Compose your Unique Consignment Reference number From 1 July, 2009, the South African Reserve Bank (SARB) will require a Unique Consignment Reference (UCR) number to be reported on all export proceeds. This requirement forms part of the initiatives undertaken by SARB and the Customs unit of the South African Revenue Service (SARS), to implement an automated process for administration and control of cross border transactions. As a result, any export proceeds received for your Standard Bank account on or after 1 July, 2009 will need to be matched to a UCR number. You will be required to provide this number to the bank, along with the Balance of Payments category/ies pertaining to the transfer, when we contact you to advise you of the receipt. It is important that the UCR number provided to the bank matches the UCR number provided to SARS when the goods are cleared for export. The Reserve Bank will electronically match these numbers. Attached is a summary of the components that make up the UCR number. For more information on the new procedure, please contact Inward Funds Helpline on 0860 469 273 or email@example.com. Annexure How to compose your unique consignment reference (UCR) number Customs (SARS) regulates the composition and rules for the creation of the UCR number. Each exporter is required to generate the UCR per consignment. The UCR number is used to control the receipt of export proceeds. The UCR has the following features: It is a mandatory number on the respective SAD 5xx form It has a minimum length of 12 and a maximum length of 35 characters. The first character is reserved for the last digit of the calendar year in which the exports took place. E.g., if the exports took place in 2003, the first character will be reflected as a 3. The next two characters reflect the UNLOCODE of the country from which the exports originated. The next eight characters show the Customs and Excise client number as allocated to the exporter by SARS. The section of the UCR make up the unique reference of the document generated by the exporting company itself. These characters will link the export proceeds to the export consignment. This may be an invoice number, consignment number, order number, etc., and may be between one and 24 characters in length. Should a consignment / transaction be delivered to the importer in more than one stage, the UCR must be the same on each related SAD 5xx. More details on the completion of SAD declarations can be found on the SARS website, www.sars.gov.za, following these links: Customs and Excise Customs Procedures Single Administrative Document (SAD) Under “Publications” (red panel on the right hand side of the page) click on “SCEX0102 Manual on the Completion of SAD Declarations for export 19 November 2008” to view or download the manual.