A method of communication includes receiving, in a network interface device, first and second requests from an initiator process running on an initiator host to transmit, respectively, first and second data to first and second target processes running on one or more target nodes, via a packet network. A single dynamically-connected initiator context is allocated for serving both the first and second requests. A first connect packet referencing the dynamically-connected (DC) initiator context is directed to the first target process so as to open a first dynamic connection with the first target process, followed by transmission of the first data over the first dynamic connection. The first dynamic connection is closed after the transmission of the first data, and a second connect packet is transmitted so as to open a second dynamic connection with the second target process, followed by transmission of the second data.