EDPMS Closure is mandatory for exporters to comply with RBI and FEMA regulations. We provide professional EDPMS Closure & RBI Compliance services across India, helping exporters close pending shipping bills, reconcile export proceeds, and avoid RBI penalties.
Our expert team coordinates with banks and AD branches to ensure timely and accurate EDPMS closure.
Service Overview
EDPMS (Export Data Processing and Monitoring System) is an RBI-monitored system that tracks export shipping bills and realization of export proceeds. Every exporter must ensure timely EDPMS closure once payment is received.
We assist with:
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EDPMS Closure for pending shipping bills
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RBI compliance for export proceeds
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Bank follow-ups and documentation
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EDPMS reconciliation and error correction
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FEMA compliance support
Our service ensures smooth closure without delays, notices, or penalties.
Problems We Solve
Exporters commonly face EDPMS issues such as:
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Shipping bills pending in EDPMS
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Export proceeds received but not updated by bank
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RBI notices for non-closure of EDPMS
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Mismatch in invoice value or realization amount
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Old or overdue shipping bills
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Bank refusing closure due to documentation gaps
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Compliance issues under FEMA & RBI guidelines
We resolve these issues efficiently and ensure full RBI compliance.
Our Process
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Review of pending EDPMS entries and shipping bills
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Verification of export realization details
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Document preparation and bank coordination
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EDPMS closure confirmation and compliance check
Turnaround Time: 3–7 working days (depends on bank & case status)
FAQs
What is EDPMS Closure?
EDPMS Closure is the process of updating export payment realization against shipping bills in RBI’s EDPMS system.
Is EDPMS Closure mandatory?
Yes. As per RBI guidelines, all exporters must close shipping bills in EDPMS after receiving export proceeds.
What happens if EDPMS is not closed?
Non-closure may result in RBI notices, penalties, banking restrictions, and FEMA non-compliance.
How long does EDPMS closure take?
Normally 3–7 working days, depending on bank response and document availability.
Do you handle old or overdue EDPMS cases?
Yes. We specialize in old, pending, and complicated EDPMS closure cases.
