IND Trade NeXT-Simplify your Trade Finance / Foreign Exchange transactions

IND Trade NeXT (Customer Enterprise (CE) portal):

IND Trade NeXT is a new digital platform where Indian Bank Corporate Net Banking users can digitally initiate Trade Finance and Forex Transactions.

Products / Modules available under IND Trade NeXT

√	Import Bill Payments	√	Export Bills Purchase/ Negotiation
√	Import Letter of Credit	√	Export Bill Realizations
√	Import Collection Documents (Both LC & Non LC)	√	Packing Credit INR/FCY
√	Foreign Bank Guarantee	√	Advance Payment (Import & Exports)
√	Outward Remittances (Advance/ Direct/ Other than Imports)	√	Export LC Advising
	IDPMS		EDPMS
	Trade Credit Through SBLC

Benefits to customer:

Eliminates the need to visit Bank Branch to initiated a Trade Finance / Forex transaction
Enables the customer to raise transaction requests and upload relevant documents 24/7 at their comfort of place.
A dash board will be provided to customers to have a real-time status of all their transactions.

Pre-requisites for on-boarding: