Bank Realisation Certificate (BRC) is issued by Banks based on realisation of payment against export by an Exporter. Any firm applying for benefits under Foreign Trade Policy is required to furnish valid BRC as a proof of realisation of payment against exports made.

Is BRC required for export of services?

Foreign Inward Remittance Certificate (FIRC) or Bank Realization Certificate (BRC) is not required to be submitted by exporters now to claim benefits from Director General of Foreign Trade.

When did e BRC start?

Before the DGFT introduced the eBRC platform in 2012, the process was entirely manual. The exporter had to visit their bank and request a Bank Realisation Certificate (BRC), which the bank provided in physical form.