Murthy Srinivasa (4 Points)
16 December 2021HI WE HAVE EXPORTED OUR PRODUCTS TO THE CONSIGNEE IN IRAN THROUGH A BUYER IN ABU DHABI, UAE. THE PAYMENT ALSO WILL BE RECEIVED FROM BUYER IN USD.
PLEASE LET US KNOW HOW TO CLOSE EDPMS IN THIS CASE AS CITI BANK IS REFUSIG TO ACCEPT THE DOCUMENTS.
PLEASE PROVIDE A SOLUTION IN THIS CASE
REGARDS,
D.S.MURTHY
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 18 December 2021
Why CITI bank refuse to accept the documents?
Murthy Srinivasa
(4 Points)
Replied 18 December 2021
Dear CS M Pota,
Since Iran is an US Sanctioned list of country. CITI Bank is not accepting the documents for EBRC. would you suggest a solution for this.
Regards,
D.S.Murthy
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 02 February 2022
Do you have any other Bank as your Banker other than CITY Bank?
RAMESH KUMAR VERMA
(Advocate )
(5965 Points)
Replied 12 May 2022
https://www.rbi.org.in/scriptts/NotificationUser.aspx?Mode=0&Id=10395
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