Bank Muscat onboards General Federation of Oman Workers on B2B Connect solution

Bank Muscat onboards General Federation of Oman Workers on B2B Connect solution

Muscat: Bank Muscat, the leading financial services provider in the Sultanate of Oman, has signed an agreement with the General Federation of Oman Workers for its cutting-edge digital banking solutions for host-to-host connectivity.

The General Federation of Oman Workers, the trade union representing the Sultanate’s workers before official authorities and in local, regional and international forums, has been on-boarded to Bank Muscat’s B2B Connect.

Speaking on the occasion, Wafa Ibrahim al Ajmi, Assistant General Manager, Bank Muscat said: “We are delighted to onboard the General Federation of Oman Workers to our sophisticated Corporate Banking solutions. Our solutions are designed to enable the General Federation of Oman Workers to process their large-scale banking transactions in an efficient way through digital channels. The straight-through nature of our payment solutions will support the General Federation of Oman Workers to provide faster responses to their stakeholders. The General Federation of Oman Workers will be able to achieve a high degree of automation in payables, reconciliation and minimise risks related to payment processes. We continue to enhance our relationship with the General Federation of Oman Workers with our complete range of products and services which includes collections and payment solutions.”

Nabhan Ahmed Al Battashi, Chairman of the General