#ThisIsHow to initiate a Standby Letter of Credit from BarodaINSTA - #BankofBaroda

#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 initiate standby letter of credit from BarodaINSTA:

• 0:10 - 1. Log in to www.barodainsta.com
• 0:14 - 2. Enter company ID, user ID and password
• 0:18 - 3. Go to Trade Services tab and click on trade credit through standby LC, followed by SI initiation and from scratch
• 0:29 - 4. Enter all requested details such as beneficiary details, amount details, shipment details, transfer details, trade credit details and bank details
• 1:29 - 5. Accept terms and conditions
• 1:34 - 6. Upload files
• 1:42 - 7. Print the transaction details

For all banking services, visit www.bobworld.com

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