MUSCAT, 3 June 2015 – Bank Muscat, the flagship financial services provider in the Sultanate, organised an event to familiarise corporate clients with the bank's enhanced internet banking facility. The Cards & eBanking Department hosted the event which evoked strong response and was attended by representatives of all leading corporate institutions in Oman.
The state-of-the-art 'anytime, anywhere' online banking offers an array of service to retail and corporate customers. The feature-rich, simple-to-use 24/7 service is available in both English and Arabic at https://www.bankmuscatonline.com
Driven by the latest technological features offering a wide range of options, the enhanced online banking service helps Bank Muscat customers bank at convenience from 'anywhere, anytime'. For people constantly on the move, the online banking service is a boon.
For corporate customers, the new online service provides total control of finance 24 hours-a-day. In addition to managing own accounts, corporates can arrange local and international transfers, bill payments, transfer of salaries, vendor payments and much more in a secure environment. Corporate customers can also arrange an authorisation matrix for carrying out transactions, whereby initiators and authorisers for transactions can be defined.
The new online banking service is highly secure with multiple level of validations ensured by Bank Muscat Secure Token. To access online banking, customers need to use their user ID and password. Banking transactions are validated by a second level of authentication, either by one-time password (OTP) received on registered mobile number, or through authentication using the Bank Muscat Secure Token. Ensuring high security, the Secure Token can be used only with a PIN created by customers.
The enhanced online banking service reiterates the bank's commitment to providing electronic services which spell convenience to customers.