Category - DAILY DGFT UPDATE

DGFT Introduces New Features in Bank Guarantee Repository Module

August 29, 2026
DGFT Introduces New Features in Bank Guarantee Repository Module

The Directorate General of Foreign Trade (DGFT) has introduced enhanced features in the Bank Guarantee Repository Module through Trade Notice No. 23/2026-27 dated 28 August 2026.

These changes aim to reduce paperwork, improve monitoring and simplify Bank Guarantee management for exporters.

1. Fresh or Replacement Bank Guarantee

A new Purpose” field has been added to the DGFT Portal. Exporters can now specify whether the Bank Guarantee is:

  • A fresh submission, or
  • A replacement of an existing Bank Guarantee

This will help DGFT authorities correctly identify and link replacement BGs.

2. Automatic BG Expiry Alerts

The system will send automatic email alerts to exporters:

  • 60 days before BG expiry
  • 45 days before BG expiry

These reminders will help exporters renew or replace their Bank Guarantees on time.

DGFT infographic explaining the new “Purpose” field for fresh or replacement Bank Guarantees and automatic email alerts sent 60 and 45 days before BG expiry.

3. Digital Notices and Communication

DGFT Regional Authorities can now generate and digitally sign communications through the portal relating to:

  • Renewal or replacement of BG
  • Renewal notice to the exporter or bank
  • Encashment notice to the bank
  • Return of BG to the exporter

This will reduce manual and paper-based communication.

4. Online BG Status Tracking

Exporters can track different stages of their Bank Guarantee, including:

  • Pending Acceptance
  • Accepted
  • Replaced
  • Returned after EODC
  • Renewal Notice Issued
  • Encashment Notice Issued

In certain Advance Authorisation and EPCG invalidation cases, the BG status will automatically change to “Accepted” after approval of the invalidation file.

DGFT infographic explaining digitally signed Bank Guarantee notices and online BG status tracking, including renewal, replacement, encashment, return and automatic acceptance in approved AA/EPCG invalidation cases.

·        What Should Exporters Do?

Exporters should regularly check the DGFT Portal, keep their registered email address active and take timely action when renewal or replacement alerts are received.

Infographic advising exporters to regularly check the DGFT Portal, keep their registered email active, and respond promptly to Bank Guarantee renewal or replacement alerts.

·        Key Takeaway

The enhanced DGFT Bank Guarantee Repository Module will make BG monitoring more organised, transparent and digital. Exporters should use the new tracking system to avoid missing important expiry or renewal deadlines.

 

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