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An Authorized Dealer (AD) Code is a 14-digit numerical code issued by a bank that is authorized by the Reserve Bank of India (RBI) to deal in foreign exchange. This code is essential for businesses involved in international trade, especially for exporting goods and services
An AD Code (Authorized Dealer Code) is a 14-digit number issued by a bank authorized to handle foreign exchange. This code is necessary for exporters to get customs clearance for their shipments and receive payments from foreign buyers.
Getting an AD Code is not difficult. Here’s a step-by-step guide by Dhanvijay:
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An AD Code (Authorized Dealer Code) is a unique code assigned by the Directorate General of Foreign Trade (DGFT) to entities involved in international trade. It is used for customs and foreign trade documentation.
An AD Code is essential for customs clearance and for engaging in import and export activities. It ensures compliance with regulations and helps in smooth processing of trade transactions.
To apply for an AD Code, you need to submit an application to the DGFT with the necessary documents. Dhanvijay can assist with the application process to ensure it is completed accurately.
Typical documents include a copy of the PAN card, proof of business address, a certificate of incorporation, and bank details. Specific requirements may vary based on the applicant’s profile.
Yes, changes can be made to your AD Code details if necessary. Contact Dhanvijay for assistance with updating or modifying your AD Code information.
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