MUSCAT -- Bank Muscat has increased the daily limit for mobile banking (mBanking) fund transfer to Bank Muscat accounts from RO 1,000 to RO 2,500 with a maximum transaction limit of 5 transactions (within the overall daily limit of RO 2,500). For fund transfer between one's own Bank Muscat accounts, customers have a higher maximum daily limit of RO 5,000 or 5 transactions per day. Customers can also pay their bills for credit cards, electricity, water, telephone, GSM, Nawras Ajel/top-up, school fees etc. using mBanking with a maximum daily limit of RO 1,000 or five transactions per day. The enhancement of fund transfer limit provides mBanking customers a unique facility to transfer funds in real time to registered beneficiaries. Driven by the latest technological features offering a wide range of banking options, mBanking allows Bank Muscat customers to bank at convenience from 'anywhere, anytime'.
Tariq Atiq (pictured), AGM -- Cards & eBanking, said: "At Bank Muscat, we strive to innovate products and services to provide unmatched benefits to customers while keeping the focus on convenience and security. mBanking has recorded massive success both in terms of usage and customer adoption since it was launched and we will continue to add exciting elements to this service." Tariq Atiq added: "Presently over 100,000 customers are availing the unique services and the consistently growing number of customers reflects the high popularity of mBanking. The majority of customers are utilising the 'anytime, anywhere' mBanking for conducting their day-to-day financial transactions." Soon after its launch in 2012, mBanking won the coveted Sultan Qaboos Award for Excellence in e-Government. mBanking also recently won the 'Best Mobile Payment Application in the Middle East' award.
The bank's initiative to provide banking services via mobile phone complements the government's efforts in creating a digital society and providing electronic services which spell convenience to customers. Bank Muscat enjoys an edge in hi-tech products and services, including electronic payment and web-based services, in tune with the banking requirements of a young, tech-savvy generation. Bank Muscat's state-of-the-art mobile banking application redefines banking with the concept of 'anytime, anywhere' service. With mBanking, Bank Muscat has made banking truly mobile for the largest banking family in Oman who can bank 24/7 'anytime, anywhere'. Notably, the mBanking application works on most of the mobile phones and is customised for iPhones, Blackberry, Android and Java based phones with simple icons and menus. The mBanking application is available in both English and Arabic.
Customers can download the mBanking app and register to receive the mobile banking services. Downloading and using mBanking application is easy:
1. Smart phone users -- iPhone users can download the application free from the Apple Store/ Android Market / Blackberry market.
2. Just Message MB to 90090 to get the download link on your phone
3. Just go to https://m.bankmuscat.com/mb
The mBanking transactions include access to account to view balance and mini statement.
© Oman Daily Observer 2013
