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    <title>DGFT Introduces NPCI-Based Bank Account Validation for IEC: A Major Step Towards Digital Trade Facilitation</title>
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    <description>DGFT implemented an NPCI-based bank account validation workflow for IEC issuance and modifications requiring declaration of all active PAN-linked bank accounts with exact matching of PAN, name and account number. NPCI returns Success, In Progress, or Failed; Success permits normal processing, In Progress triggers Automatic Review with periodic polling and possible auto-approval upon success, while Failed validation prevents submission or, for modifications, causes a Deficient status on first failure and rejection on subsequent failure.</description>
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      <description>DGFT implemented an NPCI-based bank account validation workflow for IEC issuance and modifications requiring declaration of all active PAN-linked bank accounts with exact matching of PAN, name and account number. NPCI returns Success, In Progress, or Failed; Success permits normal processing, In Progress triggers Automatic Review with periodic polling and possible auto-approval upon success, while Failed validation prevents submission or, for modifications, causes a Deficient status on first failure and rejection on subsequent failure.</description>
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