Rupee Payment Mechanism & EDPMS

Rationale

In the evolving landscape of international trade, the Rupee Payment Mechanism emerges as a pivotal tool, particularly for Indian exporters and importers. Coupled with the Export Data Processing and Monitoring System (EDPMS), it forms an integrated framework for streamlined and efficient trade transactions. This seminar aims to explore the nuances of these mechanisms, their impact on global trade, and the way they reshape the financial dynamics of export-import activities.

Objective or Outcome

The primary goal of this seminar is to equip participants with in-depth knowledge of the Rupee Payment Mechanism and EDPMS. It seeks to enhance understanding of their operational frameworks, benefits, and challenges, thereby enabling exporters and importers to effectively navigate these systems for optimal trade benefits.

Content:

Key Knowledge Area ll Conceptions ll Vostro Account ll Nostro Account ll Rupee Trade Mechanism Benefits ll Miscellaneous ll International Agreements ll Rupee Trade Mechanism – Implementation Challenges ll FEMA Correlation ll FEMA Provisions Relating to Export of Goods & Services ll Life Cycle of an Export Order – Exporter ll eBRC ll Export Bills and Payments – EDPMS ll Export Bills Shipments, Submissions to Bank, Payments, and Closure ll FEMA / RBI Guidelines & Facilities ll Pre EDPMS ll Export Bill Regularization

Target Audience

This seminar is ideal for entrepreneurs, business owners, and decision-makers in SMEs and MSMEs in international trade and finance. It is particularly beneficial for those seeking to deepen their understanding of the Rupee Payment Mechanism and EDPMS and their implications in global trade.