Electronic payment of refunds: direct bank credit via RTGS/NEFT with bank certified authorization and net receipt after charges. A system of electronic payment of refunds/rebates requires direct credit to the assessee's/exporter's bank account via RTGS/NEFT through designated authorized banks. Claimants must submit a one time bank certified authorization and a cancelled cheque for fresh claims, with self attested copies for subsequent claims and similar certification for pending claims by the specified deadline. Refund sanctioning authorities will forward a signed beneficiary statement, a consolidated cheque, original authorizations (retaining duplicates), and a soft copy to the bank; banks will credit accounts after deducting applicable RTGS/NEFT charges recoverable from claimants.