Large increase in usage of international instant money transfer through BankDhofar's app

Muscat: BankDhofar's new mobile banking app service to send money instantly across the world, has seen a large increase in usage. The bank had announced the launch of its new feature of mobile banking app earlier, which enables the customers to send money instantly across the world through Western Union.

Elaborating on that, Dr Tariq Taha, Chief Retail Banking Officer at BankDhofar, noted: "At BankDhofar, we constantly endeavour to design products and services that exceed the expectations of our customers. This service is part of BankDhofar’s strategy which is putting digital technology and innovation at the core of its strategy to improve the experience of its customers. Due to the current conditions of the widespread of COVID-19 pandemic, sending money through Western Union service has seen a large increase in usage. The service enables our customers to send money across the world at their convenience without the need to leave their house, with a competitive transaction rate of only OMR 1.500 to all countries.”

This service will enrich our customers' experience. BankDhofar is one of the leading banks in the Sultanate in deploying the latest technologies and in providing cutting-edge financial solutions. Western Union is a global leader in cross-border, cross-currency money movement.

BankDhofar's Mobile Banking App offers a wide range of exclusive services which are available only with through its award-winning app. The services include; instant transfer to any bank in the Sultanate, cardless cash, a mobile top-up for all telecom providers in the Sultanate, increasing withdrawal limit to OMR 5,000, among other services. BankDhofar customers can access the financial services through a wide network of branches, ATMs and CDMs around the Sultanate, which work round-the-clock with highest ATM uptime. The Bank launched Cardless ATM Banking Services using mobile. The first of its kind service in the world enables customers to conduct ATM transactions easily only by using their mobile numbers.