EPD Circular Letter No. 02 — June 12, 2025

The Presidents/Chief Executives
All Authorized Dealers in Foreign Exchange

Dear Sir/Madams,

Revised Format of Electronic Proceeds Realization Certificate (ePRC)

1. Attention of Authorized Dealers (ADs) is invited to FE Circular No. 05 of 2022 interalia containing instructions regarding the subject.
2. In this regard, the existing formats (V-148 & V-149) for issuance of electronic Proceed Realization Certificate (ePRC) and Statement of PRCs (S-PRCs) have been substituted with the attached formats. All other instructions in the matter shall remain unchanged.
3. Henceforth, ADs are advised to ensure issuance of ePRC and S-PRCs, as per the new formats w.e.f. 1st October 2025. Any system related developments should be made at the earliest to ensure compliance with the above timeline.
4. ADs are advised to bring the above instructions to the knowledge of all their constituents and ensure meticulous compliance.

Enclosed:

• Appendix V-148
• Appendix V-149

Yours sincerely,

Ahsin Waqas
Additional Director

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Appendix V-148
N/A in case the payment is received (1) either through Vostro account of the remitting financial institution and the rate of conversion has been applied by the remitting institution abroad, or (2) through Roshan Digital Account. * Guidance for Authorized Dealers:
i. The banks should not allow the exporters to buy FCY again for credit to the ESFCAs, if the exporter has voluntarily
converted the amount into PKR.
ii. e-PRC would be issued only once for each incoming remittance.
Bank’s Name and Logo
Proceeds Realization Certificate (PRC) e-PRC No.
(Unique ID)
Date of e-PRC:
Remitter Details: Beneficiary Details:
Name of Person/ Entity Name of Person / Entity NICOP/ CNIC/ Passport No./ POC/ Entity Registration No./ Any other Unique ID NICOP / CNIC / POC Passport No./NTN IBAN/ Bank Account No. (if applicable) IBAN/ Bank Account No. Name of Remitting (originating) Financial Institution Name of the Bank:
Name of Country
Country Code (as per ITRS)
This is to certify that we have received the following amounts in favor of the Beneficiary, as per the details given below:
Transaction Detail:
Date of Realization of Proceeds DD-MM-YYYY Amount Total Proceeds Received in FCY FCY Retained in ESFCA (if applicable) Converted to PKR Amount in FCY Rate of Conversion* Amt. in PKR Purpose of Remittance #N/A Purpose Code (as per ITRS) Transaction Reference No.
i. The above transaction has been/will be reported to SBP / SBP-BSC in Schedule ----------------- of ITRS for the
period: month--------year----------.
ii. The authorized officers of the verifying agency may verify the authenticity of the remittance on our Bank’s portal
at ____________________.
Note: This is a system-generated document and does not require any signature.

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Appendix V-149
Bank’s Name & Logo
Statement of Proceeds Realization Certificates (S-PRC) For the Financial Year …………………….. S-PRC No. (Unique ID) S-PRC Date:
Beneficiary's Detail:
Name of Person / Entity
NICOP/ CNIC/ POC/ Passport
No./ NTN
IBAN or Account No. (if applicable)
Name of the Bank
This is to certify that we have received remittance(s) in favor of the above mentioned beneficiary, as per the detail given as below:
Detail of Transactions
S

Remitter
(Name of
Person /
Entity)
NICOP/ CNIC/
POC/
Passport #/
Entity
Registratio n No./ Any other
Unique ID
No.
IBAN or
Account No.
(wherever applicable)
Name of
Remitting
(originating)
Financial
Institution
Remitter
Country
Country
Code (as per ITRS) e￾PRC
No.
Date of
PRC
Date of
Proceeds
Realizatio n
Amount of
Remittance
(in FCY)*
FCY
Retained in ESFCA
(if applicable)
Converted to PKR
Purpos e of
Remitt ance
Purpose
Code (as per
ITRS)
Remark s (if an y) Amount in FCY
Rate of
Conv ersio n*
Amount in PKR
i. The above transactions have been/ will be reported to SBP/ SBP-BSC in Schedule of ITRS for the respective months.
ii. The authorized officers of the verifying agency may verify the authenticity of the aforementioned remittance(s) on our Bank’s portal at
…………………………………………..

Appendix V-149
Note: This is a system-generated document. No signature is required.

• N/A in case the payment is received (1) either through Vostro account of the remitting financial institution and the rate of conversion has been applied by the remitting institution
  abroad, or (2) through Roshan Digital Account.