Mangalore-based Karnataka Bank introduced a 'funds transfer facility' called Money Quick under the real time gross settlement (RTGS) system from July 15. | |
| The customers at its 280 offices can avail of the facility and transfer funds instantly to the beneficiary account at other banks at a nominal cost. |
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| Similarly, the bank's customers can secure instant transfer of funds to their accounts from parties of other banks provided those banks offer a similar facility. |
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| The bank will soon offer technology-enabled products in tune with customer needs and preferences, a release said. |
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