SIB TF ONLINE:
A digital banking platform for Trade Finance transactions. Trade Finance customers (ie. customers with valid Import Export Code (IEC)) can initiate trade related payments through their Corporate Internet Banking at the convenience of your office or home.
FEATURES:
In the initial version (Phase 1) of the product, the following import transactions/module are featured.
- Advance Remittance for Imports.
- Remittance against Import Bill received from overseas Bank for Collection. (Bank-to-Bank Foreign Inward Collection Bill)
- Payment against Import documents received by Importer directly from overseas suppliers.
BENEFITS:
- Available 24x7- Can initiate trade finance transactions through SIB TF ONLINE anytime and anywhere.
- No more branch visits for Import related payments.
- Paperless- Documents related to Import payments can be attached in SIB TF ONLINE.
- Safe
APPLICATION FORM:
For new Corporate Internet banking customers, application form for enabling Internet banking along with SIB TF ONLINE can be downloaded from below.
Application form for enabling SIB TF ONLINE for existing Corporate Internet banking customers can be downloaded from below.
HOW TO ACCESS SIB TF ONLINE:
Simply login to Corporate Internet banking with your corporate userid and initiate requests online at your convenience.
FEES AND CHARGES:
There are no service charges to avail this facility.
For any further queries, contact your relationship manager or branch.