Times of Oman

Update Know Your Customer details through Bank Muscat mobile and Internet banking

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In line with its vision “To Serve You Better, Everyday,” Bank Muscat, the leading financial services provider in the Sultanate, continues to upgrade the banking services offered through Mobile and Internet banking to provide a seamless experience for customers. The bank introduced updating “Know Your Customer (KYC)” details to help customers minimise their need to visit the branches.

KYC is an important process that enables the bank to verify and maintain customers’ identity, informatio­n and documents at all times to serve them better, enhance their banking experience and avoid any delays in their transactio­ns. Bank Muscat is committed to provide innovative services that are in-line with the latest technologi­cal developmen­ts and customers’ current and future needs.

The new feature enables customers to update their KYC details online by logging in to Mobile or Internet Banking and navigating through the app via

Bank Muscat offers a wide range of online services, including Soft Token App for the approval of Internet Banking transactio­ns, instant opening of Themaar Savings Plan, view access for minor accounts, payment to Pakistan and Bangladesh wallet, Speed transfer to Egypt, Friendi Mobile Topup, payment to government for Value added Tax (VAT), Excise Tax and Corporate income Tax, VAT statement for Corporate customers, Group Bill Payments which allows user to submit multiple Bill Payment transactio­ns in single click, setting SMS Language instantly by Internet Banking & Mobile Banking, performing QR payment by doing a phone shake, MEDC electricit­y prepaid & post-paid payment, Muscat Finance and National Finance Loan Installmen­t payment and payments to new educationa­l institutes. In addition, customers can also apply for loan products and a variety of credit cards online and much more.

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