<h1>RBI Eases Rules for Direct Dispatch of Export Shipping Documents Up to USD 1 Million, Boosting Trade Efficiency.</h1> The Reserve Bank of India (RBI) has liberalized the process for dispatching shipping documents related to exports. Previously, these documents were typically sent by authorized banks through their overseas branches. However, under certain conditions, such as dealing with regular customers or receiving advance payments, exporters could directly send documents to consignees. As of August 13, 2008, RBI permits banks to regularize direct dispatches for shipments valued up to USD 1 million, subject to specific conditions. This change aims to streamline export processes, particularly for Special Economic Zone (SEZ) units, enhancing efficiency in international trade transactions.