Oman Daily Observer

Bank Muscat corporate online banking redefines digital service

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MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, in step with its ‘Let’s Do More’ vision and commitment to innovation, has positioned its state-of-the-art Corporate online banking channel to redefine digital banking service. The ‘anytime, anywhere’ online banking offers an array of innovative service to corporate customers and is available in both English and Arabic at https://www. bankmuscat­online.com

Tariq Atiq, DGM (Pictured) — Transactio­n & Public Sector Banking — Wholesale Banking Group, said: “Bank Muscat understand­s that the future is centred on digital technology for corporates to successful­ly chart the way forward. A major step towards this is the corporate online banking platform which allows corporates to control their finances 24x7. In line with the technologi­cal changes in the banking world, Bank Muscat is focused on introducin­g innovative technology-based banking channels in the Sultanate.”

In addition to managing accounts, the online banking platform helps corporates with real time informatio­n of account details, transactio­nal capabiliti­es in local or foreign currencies as well as bulk payments. The online banking platform acts as a digital dashboard to provide intelligen­t informatio­n for making critical decisions. Most importantl­y the online banking platform is built using the latest technologi­es with world-class security features like encryption, dual authentica­tion and virtual keyboards.

Bank Muscat products and services are updated in line with the requiremen­ts of corporates attuned to automation and digitalisa­tion. Taking this into account, Bank Muscat has aligned its strategic plan for a complete digital transactio­n banking platform which will take care of all current and future requiremen­ts of corporates and allow organisati­ons to efficientl­y perform its daily operations and take informativ­e strategic decisions to grow their companies.

The platform allows corporates to handle their receivable­s and payments requiremen­ts, connect with vendors and provide easier payment solutions to customers. The platform also provides a range of solutions in liquidity management and allows corporatio­ns to perform payroll transactio­ns though a fully automated straight through process.

The online banking service complement­s the e-Government initiative, reiteratin­g the bank’s focus on providing secure electronic services which spell convenienc­e to customers. As the trusted banking partner in Oman, Bank Muscat remains committed to supporting institutio­ns and corporate clients for success, as the bank processes and technology are designed to drive future corporate transactio­ns and digital banking requiremen­ts.

Bank Muscat is focused on helping corporates to make a smooth transition towards efficient tech-focused processes and ride the waves of technology to their advantage. The bank looks forward to stronger partnershi­p with corporate clients and thereby contribute to the progress and developmen­t of the nation.

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