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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The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
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