Oman’s GFOW signs deal with Bank Muscat for B2B Connect solution

Oman’s GFOW signs deal with Bank Muscat for B2B Connect solution

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

The General Federation of Oman Workers is the trade union representing the Sultanate’s workers before official authorities and in local, regional, and international forums.

GFOW has been onboarded to Bank Muscat’s business-to-business (B2B) Connect, as per the statement. Bank Muscat’s comprehensive B2B Connect solution is a Host-to-Host solution built on an advanced architecture and addresses various corporate needs.

Wafa Ibrahim al Ajmi

Assistant GM

Bank Muscat “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 minimize risks related to payment processes. We continue to enhance our relationship with the General Federation of Oman Workers with our complete range