Module 5

FX board, documents, reports and audit trail

Watch

Export Compliance in India, End to End

Import Payments in India, End to End

Paying for Services Abroad: Form 145 and 146, DTAA Rate, Form A2

Merchanting Trade (MTT) in India, End to End

Each AD bank's rate against the interbank mid. The bank's rate comes from a spread, a bank rate card or a live API.

For a remittance, the rupee cost against mid and against the best quote.

Book a deal and stamp it on the remittance, so the rate sits on the record.

The spread-leakage report and the FX exposure page.

Every standard letter, declaration and RBI form, on every plan. Required fields are checked before printing.

Letters go on your letterhead. RBI forms keep the RBI layout, with no letterhead. Bank formats cover HDFC, ICICI, Axis and others.

Document Studio, DSC signing and emailing the pack to the bank.

Reports and registers

Every action is recorded.

It reads forwarded trade emails, invoices and SWIFT copies (PDF or image) with AI, and imports MT940 statements.

General information. Confirm with your AD bank or CA.

The training sandbox uses sample records. Nothing you do there reaches a bank, DGFT, ICEGATE or any outside system.

Add a second fictitious AD bank, so there are two quotes to compare.
Create a fictitious outward remittance, or reuse one from Module 2, with the task code in the party name or reference.
On the FX board, view each bank's rate against the interbank mid, and the rupee cost against mid and best quote.
Book a deal and stamp it on the remittance.
Open the spread-leakage report.
Leave one required field empty on the record and try to print a letter. Note what the check tells you, then complete the field.
Generate one letter (for example a payment request letter) and one RBI form (for example the import remittance application) from the same record.
Open one register (Shipping Bill or BoE) and the purpose-code summary.
Open the audit trail and find the entries for steps 4 and 7.