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

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....ers/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 Public Notice No. 32/2025-26 dated 20.11.2025, where this Directorate enab....

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....EC 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 received from NPCI, the following events will be executed: Application Type NPCI Validation Statu....

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....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 submitted until correct bank details are provided. ii. In cases where validation status is "In Progress", the system shall periodically fetch updated status from NPCI. 5. Accordingly....

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