• ITA is a current account bundled with trade and foreign exchange services. This product has been specially created to cater to the banking requirements of International Traders (Importers / Exporters)

• Sole Proprietors / Proprietorship firms
• Partnership Firms
• Public Limited and Pvt. Ltd. Companies (including closely held limited companies)

• Current account facilities for your business banking requirements
• Trade and remittance services- special pricing on trade and remittance services for local and overseas transactions
• Foreign exchange services:
  • Access to our proprietary corporate internet banking platform – Straight2Bank to conduct payments, trade and foreign exchange transactions online
  • Preferential pricing on foreign exchange transactions
• Access to a dedicated Relationship Manager

Current account:

• Free multi-city cheque book
• Free demand drafts drawn on our branch locations
• Free demand drafts on correspondent bank locations upto Rs. 50 lakhs per month
• Free national electronic funds transfer
• Real time gross settlement transfers
• Free cash deposit / withdrawal upto Rs. 10 lakhs pm
• Free monthly / weekly account statements
• Free SME World Debit Card for life time
• Access to Corporate online Banking platform (Straight2Bank) , where you can carry out Payments, Trade and FX transactions . Ability to print cheques basis facsmilile signature at 33 locations across India. Online request for demand draft issuance. Access to multiple users with maker checker option for transaction option. Batch upload for bulk and multiple payments in spreadsheet format.
• Doorstep Banking:
  • Cash pick-up / delivery
  • Cheque pick-up, DD and delivery
  • Trade document pick-up
• Foreign Exchange Services
• Preferential FX margins for over 100 currencies
• Trade Services
  • Export services
  • Import services
  • Domestic trade services

• You need to maintain only Quarterly Trade Throughput in the account.

You need to submit the following at the time of account opening:

• Account opening form
• Identity and address proof
• Other documents depending on the facilities sought for (eg. Trade, Internet Banking, Doorstep Banking etc)

Specific documents would be told by the sales officer

ITA variants are based Quarterly Trade Throughput (QTP) in the account that the customer commits at the time of account opening:

• ITA Core: QTP above Rs. 10,00,000
• ITA 50: QTP above Rs. 50,00,000
• ITA 100: QTP above Rs. 1,00,00,000

• At the time of account opening, customer commits the Trade volume (in Rs.) for the quarter
• Based on this the pricing for Trade and Remittance service is agreed with the customer.

Depending on the needs of the customers, facilities ranging from

• Export services documentary collection, LC advising, LC transfer, remittances
• Import services like letters of credit, documentary collection, remittances
• Bank guarantees