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Oman
18 Nov 2019

Bank Muscat to Offer Corporate Internet Banking Solution

The flagship financial services provider in the Sultanate Bank Muscat and Al Ramooz Group have signed an agreement to provide Corporate Internet Banking platform. The agreement was signed between Tariq Atiq, DGM Transaction & Public Sector Banking, Bank Muscat and Fahad Saleh Al Sahib, General Manager, Al Ramooz Group.

Corporate Internet Banking is a payments solution which take cares of all payments of corporate clients safely and securely. The platform is bilingual, there is Arabic and English. It lets corporate decision-makers to view account details in real-time and download statements and the audit trail of transactions. The platform backs several types of transactions including local and international transactions in Omani Rial and foreign currencies, single payments, bulk file uploads for salary and vendor files, in addition to special payments like bill payments and credit cards payments.

“We are happy to on-board Al Ramooz Group onto our Corporate Internet Banking platform. Bank Muscat is striving hard to help corporates keep pace with rapid technological developments and optimise their performance. The bank is in a position to provide comprehensive, cutting-edge banking solutions to organisations of any size and across all sectors with its large number of innovative online banking products and solutions.” Tariq Atiq, DGM – Transaction & Public Sector Banking, Bank Muscat.

Bank Muscat also offers other solutions such as the niche B2B Connect, Remote Deposit Capture and Direct Debit solutions. With the B2B Connect solution, corporates can execute payment approvals in their ERP. By this solution institutions can build an efficient and robust payment and settlement system. Bank Muscat remains committed to supporting large corporates and institutions in smoothly transitioning towards efficient technology-focused processes as a trusted banking partner.