Karnataka Bank announced the launch of Trade Konnect, a digital platform that enables customers to submit requests for import, export transactions and outward cross border remittances online, anytime, anywhere eliminating the need for physical branch visits.

Speaking on the occasion Raghavendra S Bhat, Managing Director & CEO of the Bank said: 'Implementing the digital platform 'Trade Konnect' for online submission of forex transaction and cross-border outward remittance requests is a significant step towards enhancing customer experience and accelerating the Bank's digital transformation. The platform is designed to support the evolving requirements of businesses engaged in international trade and individuals undertaking foreign remittances by providing a seamless, secure and efficient digital channel. Customer convenience and improving the ease of doing transactions will be at the forefront of our digital approach which will further enhance value to our customers.'