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COMEX Global Technology Show 2024 Kicks off

HM The Sultan Arrives in Kuwait

Kuwaiti diplomat: Omani Sultan’s Kuwait visit indicative of strong ties

UAE President holds dinner banquet at Qasr Al Watan in honour of Sultan Haitham bin Tariq

UAE President receives Sultan of Oman upon arrival in UAE on state visit

Oman and UAE: Fraternal Bonds, Strategic Relations and Economic Partnership

OIA Announces Social Investment Policy, Launches “Qimam” Platform

POPS Supervisory Committee Holds First Meeting in 2024

Bank Muscat’s Sayyarati Auto Finance Option Comes with the Best Financing Facilities for Customers

“Ooredoo Oman Welcomes Khawla Al-Amiri as Chief People Officer, Reinforcing Commitment to Local Leadership Empowerment”

Bank Muscat Launches EAGLEs Programme: A Pioneering Leadership Engagement Across Branch Network

“Forging Tomorrow: A Global Imperative for Advanced AI Infrastructure”

“High-Paying Careers in Artificial Intelligence: Securing Your Future in the Evolving Job Market”

HM The Sultan Issues Two Royal Decrees

Unlocking New Horizons for Entrepreneurs: The Fourth Industrial Revolution

Royal Army of Oman Celebrates Passing Out of Officer Cadets, University Officers

HM The Sultan Offers Condolences on the Death of Kuwaiti Emir

HM The Sultan Gives Audience to Business People in India

HH Sayyid Theyazin Conveys HM The Sultan’s Greetings to Russian President

First Muscat Dialogue Sessions Begin

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

Saudi Oil Giant Aramco Announces $121 Billion Profit in 2023

Tender Board Signs Agreements with Karwa Motors on Government Procurement, School Bus Purchase

Najahi Business Banking from Bank Muscat: Empowering Small Businesses

His Majesty Exchanges Ramadan Greetings With Arab, Islamic Leaders

A’Rustaq Hospital Diagnoses Child with Gastric Wall Vein Bleeding

QCB Launches ‘FAWRAN’ Instant Payment Service

National Development Fund Partners with World Economic Forum

Qatar Chairs 49th Meeting of GCC Standing Committee for Combating Harmful Practices in International Trade

Saudi Arabia’s Air Connectivity Program Signs Deal with Eurowings to Enhance Air Connectivity between Saudi Arabia and the EU

HM King presented unique development model: Omani Ambassador

July 14, 2024

Embark on New Digital Trade Experience with Bank Muscat DigiTrade Portal

MUSCAT, –

Bank Muscat’s digital services have attained a noticeable success and a qualitative leap in the type of corporate banking facilities offered. Digital services are specially designed for easy access and convenience so that customers can complete their banking transactions at any time and from anywhere. The bank’s trade services digital portal (DigiTrade) is witnessing an excellent turnout from corporate and institutional customers. This platform contributed to facilitating trade transactions and showcases its commitment to implementing the digital transformation strategy in line with Oman Vision 2040.

Through the advanced DigiTrade Portal, business entities seeking speedy, efficient and easily accessible trade finance solutions can now enjoy numerous features, including single log-in process using their Corporate Online Banking credentials, secure channel to initiate trade finance transactions in a paperless environment, multi-level privileges for proper review and approval of transactions, and a customizable dashboard with a built-in search tool for easy retrieval of records. Customers can as well initiate trade finance transactions online for letters of credits, guarantees, loans against trust receipt, advances and financing against collection documents. In addition, they can use the portal to get a closer monitoring of transaction status by way of auto notification and email alerts, and calendar menu option for timely initiation of transactions.

To avail for Bank Muscat’s DigiTrade solutions, existing corporate customers with Online banking access are required to fill the DigiTrade application form. Corporate customers who do not have online banking access are required to submit online banking application forms along with the DigiTrade application form to the branch or the relationship manager to continue with the registration. The DigiTrade application form can be accessed through:  https://www.bankmuscat.com/en/about/Documents/bmforms/Trade_Portal_Application_Form_EN.pdf

Bank Muscat has been witnessing a remarkable rise in e-channels usage over the past two years. The bank, which is recognised as one of the leading Trade Finance providers in the region, provides tailor-made global trade products and services as part of its trade financing solutions, which are simple to use and come with a highly-competitive pricing structure. The bank issues Letters of Credit, all types of Guarantees, Standby LCs, handles documents under collection, offers document checking services under export Letters of Credit, confirms Letters of Credit and provides various trade financing solutions including forfaiting, receivable financing, trust receipt financing etc., and facilitates secured trade payments and receipts between buyers and sellers. With a strong network of over 500 correspondent banks across the globe and a highly-experienced pool of trade specialists, Bank Muscat offers a number of customised solutions to meet the varying demands of its customers.

The bank also offers Global Trade Services through its Corporate Banking branches at Ruwi, Al Nahda Towers (Ghala), Sohar, Salalah and Duqm as well as at its Head Office in Seeb. Customers may contact the Global Trade Services Help Desk through email at gtshelpdesk@bankmuscat.com for assistance and queries.

As the leading financial services provider in Oman, Bank Muscat has been keenly playing its role in supporting the national economy and has witnessed many successes and achievements in the development of various sectors. The bank will continue to implement its customer-centric vision through a keen understanding of customer needs and provide services in line with global trends to achieve its current and future goals.

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