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Karnataka Bank has launched ‘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.

Raghavendra S Bhat, Managing Director and CEO of the bank, who launched the platform, 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 the bank’s digital approach which will further enhance value to its customers, he said.

Biji SS, Executive Director of the bank, said: “The Bank is focused on leveraging technology to make banking simpler, faster and more accessible to our customers. This digital platform provides a convenient way for our customers to submit requests for key cross border trade and remittance transactions, reinforcing our vision of delivering an enhanced digital banking experience.”

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