To apply for a Shipping Guarantee / Delivery Order on the iBusiness Trade Module, follow these steps:
Step 1: To locate the Application Form on iBusiness Trade Module
- Click on Trade & Guarantees >> Shipping Guarantee / Delivery Order
Step 2: Tips and Guidance on Filling the Shipping Guarantee / Delivery Order Application
- The user has an option to click on “Expand All” to expand all the sections.
- Otherwise, the user can click on individual section header to expand that particular section alone
- The user has to input all the required fields in each individual section to complete the Guarantee application
- Once, all the required fields are filled in, the user can:
- Initiate – this will navigate to the next screen to proceed with Guarantee initiation
- Save as Draft – option to save the details entered as draft
- Save as Template – option to save the details entered as template
- Clear – Clear all the details entered & close the page.
Step 3: Filling the "Parties" Section
- Please see below guidance on filling the "Parties" section:
| Field Name | Remarks |
| General | |
| Date of Application | System generated value – Non Editable field |
| Product | Choose from the dropdown values "Shipping Guarantee" or "Delivery Order" |
| Under LC / Not Under LC | Choose from the dropdown values "Under LC" or "Not Under LC". In case of inward collection document, where Bill of Lading / Airway Bill is consigned to CBD, please select “Not Under LC” |
| Guarantee to be issued in Language of | In case if the request is under LC, please select the type of LC "Sight LC" or "Time LC"
|
| Beneficiary | In case if the request is Not under LC, please select the type "Debit to Account" or "Loan LTR" |
| Shipping Company Details | |
| Name & Address | Input the Shipping Company Name & Address to which the SHG/DO to be addressed to |
Step 4: Filling the "Applicant" Section
- Please see below guidance on filling the "Applicant" section:
| Field Name | Remarks |
| Applicant | |
| Select Account | Choose from the drop down list (A/C Number) |
| Applicant | Applicant details will be auto populated based on the Account number selected above |
| Template Access Type | Choose from the dropdown values (Public, Private):
|
- Clicking Next, will expand the next section “Commitment Details”
Step 5: Filling the "Commitment Details" Section
- Please see below guidance on filling the "Commitment" section:
| Field Name | Remarks |
| LC Reference # | Mandatory to input the LC number, only when the request is under LC (based on the selection above) |
| Place pf Expiry | Input the details, free text field |
| Guarantee Amount | Input the Shipping Guarantee Amount & Currency |
- Clicking Next, will expand the next section “Instructions”
Step 6: Filling the "Instructions" Section
- Please see below guidance on filling the "Instructions" section:
| Field Name | Remarks |
| Charge Account | Select the account number from which the charges need to be recovered |
| Instructions to Bank | Input the details, if any, free text field (details entered will not form part of the shipping guarantee text) |
- Clicking Next, will expand the next section “Guarantee”
Step 7: Filling the "Guarantee" Section
- Please see below guidance on filling the "Guarantee" section:
| Field Name | Remarks |
| For Account of | In case if the requestor is third party applicant, input the details here |
| Attach Documents | Option to attach supporting documents, if any |
| Accepting Terms & Conditions | Click to accept the terms and conditions |
| Action | |
| Initiate | This will navigate to the next screen to proceed with transaction initiation. Once Initiated, the transaction will move to approver queue for approval. Upon successful authorization, transaction will be submitted to bank for processing. Approvers can access the transactions pending for their approval using the menu “Queue" >> "Pending your Authorization” |
| Save as Draft | Option to save the details entered as draft Drafts can be retrieved from the Menu “Queue" >> "Drafts & Templates” |
| Save as Template | Option to save the details entered as template Templates can be retrieved from the Menu “Queue" >> "Drafts & Templates” |
| Clear | Clear all the details entered & close the page |
