Cryptocurrency Q&A
Who generates BRC?
Who generates BRC?
Silvia
Wed Nov 20 2024
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7 answers
1314
I would like to know who is responsible for generating the BRC. Could you please tell me who creates or produces the BRC?
7 answers
HallyuHeroLegendaryStarShine
Fri Nov 22 2024
In India, banks have a specific process for issuing an e-BRC to exporters.
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Valentina
Fri Nov 22 2024
This process begins after the exporter has received payments for the goods and services they have exported.
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Lucia
Fri Nov 22 2024
Upon receipt of payment, the bank proceeds to generate an e-BRC certificate.
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henry_miller_astronomer
Fri Nov 22 2024
This certificate is created digitally, ensuring a seamless and paperless transaction.
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DreamlitGlory
Thu Nov 21 2024
The bank then prepares an XML file, which is a standardized format for storing and transporting data.
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