Trade Online-

Bills Module
Trade Online – Bills module

 Bill Acceptance
 Bill Payment
Bill Acceptance and Payment on Trade Online

• To access Trade Online simply Login to Corporate Internet Banking using your credentials.
Bill Acceptance and Payment on Trade Online

• Navigate to Trade>Trade services>Trade online

TOL Dashboard

• The Dashboard displays the action awaited from the Initiator, Authorizer and Bank
• Click on the number in the grid pending at the level of the initiator/authorizer/Bank to view the details
Bill Acceptance

• Navigation Path
Home -> Payments -> Bills -> Document Arrival
Bill Acceptance
Document arrival Screen

• There are four bill categories – Foreign Usance Collection, Foreign Usance under LC, Inland Usance Collection,
Inland Usance under LC.
• Select the Bill and click on “Details” for more information. Click on “Accept Bill” for providing Acceptance.
Bill Acceptance
Bill Details Screen

• On the Bill Details screen, you can check all the details of Bill such as Exporter name, lodgement date,
due date, Bill number, balance amount etc.
Bill Acceptance
Accept Bill Screen

• Fill any comments to bank, review the details and select the workflow for Authorization
• Click on I Agree and Submit
Bill Acceptance
Accept Bill Screen

• Post clicking on Submit, the track is forwarded to the assigned checker for authorization
Trade Online – Bills module

 Bill Acceptance
 Bill Payment
 Bill Payment

• Navigation Path
Home -> Payments -> Bills -> Bill Payment
• Use Bill payment option to initiate payments for bills pending at the maker’s end.
 Bill Payment

• The main page of Bill Payment has 2 sections viz Payment Request Inquiry (Sight) and Payment Request Inquiry (Usance)
• There are four bill categories under each section – Foreign Sight/ Usance Collection, Foreign Sight/ Usance under LC,
Inland Sight/ Usance Collection, Inland Sight/ Usance under LC
 Bill Payment

• Select the bill and click on Pay for initiating the payment.
Bill Payment
1. Bill Details

• The Bill Payment form opens with multiple tabs at the top.
• The Bill details are auto populated. The beneficiary can also be notified of the transaction by clicking on notify
beneficiary and providing their mail id.
Bill Payment
2. Payment details

• Fill the mandatory details highlighted by red bar.

• Make relevant selection and fill in details such as payment amount and payment mode.
• For exchange, rate you can select any one of the options – 1. ICICI bank rate, 2. For utilizing booked deal, you can select FX
Contracted rate, 3. For any instructions to Bank you can select Customer Instructions box.
Bill Payment
3. Attachments

• In the Attachments tab, upload applicable documents such as Debit Authority attachments, contract
copy, declarations and approvals.
Bill Payment
3. Attachments

• Select on I Agree check box and click on “Submit” to proceed for review.
Bill Payment
Review Screen

• Review the payment details

Bill Payment
Review Screen

• Regulatory forms are auto generated on TOL (if applicable). Fill-in relevant details in the forms.
• Select the workflow for Authorization and Submit.
Bill Payment
Review Screen

• Select the relevant check box in auto-generated NNL declaration and submit
Bill Payment
Review Screen

• Fill-in relevant details of Form A2 and submit

• Declare the total amount of foreign exchange purchased from or remitted through all sources in India
during this financial year
Bill Payment
Result Screen

• Post clicking on submit, a TOL reference number gets generated.

• The track is forwarded to the assigned checker for authorization.
Authorizer Screen

• Authorizer can approve the tracks initiated from respective modules.

Bill Payment Tracks : Payments  Bill Payment
Bill Acceptance Tracks : Payments  Document Arrival
Authorizer Screen

• Select the request from the list and approve by clicking “Accept”.
Authorizer Screen

• The track is successfully forwarded to bank for further processing and scrutiny
Thank you