SECURITYSPEED SEAMLESSNESS

FINANCE SERVICESDIGitAL TRADE

YES TRANSACT SMART TRADEDigital Trade Finance Services

YES TRANSACT Smart Trade allows clients to execute trade transactions online from the comfort of their office without having to visit the bank’s branch with documents. It is a secure platform integrated within YES BANK’s Corporate Net Banking portal. Customer can log into Corporate Net Banking with their user id and password to make a trade transaction request, which will automatically lead to the bank for processing.

• Import Remittances

TRADE FINANCE SERVICES ON THE DIGITAL PLATFORM

• Non-Import Remittance

• Letter of Credit Issuance and Amendment

• Bank Guarantee Issuance and Amendment

• Bill Acceptance

• Bill Payment

• Pre-Shipment Finance

KEY HIGHLIGHTS• One-stop solution for all your trade finance needs • Avoid cumbersome documentation

• No need to visit the bank’s branches • Real-Time processing of transactions

PRO

CES

S FL

OW

Paper-Intensive, Long TAT, Manual Intervention

Customer visits bank with transaction

documents

Physical scrutiny of documents at the branch level

Data capturing in the system

Trade Transaction completed

Post transaction reconciliation

TRADITIONAL PROCESS

Processing Time: 2 to 3 Days

No Physical Documentation, Improved TAT, Transparency in Payment

Customer provides transaction details from

the comfort of their office

Automated Validation using technologies

like Robotics

Post transaction reconciliation

Trade Transaction completed

YES BANK’s DIGITAL SOLUTION

Processing Time: Same Day

HOW TO USE

Log on to YES BANK’sCorporate Net Banking

Step 1:

Step 2: Click on YES TRANSACT Smart Trade tab

Step 3: Fill the transaction details

Step 4: Upload transaction related documents, if any

• Standard templates for recurring transactions

• Notifications and email alerts at regular intervals

• Auto generation of forms such as FEMA/NNL/A2

STANDARDIZATION

• Robust authentication process

• Two-factor authentication for better security

• Audit trail to track every activity during a transaction

SECURED

• Group authorization matrix for faster approval of transactions

• Bulk authorization for trade modules

• Linking of multiple customer IDs to single domain for group companies

• Online retrieval of LC draft in M7 700/707 formats before submission to bank

• Bulk upload facility for multiple transactions

EASE OF IMPLEMENTATION

SMART BENEFITS FROM YES TRANSACT SMART TRADE

• End-to-end management of transactions online

• User-friendly dashboard to manage daily transactions

OPERATIONAL EFFICIENCY

In order to access YES TRANSACT Smart Trade, do I need to download any application or software?No, once your registration is complete, you will be able to access YES TRANSACT smart trade through our Corporate Net Banking portal.

Is there are any charge levied for registering for Smart Trade?No, the services are provided on complimentary basis.

Are there any forms which are auto generated on Smart Trade?Yes, following are the forms which are auto generated:

• Request letter

• Form A2

• FEMA/NNL Declarations

• Import Declaration

How do I register for YES TRANSACT Smart Trade?Submit a set-up sheet along with Board Resolution to your Relationship Manager.

Will I need to visit the branch for any transactions post my registration on the platform?No, once your onboarding on Smart Trade is complete, all the transactions can be completed from the comfort of your office.

Any technical configuration required on your system to access YES TRANSACT Smart Trade portal?Please ensure that your system has the following basic configurations in order to access Smart Trade seamlessly:

• Browser: IE 11 and above, Chrome 47.0.2526.80 and above

• Internet Connection: 2 MBPS and above

• 2 GB RAM

AJAY RAJANGroup President & Global Head

Transaction Banking Sales, YES BANK

Email: ajay.rajan@yesbank.in

FAQs

DIGITAL TRADE FINANCE SERVICES

YES TRANSACT Smart Trade has saved a lot of man hours and processing time as far as our import payments are concerned. Paperless transactions have also helped us in saving the cost as well as the efforts required to submit those documents at a designated branch. Electronic processing of transaction also helps to preserve and check the trail.

Overall efficiency has increased which helps us to take some additional productive tasks.

Pre-shipment finance module present in YES TRANSACT Smart Trade was easy to understand and execute. Being an exporter and having regular pre-shipment financing requirement, this will help the company execute transactions with the bank seamlessly.

We look forward to implement other features and functionalities in our day-to-day operations.

DirectorGLUMEX MANUFACTURINGCo. Pvt. Ltd..

APURV SHAHKETAN THAKKARManager-FinanceHAFELE INDIA PRIVATE

The digital solution has features such as multi customer ID which enabled us to access information/initiate transaction under single domain for both the entities and further smoothen the process of initiating request and makes operations hassle free with same user ID and password.

KOTHA SRINIVASGM FinanceKIRBY GROUP

WHY YES TRANSACT SMART TRADE?

REGISTERED & CORPORATE OFFICE:YES BANK Limited, YES BANK Tower, IFC 2, 15th Floor, Senapati Bapat Marg, Elphinstone (W), Mumbai 400 013, India | www.yesbank.in

AWARDS AND ACCOLADES

Transaction Bank of the Year - APAC - 2017Supply Chain Finance - Global Winner - 2017

Payments Winner (Global), 2016 & 2014The Banker - Transaction

Banking Awards

Best Bank for SMEs India,Asiamoney Best Banks Awards, 2018

Best Bank in India, CorporateClient Choice Awards, 2017

Hong Kong

Ranked #1,013 Forbes Global 2000Ranked #155 Growth Champions

Forbes Global 2000 World’s Largest Public Companies June 2018

FORBES GLOBAL 2000

Global Rank #217The Banker 1000 List, London

Best Trade Finance Bank in India - 2018, 2017, 2016, 2015Best Financial Supply Chain, 2018, 2017

Best Corporate Payments Project in India, 2018, 2016Best Corporate Trade Finance Deal in India, 2018, 2015Best API Initiative, Application or Platform (Bank), 2018

Best Blockchain Initiative, Application or Programme, 2018Best Productivity, Efficiency & Automation Initiative,

Application or Programme, 2018Asian Banker Transaction Banking Awards 2018

Mortgage and Home Loan Product of the Year -India and the SME Bank of the Year - India 2018

India Domestic Trade Finance Bank of the Year, 2018, 2016, 2015India Domestic Cash Management Bank of the Year, 2015

Asian Banking & Finance Wholesale BankingAwards Singapore

Best Bank for Payments andCollections - Asia Pacific

Global Finance New York, 2017