Introduction to Trade Declaration

Every banking institution has to follow the financing of an import or export, to reassure itself of its good outcome and to report to the competent authorities. The customers who are involved in export or import of goods and services need to fill in a trade declaration. The trade declaration is a document that has all the required details of the trade.

The Trade Declaration functionality is the solution that allows the user to capture additional trade declaration details, to modify and update them. Also, with this functionality is possible to reverse or cancel a trade declaration that hasn't yet been used.

The Trade Declaration functionality allows users to:

• Locate the valid existing declaration using declaration number, reference of the mandatory document, the client's account, the client's customer id or the period of the trade declaration. Also, the user is able to modify only the predefined details in this application.
• Reverse or cancel a trade declaration that has been not yet used.
• Update certain declaration details in the declaration application.
• Close or discharge a trade declaration.