You can now book your forex transactions on SBI's e-forex Internet platform

MUMBAI, INDIA: The State Bank of India has launched SBI e-forex, an Internet-based platform.

The platform enables  customers to book their foreign exchange transactions online.

"The SBI e-forex is an innovative platform incorporating robust security features and is designed to be user-friendly, fast and convenient," the bank said in a prepared statement.

"The product is flexible and enables customers to customise and set their own limits for deal size and daily transaction limits. Details of all deals are made available to the users on a real-time basis," SBI said.