CENT e-TRADE

CENT e-TRADE

Cent e-Trade Web Portal

Central Bank of India's Cent e-Trade Web Portal is a digital platform that enables customers to seamlessly manage their international trade and forex transactions. Through the portal, users can initiate and track services such as trade & non-trade transactions, export bill lodgement and realization, import LC issuance and amendments, packing credit disbursement, and Bills of Entry (BoE) settlement.

The portal offers 24×7 access, allowing customers to transact anytime, anywhere. It provides real-time updates via SMS and email, along with the facility to download advices and SWIFT copies. The intuitive dashboard allows users to view live currency exchange rates and monitor outstanding shipping bills and BoE, ensuring better control and visibility. With faster processing and improved turnaround time, the portal enhances overall efficiency and customer convenience.

KEY BENEFITS OF WEB PORTAL

24×7 Anytime, Anywhere Access

Enables you to access services round the clock from any location, improving convenience and reducing dependency on branch visits.

Digital Document Upload

Allows secure and instant submission of documents online, eliminating paperwork and speeding up processing time.

Real-Time Currency Rate Updates

Gives you access to live exchange rates, helping you make informed decisions and optimize transaction timing.

Real-Time Transaction Status Tracking

Offers transparency by allowing users to monitor the status of their transactions instantly, reducing uncertainty and follow-ups.

PORTAL-ENABLED TRANSACTIONS

  • Trade / Non-Trade Outward Remittance: Initiate and manage international payments for business (trade) and personal or other (non-trade) purposes through a single platform.
  • Import LC Issuance: Submit requests for issuing Import Letters of Credit quickly, ensuring smoother coordination with overseas suppliers.
  • Import LC Amendment: Request modifications to existing Import Letters of Credit, including value, validity, and terms.
  • Bank Guarantee Requests: Apply for issuance of bank guarantees digitally, reducing turnaround time and paperwork.
  • Export Bill Lodgement & Realization: Lodge export bills and track realization status seamlessly.
  • Packing Credit Disbursement Request: Raise requests for pre-shipment finance to support export activities efficiently.
  • Updation of Missing BoE / Shipping Bills: Submit requests to update missing Bill of Entry (BoE) or Shipping Bill details.
  • Download SWIFT Copy & Debit Advice: Access and download transaction-related documents instantly for records and reconciliation.
  • BoE Settlement: Initiate and track settlement of Bills of Entry digitally, simplifying import payment processes.

Online LC Issuance & Amendment

Export/Import Document Submission

Real-Time Tracking

Outward Remittance Requests