What's special about us
Enjoy Zero Charges on All Commonly Used Savings Account Services
- About Us
- MD & CEO letter about the bank
- MD & CEO
- Our History
- Letter to Shareholders on the 1st Annual Report after Merger
- Letter to Shareholders on the 2nd Annual Report after Merger
- Letter to Shareholders on the 3rd Annual Report after Merger
- Letter to Shareholders on the 4th Annual Report after Merger
- Board of Directors
- Awards & Accolades
- News Room
- Investors
- Careers
- ESG
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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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Secure your Import trade transactions with our Import Solutions
Import
Secure your Import trade transactions with our Import Solutions
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Payment intiation, Fx Rate booking & BOE Submission through online portal
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Competitive Pricing
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End to end Letter of Credit cycle
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Automatic Outstanding Reports on email
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Payment intiation, Fx Rate booking & BOE Submission through online portal
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Competitive Pricing
-
End to end Letter of Credit cycle
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Automatic Outstanding Reports on email
Import Solution
Count on us to facilitate your International trade transactions while you continue with your overseas business dealings.
Letter of Credit Issuance
An LC is a written undertaking issued by a bank on behalf of its customer, which confirms the timely payment to the beneficiary, thereby allowing the customer to negotiate on better terms. With IDFC FIRST Bank, you can enjoy a range of import solution options — from efficient management of paper-based requests for LCs to a comprehensive, fully automated online service.
Our Services:
- Initiate an LC issuance and amendment requests on IDFC FIRST Bank's Online Trade Portal
- Templates for Repetitive Payments on LCs
- Book FX rates online seamlessly
- Repository of the LC copy and advises
Import – Documentary collection
An Import Bill Collection provides a cost-effective mechanism, as we at IDFC FIRST Bank manage the documents, in accordance with the collection instruction received from the remitting bank.
Our Services:
- Handle collections in multiple currencies
- Receive transaction alerts on document arrival
- Book FX rates online seamlessly
Import payment & IDPMS Submission
As your supplier trusts you on open account transactions, you may rely on us to make the payments to your suppliers globally; along with faster turnaround of the bill of entry regularization on IDPMS. You can provide payment instructions, book forex rate and provide BOE regularization requests all on the same page through our Online Trade Portal.
Our Services:
- Templates for Repetitive Payments/Remittances
- Paperless transactions on our Online Trade Portal
- Regular email alerts for outstanding bills
- Dedicated Trade desk for all your import trade payments and IDMPS recons
Letter of Credit Issuance
An LC is a written undertaking issued by a bank on behalf of its customer, which confirms the timely payment to the beneficiary, thereby allowing the customer to negotiate on better terms. With IDFC FIRST Bank, you can enjoy a range of import solution options — from efficient management of paper-based requests for LCs to a comprehensive, fully automated online service.
Our Services:
- Initiate an LC issuance and amendment requests on IDFC FIRST Bank's Online Trade Portal
- Templates for Repetitive Payments on LCs
- Book FX rates online seamlessly
- Repository of the LC copy and advises
Import – Documentary collection
An Import Bill Collection provides a cost-effective mechanism, as we at IDFC FIRST Bank manage the documents, in accordance with the collection instruction received from the remitting bank.
Our Services:
- Handle collections in multiple currencies
- Receive transaction alerts on document arrival
- Book FX rates online seamlessly
Import payment & IDPMS Submission
As your supplier trusts you on open account transactions, you may rely on us to make the payments to your suppliers globally; along with faster turnaround of the bill of entry regularization on IDPMS. You can provide payment instructions, book forex rate and provide BOE regularization requests all on the same page through our Online Trade Portal.
Our Services:
- Templates for Repetitive Payments/Remittances
- Paperless transactions on our Online Trade Portal
- Regular email alerts for outstanding bills
- Dedicated Trade desk for all your import trade payments and IDMPS recons
