AD Code (Authorized Dealer Code) Registration is the process of obtaining a unique code from a bank authorized by the Reserve Bank of India (RBI) for foreign currency transactions. It is mandatory for businesses involved in import and export to register their AD Code with customs to facilitate foreign exchange dealings and ensure smooth processing of international payments. The AD Code is printed on shipping bills and linked to the IEC (Importer Exporter Code).
AD Code registration is vital as it ensures that export proceeds are received legally and payments are routed through RBI-authorized banks. Without a registered AD Code, exporters cannot clear shipments through customs or receive foreign payments. It helps track foreign currency inflows and ensures regulatory compliance in international trade.
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Receive your AD Code certificate and start operating legally.
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