Advance export and import payments must remain with the same authorised dealer, subject to notified dealer changes and cost limits.

Export advances and related export proceeds, as well as advance import payments and subsequent payments, must ordinarily be routed through the same Authorised Dealer. Transactions may be shifted to another Authorised Dealer after intimation to both dealers. Advance import remittances may be permitted after verification of the genuineness of the requirement, with standby Letters of Credit or guarantees potentially required above specified thresholds. Interest on export advances and delayed import payments must remain within the applicable all-in-cost ceiling for trade credit.

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