Create Transactions Using Upload Option
29 Jan 2021
#BankofBaroda's BarodaINSTA SmartTrade is your one-point solution for all trade transactions. The #ThisIsHow series aims to help you be on top of your digital banking journey. Let's see how you can easily create transaction using upload option in BarodaINSTA:
- 0:00 - Introduction
- 0:12 - 1. Visit www.barodainsta.com
- 0:15 - 2. Enter company ID, user ID and password
- 0:57 - 3. Go to Trade Services tab and click on LC initiation, followed by Upload LC
- 1:04 - 4. Enter all requested details such as customer reference, expiry date, LC amount and currency
- 1:24 - 5. Accept terms and conditions
- 1:27 - 6. Upload files
- 1:36 - 7. Print the transaction details
- 1:52 - 8. For Export Letter of Credit: Go to Trade Services tab and click on initiation, followed by Upload EL
- 2:01 - 9. For Import/Inward Collection: Go to Trade Services tab and click on initiation, followed by Upload IC
- 2:13 - 10. For Export/Outward Collection: Go to Trade Services tab and click on Export/Outward Collection, followed by Upload EC
- 2:27 - 11. For Bank Guarantee: Go to Trade Services tab and click on BG Intiation, followed by Upload BG
- 2:37 - 12. For Packing Credit: Go to Trade Services tab and click on Pre-shipment/Packing Credit, followed by Upload TF
- 2:48 - 13. For Standby Letter of Credit: Go to Trade Services tab and click on SI Initiation, followed by Upload SI
- 2:59 - 14. For Outward Remittance: Go to Trade Services tab and click on Initiation, followed by Upload Outgoing FT
Similarly, create transactions for the following:
For all banking services, visit www.bobworld.com
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