Regulatory Alerts2025-06-13 | EPD Circular Letter No. 03Added · Updated
Export Undertaking/Declaration in Pakistan Single Window (PSW)
The document mandates exporters to declare their status as sellers or consignors and certify the accuracy of invoice values in Financial Instruments. Exporters must deliver foreign exchange proceeds to an Authorized Dealer by the contractual maturity or a period prescribed by the State Bank of Pakistan, and submit negotiation documents within fourteen days of shipment. For consignment sales, exporters must provide a fully documented account sale certified by the consignee or Chamber of Commerce. Additionally, exporters authorize the State Bank of Pakistan to share overdue information with Authorized Dealers for due diligence purposes.
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