EDPMS & IDPMS

If you are an importer in India, IDPMS is a compliance requirement you cannot ignore. Just like EDPMS tracks exports, IDPMS tracks every import transaction you make. What is IDPMS? IDPMS stands for Import Data Processing and Monitoring System. It is an RBI platform that monitors import payments made by Indian importers against their import … Read more

If you are an exporter in India, you have likely heard the term EDPMS — but do you fully understand what it means and how it affects your banking transactions? What is EDPMS? EDPMS stands for Export Data Processing and Monitoring System. It is a platform launched by the Reserve Bank of India (RBI) to … Read more