OAB partners with OUE for remittances

AS part of its endeavour to promote positive communication and retain sustainable relationship with its customers based on hospitality and respect through providing the best in class services and products, BankDhofar highlights “10 reasons to bank with BankDhofar”, focusing on main reasons laying behind being BankDhofar one of the best and preferred banks in Oman.

The most prominent feature at BankDhofar is customer service which is based on hospitality, respect and providing services that exceed their aspiration. Moreover, BankDhofar is also known for its strong branches network across Oman. It provides its services through an extensive network of 58 conventional branches and 10 Maisarah Islamic Banking Services branches with more than 136 highly functional ATMs, 49 CDMs, and 5 ATM & CDM serving the customers 24/7 with operational efficiency exceeding 99 per cent. OMAN Arab Bank (OAB), one of the first banks to be established in the Sultanate, recently signed a new partnership with Oman United Exchange Company (OUE) to make it even more convenient for customers to transfer remittances abroad for lower services fees. The signing ceremony for the partnership was held at Oman Arab Bank head office. Representing OAB at the ceremony was Rashad al Shaikh, DGM Retail Banking, while Syed Faraz Ahmed, General Manager represented the exchange company. The partnership will enable OAB customers to make International Transfers to India, Pakistan, Sri Lanka, Bangladesh, Philippines and Egypt, at a discounted rate of just RO 1.500 at any OUE location by using their debit cards at the POS machines installed at each outlet. Furthermore, all POS charges at the branches will be waived for OAB customers.

Commenting on the new partnership Rashad al Shaikh said, “Our collaboration with OUE allows us to forge a mutually beneficial strategic partnership between our two institutions. “