Implementation of NPCI-based Workflow for Bank Account Validation in IEC Applications and Modifications.

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...., 2026 Trade Notice No. 23/2025-26 To, 1. All Exporters/Members of Trade & Industry 2. All Banking and Financial institutions 3. All Export Promotion Councils/Commodity Boards 4. All DGFT Regional Authorities Subject: Implementation of NPCI-based Workflow for Bank Account Validation in IEC Applications and Modifications - regarding. Reference is made to the earlier DGFT Pub....

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....e and bank account details are correctly matched as per bank records. 4. Processing of IEC Applications / Modifications based on NPCI Validation Status i. Bank account details submitted by the applicant shall be transmitted to NPCI for validation, and the system shall receive validation status as "Success", "In Progress" or "Failed". Based on the application type and validation status receiv....

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....rst instance of any bank account. Exporter/Importer to modify the bank account with correct details and respond to deficiency. • On further failed validation, application will be rejected. Apply for IEC Failed (for any bank account) Application cannot be submitted until correct bank details are provided. Modify IEC Failed (for any bank account) Application cannot be ....