Sohar International Offers Free Remittance Through Mobile App
Retail customers can use the mobile app to transfer money to a local account or internationally to all countries free of charge. Sohar International recently announced its free remittance offer in line with the bank’s digital transformation strategy to enhance digital financial inclusion. Retail customers can use the mobile app to transfer money to a […]
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Retail customers can use the mobile app to transfer money to a local account or internationally to all countries free of charge.
Sohar International recently announced its free remittance offer in line with the bank’s digital transformation strategy to enhance digital financial inclusion. Retail customers can use the mobile app to transfer money to a local account or internationally to all countries free of charge. The offer will run for an extended period until 31 December 2022.
Khalil Salim Al Hedaifi, Chief Retail Banking Officer at Sohar International, said, “Sohar International continuously monitors the prevailing market scenarios to develop value-added propositions that reserve the potential to have a meaningful impact on its customers. Keeping in mind the volatile economic climate, we must take a holistic approach to provide solutions. The remittance offer is another method to enhance our customer’s banking experience while supporting the nation’s broader digitalisation objectives. Customers can make the most of the current exchange rates by removing the fees related to transferring money, especially for transfers abroad.”
The Sohar International mobile app is a seamless, secure, and convenient platform for customers to transact virtually. Several premium features and ongoing offers make banking quicker, more convenient, and more accessible.
Before the commencement of the campaign, prices for domestic transfers were between RO. 1 to RO. 3, while remittances to India involved a transaction fee of RO. 1.5, and remittances to other countries were charged RO. 5 per transaction. During the offer period, customers will no longer be able to transfer money to India through the branch. Instead, they must migrate to a mobile app and utilise the free remittance offer.
Dedicated to reshaping the future of banking, Sohar International has not only been spearheading industry-leading campaigns. Still, it has also continuously imparted digital training to its employees to ensure they reserve the knowledge to respond to different scenarios. Such people-centricity has led to a motivated team developing innovative products and services for different customer segments.
