Import payment monitoring requires authorised dealers to pursue timely contractual payments, with extensions available for satisfactory delay reasons. An Authorised Dealer must monitor IDPMS entries and follow up with importers to ensure import payments are made within the period stipulated in the ... Summary
Import payment monitoring requires authorised dealers to pursue timely contractual payments, with extensions available for satisfactory delay reasons.
An Authorised Dealer must monitor IDPMS entries and follow up with importers to ensure import payments are made within the period stipulated in the underlying contract. Where an importer requests additional time and cites reasons for delay, the Authorised Dealer may permit payment beyond the contractual period if satisfied with those reasons.
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