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Karnataka Bank introduces new facility
MANGALORE:
Karnataka Bank plans to introduce a new technology driven funds transfer facility called `money quick' under Real Time Gross Settlement (RTGS) System for customers with effect from July 15. According to a bank release, the bank has been settling inter-bank transactions in Mumbai. Now, its customers can avail themselves this RTGS facility branded as Money Quick. Customers at its 280 offices can avail of this facility and make instantaneous transfer of funds to beneficiary's account at other banks at a nominal cost. Similarly, bank's customers can get instant transfer of funds to their accounts from parties of other banks provided those banks offer similar facility.
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