Single online solution for foreign and inland trade transactions and remittances for individuals, with dashboards, real-time updates, /reports, notifications, alerts and due-date management.
The bank may extend SmartTrade to selected customers at its discretion. The applicant must be a current legal internet user with internet access and submit the prescribed signed application to the Bank of Baroda branch
the bank provides access only after its eligibility checks. Corporate applicants submit authority/workflow documents and, where applicable, a board resolution
joint retail accounts require authority signed by all account holders.
There is no charge for using BarodaINSTA SmartTrade at present. Separate transaction-related charges may still apply, including remittance, letter-of-credit or bank-guarantee processing charges, postage, courier charges and on forex conversion
the bank may introduce or change service charges.
BarodaINSTA SmartTrade web portal, accessed with bank-issued user and password
credentials are delivered to the registered email and mobile number and first-login password change is compulsory.
Bank of Baroda customers using the bank's internet portal
branch, account and service availability are subject to the bank's India terms and applicable law.
Bank of Baroda customers with properly introduced accounts may submit cheques and other collection instruments through Bank branches
collection also handles instruments received from other branches, banks and parties.
Value awaiting review
Submit collection instruments at any Bank of Baroda branch
outward items are sent for collection on the day received or the next working day, while Quick and national-clearing routes use the bank’s collection network.
All Bank of Baroda branches provide outward collection
national and one-way clearing extends to Delhi, Mumbai, Chennai, Kolkata and other identified centres including Nagpur, Ahmedabad, Hyderabad, Bengaluru, Pondicherry, Trichy, Trivandrum, Vellore, Baroda, Erode and Madurai.
The service is for eligible micro, small and medium enterprises depositing accepted collection instruments into properly introduced accounts. Quick applies to cheques of ₹25,000 and above drawn on select banks.
The collection page states that service charges apply as stipulated from time to time. Quick separately publishes ₹50 courier charge per packet plus an additional nominal collection charge.
Eligible submit instruments through Bank of Baroda branches and its branch/clearing network
Quick and national-clearing routes provide accelerated or inter-city processing.
All Bank of Baroda branches provide the collection facility
national-clearing coverage includes Delhi, Mumbai, Chennai, Kolkata and identified one-way centres such as Nagpur, Ahmedabad, Hyderabad, Bengaluru, Pondicherry, Trichy, Trivandrum, Vellore, Baroda, Erode and Madurai.
Trade, cargo and other customs users who generate an Indian Customs Electronic Gateway (ICEGATE) payment and use Bank of Baroda net banking for e-payment.
The reviewed Custom Duty Payment page explains ICEGATE integration and Net Banking payment but does not publish a Bank of Baroda service fee or tariff.
Importers and other users can make e-payments for all customs locations through Net Banking using bob World Internet after initiating the payment through ICEGATE.
Bank of Baroda’s ICEGATE e-payment integration is available for all customs locations in India through bob World Internet.
Export finance (pre-shipment packing credit and post-shipment export-bill purchase/discounting), export-bill collection, export-letter-of-credit advising and confirmation, and the Exporter Gold Card working-capital package.
Exporters, including exporters for whom the page provides an online export-credit application route.
Published export tariffs (exclusive of ): foreign-currency or rupee export-bill purchase/discount/negotiation ₹1,000below USD 25,000 equivalent and ₹1,500 at or above it, plus ₹100 for each additional shipping bill
forwarding documents to another bank ₹1,000 per bill plus ₹100 per additional shipping bill
reimbursement under an ₹500 per claim
export-bill collection ₹250up to USD 5,000 equivalent, ₹750 for USD 5,001–25,000, and 0.0625%above USD 25,000 capped at ₹2,000, plus ₹100 per additional shipping bill
merchanting export ₹3,000 per bill
overdue export bill ₹500 per bill per quarter
advance export remittance ₹200
export certificate ₹100
NOC for discounting ₹1,000 per bill
export/import set-off ₹1,000 per shipping bill
due-date extension is nil up to 270 days and ₹1,000 beyond
GR-waiver certificate ₹500
write-off is nil against bank charges or self-write-off and ₹1,000 per shipping bill in other cases
late document submission ₹100 per shipping bill after 30 daysup to 3 months and ₹500 beyond 3 months
crystallisation ₹1,000 per bill
advising ₹1,000 for Bank of Baroda clients and ₹2,000 for other-bank clients
advising amendment ₹600
export confirmation is 0.25% for the first quarter plus 0.15% per month thereafter (minimum ₹1,500) for sight, or 1.5% p.a. for usance (minimum ₹2,000), with separate slabs above ₹5 crore
transfer ₹1,000 per transfer/amendment.
exporters can apply online for export credit. Export-bill collection is available through more than 200 authorised-dealer branches in India and the bank's worldwide correspondent network.
Export-bill collection is offered through more than 200 authorised-dealer branches in India and a worldwide correspondent network
the page publishes no narrower customer-territory restriction.
Bank of Baroda clientele engaged in export or import trade, customers and resident or returning Indians using remittance, foreign-currency deposit, or foreign-exchange risk-management products.
The official Forex Operations page does not publish a numeric dealing spread, commission, service charge or customer tariff.
Foreign-exchange transactions are handled through 223 authorised domestic branches connected to the specialised integrated treasury branch at BKC, Mumbai, with online quotes delivered through bob World FxQ
overseas offices and treasury staff serve international customers.
The service has 84 overseas offices across 17 countries and 223 authorised domestic branches connected to the Mumbai treasury branch.
Import bills under collection, import letters of credit at sight or usance, (Usance Payable at Sight) letters of credit and trade credit through standby letters of credit (SBLC).
Indian importers and Bank of Baroda customers using import bills, import , or SBLC-backed trade credit. The page does not publish a narrower customer-segment restriction.
Published import tariffs (exclusive of ): import sight commission 0.35% for the first quarter plus 0.15% per month thereafter
usance commission follows external-rating bands of 0.75% p.a. for AAA/A1+ or fully government-guaranteed, 1.00% for /A1, 1.25% for A/A2, 1.50% for BBB/A3 and 2.40% for BB-and-below/A4-and-below/unrated, with ₹2,000 minimum and an additional 0.40% p.a. when value exceeds ₹5 crore
100% cash-security are charged at 25% of the card rate
amendments ₹1,000
deferred-import commission 0.25%, 0.18% or 0.10% per quarter by amount slab (up to ₹1 crore, above ₹1–5 crore, above ₹5 crore)
shipping guarantee ₹1,000 under an or 0.05% per month outside an (minimum ₹1,000)
import-bill crystallisation/retirement 0.125% with ₹1,000–₹25,000 limits where exchange benefit accrues or 0.25% with ₹1,000–₹30,000 limits without it
non- import bill 0.15% with ₹1,000–₹25,000 limits where exchange benefit accrues and 0.30% with ₹1,000–₹50,000 limits without it
delivery order ₹1,000
advance import remittance 0.15% (₹500–₹10,000) with exchange benefit or 0.20% (₹1,000–₹15,000) without it
import/export set-off ₹2,000 per bill
overdue custody ₹500 per bill per quarter
BOE follow-up ₹1,000 after the 180-day/90-day deadlines
merchanting import ₹3,000 per bill
counter-signing/co-acceptance/availisation 0.085% per month subject to 0.25% minimum.
Import-bill collection is routed through more than 220 authorised-dealer branches in India and Bank of Baroda's worldwide correspondent network. may be opened in favour of Bank of Baroda overseas branches or other banks
trade credit is funded by overseas branches through an SBLC.
Import-bill collection is available through more than 220 authorised-dealer branches in India and a worldwide correspondent network. Import and related facilities connect Indian buyers with overseas sellers
The page requires a customer to furnish the published beneficiary, AD-branch and remittance-purpose details to the banker. It does not state a separate customer segment, turnover threshold or minimum balance for this service.
The reviewed Remittances page publishes fields and correspondent-bank routes but no fixed transfer fee, correspondent charge, exchange-rate spread or minimum amount. Applicable charges must therefore be confirmed with the servicing branch for the selected currency route.
Initiate the transfer through the customer’s banker using the published fields: intermediary institution, AD-branch code, 14-digit beneficiary account/name/address, purpose of remittance and sender-to-receiver information. The correspondent/intermediary bank route varies by currency.
The service supports remittances from any country through Bank of Baroda’s correspondent/intermediary network. The published currency table covers , , , , , , , SGD, CHF, SAR and
the beneficiary account is with a Bank of Baroda branch in India.
Overseas Bank of Baroda territories, subsidiaries and listed correspondent banks using a Special Rupee Vostro Account for international trade settlement and permitted investments.
No SRVA account-opening, transfer, settlement or investment fee is published on the reviewed current page.
International trade settlement is routed through the Mumbai Main Office Vostro Cell and the listed overseas/correspondent banks using their published account numbers and BIC codes.
The page publishes SRVA routes for Mauritius, Oman, Seychelles, United Kingdom, Fiji, , Australia, Singapore, Botswana, Guyana, Kenya, New Zealand, Uganda, Tanzania, Mongolia, Kyrgyzstan and Russia through named banks.
The remitter must provide the intermediary-bank account/ details for the currency, the authorised-dealer branch code, the beneficiary’s 14-digit Bank of Baroda account/name/address, purpose of remittance and (for opening) the or F.CNR sender-to-receiver code. The page publishes no separate age, income or residency threshold.
The reviewed Swift Transfer page publishes no general wire-transfer tariff. It states that Bank of Baroda charges are exempted for inward remittances used to open deposits
other applicable bank or correspondent charges are not stated on the page.
Transfer supports inward remittance to India from any country by wire transfer, with the beneficiary's Bank of Baroda account and AD-branch details supplied to the sending bank.
Swift remittance is described as available from any country by wire transfer, using Bank of Baroda’s published correspondent/intermediary routes for , , , , , , , SGD, CHF, SAR and . The beneficiary route is the relevant Bank of Baroda authorised-dealer branch in India.
The bank's ancillary catalogue lists Mutual Fund distribution, METCO executor/trustee/attorney services and e-confirmation of bank guarantees under its investment, trusteeship and / service areas.
Eligibility is service-specific: mutual-fund investors must meet the selected scheme's rules
METCO accepts will, trust, property and guardianship mandates
e-confirmation requires a genuine Bank of Maharashtra-issued guarantee for verification.
The reviewed ancillary, METCO and bank-guarantee pages do not publish a universal fee schedule. Any mutual-fund charges, trusteeship remuneration or guarantee-confirmation fee must be obtained for the selected service and mandate before proceeding.
Bank branches and the service-specific contact or application route published on each official page
METCO publishes its Pune office contact and bank-guarantee confirmation is routed through the bank's / service.
India
confirmation follows the bank's published branch and contact process
The bank's ancillary catalogue lists Mutual Fund distribution, METCO executor/trustee/attorney services and e-confirmation of bank guarantees under its investment, trusteeship and / service areas.
Eligibility is service-specific: mutual-fund investors must meet the selected scheme's rules
METCO accepts will, trust, property and guardianship mandates
e-confirmation requires a genuine Bank of Maharashtra-issued guarantee for verification.
The reviewed ancillary, METCO and bank-guarantee pages do not publish a universal fee schedule. Any mutual-fund charges, trusteeship remuneration or guarantee-confirmation fee must be obtained for the selected service and mandate before proceeding.
Bank branches and the service-specific contact or application route published on each official page
METCO publishes its Pune office contact and bank-guarantee confirmation is routed through the bank's / service.
India
METCO office in Pune and service contact published by the bank
The bank's ancillary catalogue lists Mutual Fund distribution, METCO executor/trustee/attorney services and e-confirmation of bank guarantees under its investment, trusteeship and / service areas.
Eligibility is service-specific: mutual-fund investors must meet the selected scheme's rules
METCO accepts will, trust, property and guardianship mandates
e-confirmation requires a genuine Bank of Maharashtra-issued guarantee for verification.
The reviewed ancillary, METCO and bank-guarantee pages do not publish a universal fee schedule. Any mutual-fund charges, trusteeship remuneration or guarantee-confirmation fee must be obtained for the selected service and mandate before proceeding.
Bank branches and the service-specific contact or application route published on each official page
METCO publishes its Pune office contact and bank-guarantee confirmation is routed through the bank's / service.
India
branch-based service subject to the bank's current distribution arrangements
Instant Transfer, MT103 wire transfer, demand draft or cashier's cheque, and foreign-currency cheque collection
Availability, sender onboarding, exchange rate, charges, limits and required evidence depend on the origin country, foreign office, correspondent or drawee bank and selected method.
The non-Middle-East page's USD 25,000 routing threshold and ₹50 handling charge are page-specific and should not be substituted with the separate Middle East page's published values.
Drafts, cashier's cheques, international money orders and foreign-currency cheques are collection instruments, so credit and conversion occur only after the applicable collection process.
Vary by originating branch and country
some foreign branches offer concessions to their account holders
Instant Transfer, MT103 wire transfer, demand draft or cashier's cheque, and foreign-currency cheque collection
Australia, Bahrain, Belgium, Canada, China, Hong Kong, Israel, Japan, Maldives, Mauritius, Nepal, Oman, Singapore, South Africa and
Instant Transfer, Rupee Flash, Express Rupee, MT103 wire transfer and demand draft
Availability, sender onboarding, exchange rate, charges, limits and required evidence depend on the originating office, partner bank or exchange house and the selected method.
Express products are partner-specific
a listed partner does not necessarily offer every service level.
instructions must use the correct threshold-based routing code and exact beneficiary details
intermediary and overseas-bank charges may also apply.
Vary by originating branch and country
some foreign branches offer concessions to their account holders
Instant Transfer, Rupee Flash, Express Rupee, MT103 wire transfer and demand draft
Australia, Bahrain, Belgium, Canada, China, France, Hong Kong, Israel, Japan, Maldives, Mauritius, Nepal, Oman, Singapore, South Africa and
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Forex dealing/hedging, government-securities access, remittances, business digital banking and WhatsApp banking
Individuals, businesses, corporates, , importers/exporters, institutional investors and Union Bank customers, as applicable to each service
-Retail: Union Bank charges no extra fee
CCIL registration/transaction charges may apply. Other service fees are not consolidated on the reviewed product pages and follow the applicable Union Bank schedule.
-Retail web platform
Union Bank branches and digital channels
Union e-biz app
official WhatsApp UVConn
supported correspondent/remittance channels
India through Union Bank branches and supported digital/correspondent channels
-Retail supports / and major currency-pair workflows where the bank approves the customer limit
Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.
Bank of Maharashtra TReDS Trade Receivables ServiceBank of Maharashtra
