#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
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
For all banking services, visit www.bobworld.com
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