easylancing
← Bank directory

Deutsche Bank AG

Research notes as of 09 Oct 2026, not legal or tax advice. VERIFIED means we read the primary source, REPORTED means secondary sources only, and UNCERTAIN means the law or practice is unclear. Ask your bank or a CA before acting on uncertain points.

How to file with Deutsche Bank AG

From the bank's published export policy and other sources, checked 2026-10-04. Banks are still settling their procedures, so confirm with your branch.

How to submit

  • Bank digital channel / 'digital portal' verified

    Policy s.8: open-account trade transactions 'are encouraged to be provided digitally vide our internal system... Manual request submission to branches is accepted.' SOP: EDF extension requests on the digital portal or by email letter.

    Source

  • Branch (manual) verified

    Manual submission accepted.

    Source

  • Relationship / service team verified

    Clients wanting digital submission 'may connect with their respective client facing relationship team / service team'. Services exports are handled by DB's cash team (not trade team).

    Source

Documents the bank may ask for

  • Customer request letter with FEMA declaration verified
  • EDF (as per Regulation 3 timelines) verified
  • Supporting invoice with SAC details; other documents risk-based verified
  • Third-party receipts: names and addresses of all three parties verified
IEC needed?
No, PAN is accepted
Timing
Policy s.10.1: service (non-software) exporters furnish EDF on or before date of receipt of payment; general rule 30 days after invoice month; extension on request.
Charges
Per DB India Schedule of Charges; no charges for delays attributable to the bank; nothing where Reg. 19(3) prohibits it.
FIRA / FIRC
not verified
Declaring the purpose code
Disposal instructions with purpose code (digital or manual).

Recommendations

  • DB India private/retail banking is being transferred to Kotak Mahindra Bank (agreement signed; DB says completion 'anticipated in the third quarter of 2027'). Until then DB remains the AD bank. Flag DEUT customers for a later switch to Kotak's (KKBK) EDF process.
  • SOP says IEC is optional for services ('accepted as received from the clients').
  • Ask the DB relationship/service team for digital-submission access; otherwise submit the EDF and FEMA declaration letter at the branch.

The bank's export policy (FEMA 23(R)/2026, Reg. 19 disclosure)

Sources