By Leandra Monteiro
- Card payments
- Cross-border payments
- National payments
Sohar Islamic has announced its free discount offer. The extended offer until December 31, 2022 allows retail customers of Sohar Islamic to transfer money to a local or international account free of charge when using the Sohar Islamic mobile banking app.
About the new offer, Abdul Wahid Al Murshidi, director of the Islamic bank “The Free Remittance offer is an exclusive solution to allow our customers to make instant money transfers at no cost. Additionally, customers can now make the most of current exchange rates after removing money transfer fees, especially for overseas transfers. This will certainly improve our customers’ banking experience while supporting the nation’s broader digitization goals. »
The Sohar Islamic mobile app features a modern and streamlined look and feel that makes it easy to navigate, allowing customers to do banking on the go with facilities to view account balances, transfer funds, pay utility bills, payments by credit card and much more. Prior to the start of the campaign, domestic transfer prices were between ROs. 1 to RO. 3, while international transfers were charged RO. 5 per transaction plus VAT.
With a pervasive culture of innovation, operations and a particular focus on contributing to the socio-economic progress of the country, the bank continues to invest significantly in digitalization, providing a structured and personalized range of relevant technologies and of digital capabilities to ensure it is fully future-proof.
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