GENERAL/ MISCELLANEOUS CIRCULARS

Policy for Handling Transactions Related to Export and Import of Goods & Services, Punjab & Sind Bank

By TEAM CIRCULAR EXPRESS • 29 Sep 2026
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• This policy document outlines the operational guidelines for Punjab & Sind Bank branches regarding export and import transactions.
• It covers procedures for EDF/IDPMS reconciliation, realization of export proceeds, advance payments, merchanting trade, and import of gold.
• The policy ensures compliance with RBI Master Directions and FEMA regulations for all foreign exchange trade activities effective from 01.10.2026.
purpose of issuance
To provide operational guidelines for handling export and import transactions in compliance with RBI and FEMA regulations
Most Important Details
The policy details procedures for EDF/IDPMS reconciliation, realization of export proceeds, advance payments, merchanting trade, and import of gold/silver. It mandates compliance with RBI Master Directions and FEMA, effective from 01.10.2026.
Name of Bank
Punjab & Sind Bank
is it guidelines or office order
guidelines
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