Dear All,
I would like to know that whether it is necessary to provide Certificate of Origin(CoO) to the bank for getting Bank Realization Certificate(BRC) released?
Rgds
Vijay
Vijay (Export Manager) (31 Points)
16 September 2014Dear All,
I would like to know that whether it is necessary to provide Certificate of Origin(CoO) to the bank for getting Bank Realization Certificate(BRC) released?
Rgds
Vijay
Rajesh
(Service )
(7576 Points)
Replied 23 September 2014
Certificate of Origin is required by the buyer and submitted with the export documents sent to buyer throgh bank. where as the Bank realisation Certificate is certifying the realisation of the proceeds. Means BRC is the final document for entire export documentation.
For issaunce of Bank realisation certificate bank required following documents only:
1 Copy of Invoice
2. Bill of Lading / Air Waybill
3. Shipping Bill
Rajesh.