Change in bank details in iec code

Hi

I had procured an IEC code in 2009 where the main banker was ICICI.  My unit was inside SEZ.

In 2010, I opened another account with Citibank, and received export remittances in this account.

Was I required to modify the IEC number with the details of Citibank?  If so, what are the implications of not doing so?

Thanks

 

 

Replies (1)

Mr. Mehra: Did you figure this out? Is bank details required to be updated if there is change?

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