Nahid Hasan

  What is Proceed Realization Certificate (PRC) ?? A Proceed Realization Certificate (PRC) is an official document issued by a bank (usually an authorized dealer bank) to certify that export proceeds have been realized (received) in the exporter’s account from a foreign buyer. In simple terms, it is proof that payment for exported goods or services has been received in foreign currency . Key Points About PRC:  🔹 Who issues it? The exporter’s bank (authorized dealer handling the export transaction). 🔹 What does it certify? That foreign exchange proceeds from exports have been received and credited . It confirms compliance with foreign exchange regulations . 🔹 When is it issued? After the exporter receives payment from the overseas buyer. Usually issued shipment-wise or invoice-wise . Information Included in a PRC A PRC typically contains: Exporter’s name Invoice number and date Shipping bill number and date Amount realized (foreig...