Payment Solutions:

• Single account for making payments across the country
• Ability to conduct RTGS and NEFT* transactions online    
• Online request for Demand Draft (DD) issuance at over 900 locations across India 
• DD printing at over 115 locations across India
• Flexibility to deliver the DD either to the customer or the beneficiary  
• Single file upload for multiple / high volume payment & payroll transactions 
• Email advice to customers / beneficiaries covering all details
• Display of balances for all operating and deposit accounts
• Complete snapshot of all the transactions done through S2B

* RTGS: Real Time Gross Settlement, NEFT: National Electronic Funds Transfer

Trade Solutions:

• Online Letter of Credit (LC) issuance and amendment capability
• Online advising of Export LC
• Facility to view latest status of all trade transactions online
• Facility to receive trade reports and advice via email for LC and documentary collection
• Intraday alerts via email for all trade events
• Delivery of trade documents like SWIFT messages together with the email alert
• Online enquiry for all deal related documents (e.g. SWIFT messages)

FX Solutions:

• Access to a secure online proprietary  foreign exchange trading platform
• Freedom to book your foreign exchange deals at the convenience of your office desk
• Ability to book Cash/ Tom/ Spot and Forward rates   

Key Benefits of S2B:

• User-friendly and designed specifically to meet the needs of SME businesses, Straight2Bank lets you perform many key business functions with ease
• Information can be accessed anytime and anywhere (24X7 availability) thus making it a viable alternative to branch and manual transactions, giving you global access and usage to enable cross-border trading with just one click
• Real-time reporting and file download of account information with access to balance and transaction level information
• Complete access to current and deposit accounts with the facility to view transactions in Excel/PDF formats
• Access to 90 days of historical data
• Access to multiple users with maker checker option for transaction initiation
• A 5 level flexible, multi-layered approval matrix based on payment amount, payee name and payment type
• Batch uploads for bulk and multiple payments in a spreadsheet format
•  3 levels of login access with complete data confidentiality and integrity of information through use of features such as encryption and digital signatures

All facilities at the sole discretion of the Bank. Terms & Conditions apply.

Going online opens up a world of other business possibilities, so apply for Straight2Bank today.
If you are yet to open a business account with Standard Chartered Bank, please call our contact centre at the number below. If yours is an existing business account, then please get in touch with your Relationship Manager.