MUSCAT, 12 August 2017 – 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 – 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 digitalization. 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 organizations 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.