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BEST FOR

Cross-border transactions and domestic trade

  • Initiate trade transactions digitally

  • Quick turnaround time

  • Transact in 34+ currencies

  • Dedicated RM

FAQs

What are the trade services offered by ICICI Bank?

ICICI Bank offers a comprehensive range of trade services to help businesses with their local and international trade requirements. The services include solutions for importers, exporters, and domestic traders, supported by a strong global network.

What types of trade transactions can be performed online?

Through the ICICI Bank Trade Online platform, you can initiate a wide variety of import and export transactions digitally, view real-time transaction status, submit documents, and get summary details for all outstanding trade bills from anywhere, anytime. 

What solutions does ICICI Bank offer for importers? 

Importers can avail themselves of services such as Letters of Credit, Import Finance, Bank Guarantees in INR or foreign currencies, Import Bill Collection, and Forex & Currency Risk Management, all supported by a dedicated relationship manager.

What are the benefits for exporters using ICICI Bank’s trade services?

Exporters receive end-to-end support, including Export Finance (pre and post-shipment credit), Export Bill Collection, Remittance services, and help managing forex and currency risk, with access to professional relationship managers for competitive pricing and faster payments. 

Are physical documents required for trade transactions through the digital platform? 

Most transactions can be carried out digitally without submitting physical documents at branch through Trade Online platform

Is Trade Online activation be done digitally?

Through ICICI Bank Corporate Internet Banking & Instabiz (mobile application), corporate  user can be digitally on-boarded on Trade Online Platform

Does ICICI bank have a digital solution for settling Inward Remittance online?

Yes, Inward Remittance can be settled online through Corporate Internet Banking & through Instabiz (mobile application)

Digital Solution that ICICI bank offers for request initiation directly through the ERP?

API suite offered by ICICI Bank is an Industry 1st digital offering for ERP integration.