ICICI STACK for Commodities

Accounts
Layer

Accounts

Current Account An account that fulfils all your business needs, and can be operated digitally.

Exchange Earners' Foreign Currency Account (EEFC) An EEFC Account is maintained in foreign currency by Foreign Exchange Earners, with authorised Dealer-I category banks.

Virtual ID Eases fund management, since the actual Account Number remains private.

Dividend Account A specific account to facilitate payments to shareholders/investors for dividend, interest, redemption proceeds, IPO refunds & any other payout to the investor / shareholder as per the Companies Act, 2013.

Escrow Account An Escrow Account is meant for a specific business fund management needs, along with various digital collection and payment solutions.

CSR Account A special account to manage all your Corporate Social Responsibility activities.

Transaction Layer

Platforms

Corporate Internet Banking Enriching the online banking experience, with a simple yet powerful tool.

Trade Online A comprehensive online solution for your trade requirements.

Electronic Bill of Lading (eBL) Enabling the digital transfer of trade related documents.

FxOnline Offers instant rates that enhance your decision making capabilities to maximise your gains. You get to book rates and view deal tickets online and all you need to do is just 'login'.

InstaBIZ Take convenience a notch higher with InstaBIZ mobile application for your daily banking needs

Corporate API suite One-platform show for all your API solutions

Connected Banking Next-Gen solution for banking on your business platform

Digital Signatures i-DSC : Freedom from paperwork, with a comprehensive digital signature authentication solution – real-time, seamless and secure.
SignIT : Digitally sign documents, using eSign (Aadhaar credential) service, through our SignIT application.

Corpconnect Digital Financial & Supply Chain Platform to seamlessly connect with their supply chain network constituents

Trade Chain Blockchain powered platform to meet all your domestic trade transaction requirements

Corporate Swift Building best in class secure and standard digital messaging for your financial transaction

Trade Solutions

Letter of Credit (LC) An irrevocable undertaking by the bank to honor the payment upon presentation of credit compliant documents.

i-DOCS i-DOCS enables processing of direct import bill payments digitally with the added benefit of settling the bill of entries at the same time.

e-DOCS An integrated digital solution, to manage your end-to-end Open Account Export transaction’s lifecycle.

e-Softex A platform, which enables you to manage your software export lifecycle, right from ‘Softex’ submission to regularisation of invoices.

Bills & Remittances An efficient Bill Collection service to ensure timely payments through our wide network of branches and correspondent banking arrangements

BG/SBLC Be business ready and address your financial & contractual obligations with our easy to avail Bank Guarantee & SBLC solutions

e-BG A unique digital solution for all your incoming Bank Guarantees

LC Advising & Confirmation Get authenticated Letters of Credit (LC) for exports, along with an irrevocable payment undertaken by the Bank, against presentation of the credit compliant document.

e-LC A comprehensive digital solution to the exporters and a single point access to the repository of all advised LCs

e-DS A blockchain powered initiative which will complete digitization inland Trade & transform the way we do bill discounting transactions by bringing together nuances of Trade, Government initiatives & power of Blockchain

Payment Solutions

Integrated Payment System Make bulk payments to your partners using multiple modes like NEFT/ RTGS, IMPS etc.

Tax and Statutory payments A one-stop solution for all your Tax and statutory payment needs.

Pay2Corp An API-based multi-channel collection solution, with real-time collection confirmation and invoice-level tracking.

e-NACH Recurring payments made easy, using a paperless & digital way. Register an NACH Mandate, with self-authentication from Payees using Internet Banking, Debit Card or Aadhaar eSign.

UPI Receive single or bulk UPI payments from your vendors / customers using Virtual payment account (VPA) and also using QR code.

Auto Debit Recurring payments, collected through a pull based mechanism from a Payee’s Account with ICICI Bank, basis the instructions mentioned in the auto-debit mandate.

E-Collections (API/ Non-API) Receive funds through NEFT, RTGS, FT, IMPS & UPI on your Virtual ID, without sharing the actual Account Number and IFSC Code with the Payer, and aid in auto-reconciliation, with the help of a customised MIS.

BBPS Bharat Bill Payment System for utility and recurring bill payments

Fixed Deposits Corporates can invest their surplus funds in fixed deposits for a wide range of tenures

FX Solutions

FXMarkets An advanced forex deal execution system suitable for customers having high transaction volumes

iDealz A secure and reliable platform to trade online in forex for large Corporations with substantial volume of transactions

BusinessFX Offers innovative forex solutions for your business

Integrated FX solutions for inwards & outwards ICICI Bank provides intergrated Forex solutions through multiple channels

Deal booking on the go

Credit
Layer

Working capital

TReDS Trade Receivable Discounting System (TReDS) is an electronic platform for facilitating the financing/discounting of trade receivable of MSMEs.

LC Backed Bill Discounting (LCBD) Discounting of documents drawn under an LC upon receiving acceptance from LC issuing bank for making the payment on maturity date.

e-Discounting System (eDS) Block chain powered bill discounting platform which digitizes inland trade transactions in India

Trade Credit Trade Credit enables the financing for import obligations and ensure suppliers are paid on time.

Export Finance Funding your working capital cycle, by financing your pre and post shipment expenses in foreign currency or in Indian Rupees

Back-To-Back LC An irrevocable undertaking by the bank to honor the payment upon presentation of credit compliant documents.

Supply Chain & Factoring Solutions An important trade finance service that helps you convert your receivables into cash - thus helping you tide over constraints of cash flow and working capital

Fund/ Non Fund based facilities Offers all types of fund and non-fund based facilities to the Corporates

Cash Credit/ Overdraft Avail overdraft facility with minimal documentation basis banking transaction with no financial documents requirement

Secured facilities

Securities/Fixed Deposit/StandbyLC backed facilities Avail upto 90 percent loan or facilities against term deposit/ Select mutual fund holdings or Standby Letter of Credit

Corporate Cards Takes care of your company's financial needs and caters optimally to your employees on the move

Hedging Solutions

FX & Interest rate hedging ICICI Bank offers innovative FX services and products to its clients, based on their unique requirements. We incorporate the best practices followed globally and leverage technology to deliver bespoke solutions and a user- friendly experience.

Care
Layer

At your service

Specialised Branch

Dedicated RM to handle transactions

Care for self

Trade One View & MIS Know your trade transaction history and regulatory pendancy

CMS One View & MIS Know your CMS transaction history and regulatory pendancy.

i-FIRS A digitised offering for service exporters, enabling real-time access to Foreign Inward Remittance Statement (FIRS) online.

i-BOE Comprehensive digital solution for Bills of Entry updation, without branch visits or physical copy submissions.

iTreasury An integrated platform that provides seamless Pre-trade, At-trade and Post –trade services under one roof

Care for employee

Salary A benefit-rich payroll account for Employers and Employees

Housing Loan/ Personal Loan/ Credit card Offers wide variety of Loans Products to suit your requirements

Insurance Services Provide you protection from life's uncertainties and avenues to save for your long term financial goals

Online Remittance solutions for individuals – M2I & M2W Benefit from ICICI Bank's massive network stretched across nations to facilitate quick remittances in multiple currencies

Instant forex solutions for travelers Whether your destination is Paris, Mauritius or enchanting Rome, ICICI Bank offers the best of both worlds!

Care for partner

Supply chain solutions Digital supply chain solutions for your vendors and partners

Growth
Layer

Application Supported by Blocked Amount (eASBA) Offers you a simple and convenient facility of investing in IPOs through ASBA facility

Foreign Direct Investment (FDI)/ Overseas Direct Investment (ODI) Be a part of the India growth story with specialised services, for your FDI/ODI. Provides a host of solutions that facilitates a seamless Foreign Investment journey, powered by customised account solutions, streamlined processes, a wide network of correspondent banks and integrated digital solutions for the best-in-class and an easy transaction experience.

Structured Finance Solutions Provides Structured Finance Solutions for your Corporates

Debt Capital Partner with leading Indian and Global Financial investors through various types of capital pools and investment strategies to deliver customized equity, debt and hybrid capital solutions for businesses

Equity Capital market services Partner with leading Indian and Global Financial investors through various types of capital pools and investment strategies to deliver customized equity, debt and hybrid capital solutions for businesses

Derivative Services Provides Derivative clearing, currency derivatives, interest rate swap, Options, etc