Trade words
Export Data Processing and Monitoring System
RBI's system that records each export against your bank and keeps it open until the bank marks it paid. If one stays unpaid a year past its deadline, later exports need full advance payment or an irrevocable letter of credit.
Set by RBI
Lesson 125 min readShipping bill and Let Export OrderHow you declare an export on ICEGATE, how customs clears it, and how the same shipping bill reaches your bank and your export incentives.
Lesson 205 min readGetting paid: advance, LC, DA and DPThe main ways an exporter gets paid, the risk each puts on you and your buyer, how documents move through banks, and how to check a buyer.
Lesson 216 min readRBI's payment rules and deadlines (FEMA 2026)RBI's export and import payment rules from 1 October 2026: declaring exports, the deadline to be paid, extensions, set-off and paying for imports.Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.