Create Transactions Using Upload Option

29 Jan 2021

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#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
  • 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
  • Similarly, create transactions for the following:

  • 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

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