National Bank of Oman Continues To Spearhead Digital Banking, Waives Charges on Cib Platform

Press release
Published October 6th, 2020 - 10:07 GMT
National Bank of Oman Continues To Spearhead Digital Banking, Waives Charges on Cib Platform
Asif Redha, Head of Global Transaction Banking at NBO
Highlights
National Bank of Oman (NBO) has waived token and local transaction charges on its Corporate Internet Banking (CIB) platform.

Providing a seamless and rewarding online banking experience, National Bank of Oman (NBO) has waived token and local transaction charges on its Corporate Internet Banking (CIB) platform. This is to encourage business customers to bank digitally, as a safer and more convenient way to manage their finances. The ideal solution for companies big and small, the customised service provides a range of benefits that enable businesses to make fast and secure transactions hassle-free, from the comfort of their own office.

Asif Redha, Head of Global Transaction Banking at NBO, said, “We are committed to helping our corporate customers access leading banking services, at their convenience. During the COVID-19 pandemic, we have made it even more of a priority to help people move to digital, streamlining their finance processes while eliminating the need to physically go to branches or handle cash. Making token charges and local transactions free of cost just makes it even more cost-effective, and an easy route to better business. NBO’s digital banking channels are capable of processing thousands of employees’ salaries, a unique function in the local market. This makes it suitable for government entities and large private organisations.”

Using cutting-edge technology and leading security features, NBO’s Corporate Internet Banking empowers companies to make instant transactions, payments and transfers, access account balances and complete transaction history on all company's accounts, delegate authority and restrict user's functions, all in a few clicks. Available free and accessible 24/7, the frequently-updated digital service is enhanced by the bank’s best-in-class expertise and superior customer experience.

For more information about CIB and how to apply for the service, call 24774330 or visit www.nbo.om.

Background Information

National Bank of Oman

Founded in 1973, National Bank of Oman was the country’s first local bank, forging a rich history with Oman’s local businesses and its economy at large. Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)*.​

You May Also Like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content