internship report's presentation on FEOD and DFSD department SBP-BSC hyderabad

2. FEOD &DFSD
SBP-BSC
HYDERABAD
Yousra Sattar
yousrasehar2009@yahoo.com

3. Presented By:
GROUP-D Yousra Sattar (Group
Leader) Mehran
University of
Engineering And
Technology(MUISTD)
Marvi Ashraf
University of Sindh
(Jamshoro)
Muhammad Usman
NUML (National
university of modern
language)
Sadam Ali Balal
University of Sindh
(Dadu)
Taskeen Siddiqui
NUML (National
university of modern
language)
MahnoorYaseen
University of Sindh
(Jamshoro)

4. DEPARTMENT ASSIGNED
FEOD/DFSU
SUPERVISED BY
Muhammad Suhaib
Siddiqui
ACM (FEOD/DFSU)
Syed Ghulam Ali Shah
Officer (DFSU)
Arslan Rafique Officer
(FEOD)

5. FEOD
Foreign Exchange Operation Department

6. FEOD (Foreign Exchange Operation Department)
Operational arm of EPD
(Exchange Policy
Department)
Operates under the
ambit of FERA (1947),
Foreign Exchange

7. FEOD (Foreign Exchange Operation
Department)
(contd..)
Divided
into four
units
namely:
Returns unit
Exports unit
Imports + Remittances Unit
Over due & enforcement
unit

8. FEOD (Foreign Exchange Operation Department)
(contd..)
AUTHORIZED DEALERS (AD):
• Under section 3 of FERA (1947), the SBP may, on
Application, Authorize any Schedule Bank to deal in
Foreign Exchange.
• It acts as an intermediary between Exporter/
importer, and Bank.
• SBP BSC Hyderabad, has around 150 ADs, falling
under its jurisdiction.

9. FEOD (Foreign Exchange Operation Department)
(contd..)
RETURNS UNIT
• Collect, analyze, segregate,
scrutinize and compile A.D wise
statistics of monthly forex
returns as submitted by around
150 ADs falling under the
jurisdiction of SBP-BSC
Hyderabad
• Distributes each file of different
document to their concerned
unit.
EXPORTS UNIT
• Scrutiny of E-Forms
• Payment of subsidies against
exports (DLTL & DDT)
• Deal with the cases of Export
Against Advance Payment.

10. FEOD (Foreign Exchange Operation Department)
(contd..)
IMPORT/REMITTANCE
UNIT
• Handling cases regarding
imports
• Granting approvals for
Outward commercial, private
and Government foreign
exchange remittances.
OVERDUE AND
ENFORCEMENTS UNIT
• Monitoring of Export
Overdue Cases
• To ensure repatriation of
export proceeds
• FEAD

11. DFSD
Developmental Finance Support Department

12. DFSD (Developmental Finance Support
Department)
Working
of
DFSD:
Implement
policies of
Development
Finance Group
(DFG), SBP.
Facilitate
expansion of
financial
inclusion in un-
banked areas.
Continuous
interaction with
the
stakeholders.
Monitor
activities
regarding
biannually Focus
Group Meetings
in field offices.

13. DFSD (Developmental Finance Support Department
(Contd..)
• CFC (customer facilitation
center)
• AFU (Access to finance unit)
• RSU (Refinance Scheme
unit)
• Onsite verification
DFSD
units:

14. DFSD (Developmental Finance Support
Department)
(Contd..)
Access to Finance Unit:
• ArrangingAgri/SME related
Focus Group Meetings.
• Participating in different
Awareness Programs/
Exhibitions organized by
other stakeholders to
represent SBP interventions.
Complaint Facilitation
Center:
• Handling complaints received
from public against banks.

15. DFSD (Developmental Finance Support
Department)
(Contd..)
SBP BSC HYD Awareness
Campaign to Promoting
SME & Micro Business
Oriented Entrepreneurship
at Quaid-e-Awam
University Nawabshah On
19-4-2017

16. DFSD (Developmental Finance Support Department)
(Contd..)

17. DFSD
(Developmental
Finance Support
Department)
(Contd..)

18. DFSD (Developmental Finance Support
Department)
(Contd..)

19. Refinance scheme
unit:
• Processing refinance
cases under SBP
Refinancing Schemes.
Onsite verification:
• Making visits to ADs for
verification of all the
documents provided by
them for Export
refinance scheme.
• On-site verification
manual – July 2017
DFSD (Developmental Finance Support Department)
(Contd..)

20. DFSD (Developmental Finance Support Department)
(Contd..)
EXPORT REFINANCE
SCHEME
To boost up exports in our
country.
PART-1 (Transaction
based)
• Pre-shipment
• Post-shipment
PART-2 (Performance
based)
• Pre-shipment
• Post-shipment

21. Export Finance Scheme-1
AD grant loan to
exporter
AD request the SBP-BSC for
Refinance
SBP-BSC scrutinizes
the application
Under EFS-1, the
exporter is financed
for the period of 180
daysAfter 180 days, the exporter is
required to make repayment of
loan with 3% mark-up.
With in the 210 days, AD submit the Annexure-
D at SBP-BSC as a proof of shipment and EPRC
as proof that export proceeds have realized.

22. Fines Under EFS-1
FINE CHARGES ON FINE
Short Shipment Fine 28 paisa per RS.1000/-,
Non-Shipment Fine 37 paisa per 1000 rupees
Delayed Shipment Fine 28 paisa per 1000
Misreporting Fine Rs.100 per incorrect data is charged but this fine will not
exceed from Rs.1000.

23. EXPORT FINANCE SCHEME-2
Exporter is financed by
AD
Exporter submit the EE-1 & EF-1
statement at SBP-BSC
concerned office through AD.
Under EFS-2, the exporter avail
the loan on the basis of
previous year’s performance
The maximum tenor of the loan under Part‐II of the scheme
is 180 days which could be rolled over for another 180 days
subject to showing at least 70% shipment of loan availed in

24. Fines Under EFS-2
Nature of Irregularity Rate of Fine
Fine for wrong information and incorrect reporting /
entry in statement EF‐1, EE‐1.
Rs.100 per wrong entry
Short‐fall in performance Paisa 37 per Rs.1000 or part thereof.
Fine for any other default by the exporter/bank Paisa 37 per day per Rs.1000
Duplication/ double utilization of E Form in both parts Rs.100 per entry will be charged for misreporting