TRADE NOTICE NO.07/2015, DT. 09/07/2015
Operationalisation of online payments through debit / credit cards
In keeping with the Digital India vision of Hon'ble Prime Minister, and taking yet another crucial step towards paperless, online functioning in 24x7 environment, Directorate General of Foreign Trade has launched the facility of online payment of application fees through Credit/Debit cards and electronic fund transfer from 53 Banks (List annexed).
2. As a measure of Trade Facilitation and Ease of Doing Business, DGFT has already operationalised the facility of Online filing of various applications by the exporters/importers under the Foreign Trade Policy (2015-20). Early this year, DGFT also operationalised the facility of online submission of applications for issue of online Importer Exporter Code in digital format or e-IEC for exporters/importers. Now with the online payment facility being available from 53 banks, as well as through Credit and Debit cards, it would be possible to not only apply online for e-IEC and benefits under various schemes under Foreign Trade Policy but also make online payment of required application fee.
3. The charges applicable for using internet banking, debit/credit cards will be as follows:
Transaction Processing ChargesVisa / Master Card Credit card transaction:
1.45% of payment amount per transaction.
Visa / Master Card/Rupay Debit Card transactions:
For transactions upto Rs.2000/- : 0.75% of payment amount per transaction.
For transactions above Rs.2000/- : 1.00% of payment amount per transaction.
Net Banking Transactions:
For transaction upto Rs.10,000/- -: Nil
For transaction above Rs.10,000/- -:Rs. 14/- per transaction / across all banks
Service tax would be extra
(S.P. Roy)
Joint Director General of Foreign Trade
Email: shyama.roy@nic.in
Issued from F.No.01/02/150/AM-13/EDI/PC-2[B]
Annexure
Sl No. |
Existing list of banks providing Net banking facility |
Revised list of banks providing Net banking facility |
1. |
Axis Bank |
Allahabad Bank |
2. |
Bank of India |
Andhra Bank |
3. |
Central Bank of India |
Axis Bank |
4. |
HDFC Bank |
Bank of Bahrain and Kuwait |
5. |
Oriental Bank of Commerce |
Bank of Baroda |
6. |
Punjab National Bank |
Bank of India |
7. |
ICICI Bank |
Bank of Maharashtra |
8. |
IDBI |
Canara Bank |
9. |
State Bank of India |
Catholic Syrian Bank |
10. |
Union Bank of India |
Central Bank of India |
11. |
|
City Union Bank |
12. |
|
Corporation Bank |
13. |
|
Cosmos Bank |
14. |
|
Dena Bank |
15. |
|
Deutsche Bank |
16. |
|
Development Credit Bank |
17. |
|
Dhanlakshmi Bank |
18. |
|
Federal Bank |
19. |
|
HDFC Bank |
20. |
|
ICICI Bank |
21. |
|
IDBI Bank |
22. |
|
Indian Bank |
23. |
|
Indian Overseas Bank |
24. |
|
IndusInd Bank |
25. |
|
ING Vysya Bank |
26. |
|
Jammu and Kashmir Bank |
27. |
|
Karnataka Bank Ltd |
28. |
|
Karur Vysya Bank |
29. |
|
Kotak Bank |
30. |
|
Laxmi Vilas Bank |
31. |
|
Oriental Bank of Commerce |
32. |
|
Punjab and Maharashtra Co-op Bank |
33. |
|
Punjab & Sind Bank |
34. |
|
Punjab National Bank |
35. |
|
Ratnakar Bank Ltd |
36. |
|
The Saraswat Co Operative Bank Ltd |
37. |
|
Shamrao Vitthal Co-operative Bank |
38. |
|
South Indian Bank |
39. |
|
Standard Chartered Bank |
40. |
|
State Bank of Bikaner & Jaipur |
41. |
|
State Bank of Hyderabad |
42. |
|
State Bank of India |
43. |
|
State Bank of Mysore |
44. |
|
State Bank of Patiala |
45. |
|
State Bank of Travancore |
46. |
|
Syndicate Bank |
47. |
|
Tamilnad Mercantile Bank Ltd |
48. |
|
TNSC Bank |
49. |
|
UCO Bank |
50. |
|
Union Bank of India |
51. |
|
United Bank of India |
52. |
|
Vijaya Bank |
53. |
|
Yes Bank Ltd |
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