What is an EDC Machine? An EDC machine is an electronic device that captures and processes payment data from debit…
Planning an international trip or sending money abroad often raises the question: forex card or wire transfer? Students, business travellers,…
When you discount an export bill with your bank, you expect smooth payment from your international buyer. But what happens…
Picture an Indian textile exporter’s container stuck at Dubai customs for three weeks because one document was missing. The culprit?…
Payment aggregators and payment gateways are essential tools for businesses to process online transactions. While both facilitate online payments, they…
Preparing export paperwork is only part of international trade. Without proper attestation, invoices, certificates, and shipping documents carry no legal…
In Indian cross-border trade, EDPMS and IDPMS are the core RBI systems for monitoring foreign exchange flows. They mark a…
If you export goods from India, you may still hear banks refer to the GR Form, even though the process…
Exporting goods involves more than just packing and shipping. Before anything moves out of India, you must complete a key…
Nostro accounts play a central role in international banking, enabling Indian banks to hold and manage funds with overseas correspondent…