What changed
RBI replaced multiple separate export returns (XOS, ENC, Sch.3-6, EBW, ETX) with a unified IT system called EDPMS. Primary export data from Customs/SEZ/STPI will flow to RBI's server and be shared with banks; AD banks must upload/download data daily. AD transfer requests (for export documents handled by a different bank) will be processed within 7 days via EDPMS, eliminating paper NOCs.
What it means for you
Banks will now manage all export-related reporting through a single online platform, reducing manual effort and errors. Real-time data sharing with RBI enables faster follow-up on export proceeds and better monitoring. AD banks must adapt to daily data submission and the new AD transfer workflow, which streamlines inter-bank coordination.
What you must do
- Submit the fill-in form for EDPMS user credentials to RBI by February 10, 2014 via email.
- Prepare to download/upload export transaction data on a daily basis once the system goes live.
- Train staff on the new EDPMS platform and the 7-day AD transfer request approval process.
- Notify exporters about the upcoming system change and parallel run with the old system.
Who it affects
All Category-I Authorised Dealer banks, Exporters dealing with AD banks, RBI's export monitoring division
What is the cut-off date for switching to EDPMS?
RBI will notify the cut-off date shortly. After that date, all new shipping documents must be reported in EDPMS; old documents continue in the legacy system until completion.
How will AD transfer requests work in EDPMS?
Banks can raise AD transfer requests electronically within EDPMS when export documents are submitted to a different AD. The receiving bank must approve or disapprove within 7 days, eliminating paper NOCs.
What happens to old export returns during the transition?
Both old and new systems will run in parallel for some time. Old shipping documents will still be reported in the legacy system until their cycle ends.