Bank Dhofar

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BankDhofar, the First Bank in the Sultanate to Launch Instant Money Transfer Across the World Through Western Union

  • Customers may send money instantly across the world through Western Union with BankDhofar Mobile Banking App.
  • The first 5,000 transactions will be free of charge, subject to one free transaction for each customer

Muscat| 15 April 2020: Within its ongoing efforts to ensure convenient banking experience for its customers, BankDhofar is pleased to announce the new feature of it Mobile Banking App, which enables the customers to send money instantly across the world through Western Union.

Commenting on the new service, Ahmed Said Al Ibrahim, General Manager & Chief Corporate Services Officer at BankDhofar, noted: "This initiative is part of BankDhofar’s continuous transformation plan, which is putting digital technology and innovation at the core of its strategy to improve the experience of its customers. This move will enable BankDhofar customers to benefit from Western Union transfer feature in our Mobile Banking App, and send money across the world. BankDhofar has always been in a leading position to offer a range of new products and instant payment services.”

"BankDhofar is one of the leading banks in the Sultanate in deploying the latest technologies and in providing cutting-edge financial solutions. The Western Union is a global leader in cross-border, cross-currency money movement. We have added the feature of sending money instantly across the world to our Mobile Banking App through Western Union, with a competitive transaction rate of only OMR 1.500 to all countries. The first 5,000 transactions will be free of charge, subject to one free transaction per customer. This addition will enrich our customers experience" Dr. Tariq Taha, DGM and Chief Digital Banking Digital & Information Officer, added.

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, 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. The network includes 70 branches, 120 ATMs, 58 CDMs and 15 FFMs that work round-the-clock with highest ATM uptime in the Sultanate of 99.4%. 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.

Wed, 15 Apr 2020

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