400mln)savings per annum!
Consideration (Only Tangible items)
Saving Value in Rs. (Eq. US$)
bank branches issuing eBRC
Saving of 5000 man 10,00,000/-
500 Crores (US $100mln)
Reduction in fee for eBRC average of Rs.1000/ - per BRC for 5 mln BRCs
500 Crores(US $100mln)
Trading community manpower freed by conservative estimates 100,100 at a low salary of Rs.100,000/- per annum.
Note: there are 700,000 registered exporters in India and average minimum CTC is Es. 500,000 per person
1000 Crores(US $200mln)
Total
2000+ Crores (US$ 400+) including saving by Govt agencies etc.
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13. Estimated annual savings for all stakeholders-Rs. 2000+ crores
Measurable gains to all Stakeholders Tasks associated with each eBRC: Before and After C
Tasks
Before
After
Exporters
No of visits to Banks
4-5
Bank Charges-Rs
1000
250
Data Feeding requirement for filing DGFT application
Yes No
Time taken by a bank for issuing a BRC
Days
2 hour-1 day
Banks
Processing
5 step, Manual
automated
Interface with exporter
Large
Zero
Did banks certify Information not available in Core banking software
DGFT
Data entered verified by DGFT
Calculation of Exporter’s benefit
Manual
Automatic
Verification of sample BRC from the banks
Estimated annual savings for all stakeholders-Rs crores
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14. e Bank Realization Certificate
Sustainability
Stakeholders Gains
Low cost operations
Standardized product
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Copyright © 2007, SAS Institute Inc. All rights reserved.

15. e Bank Realization Certificate
eBRC+
Better security provisions for data access
Scope for Improvement
Can be replicated with just change in parameters for any country with similar requirements
Scope for Replication
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16. e Bank Realization Certificate
Learnings
Organization's head must lead from the front
BPR before automation+ Domain Knowledge
Being responsive to stakeholders’ sensitivities
Communication with stakeholders
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17. e Bank Realization Certificate
Testimonials
Sandeep Kulshrestha, Assistant Vice President, Citibank N.A.
Faster turnaround towards of BRC issuance, since there is no requirement to print, sign and dispatch to clients like physical BRCs
Reduction in errors associated with BRCs since minimal information required (Compared to paper BRC) for eBRC upload
Reduced issuance of customized BRCs as the eBRC fields are standardized
OP Hisaria, Sr VP, Reliance Industries Limited
Introduction of e-brc has not only removed the drudgery out of the process but also reduced transaction cost and time. The process has also brought uniformity in understanding of Policy by Banks.
This is one measure in recent time which demonstrated effective use of technology to reduce transaction cost on exports.
Ajay Sahai, DG, CEO, Federation of Indian Exporters Organizations( FIEO)
eBRC is a novel initiative of gigantic order.
..both Centre and States have benefitted
transaction cost of exporters .. has curtailed significantly. Adding to liquidity
Bank
Industry
Exporter Body
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18. Looking forward to seeing you again anilksinha@nic.in sajay@nic.in
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e Bank Realization Certificate