Monday, 17 October 2011

BankMuscat launches remittance service to Philippines

BankMuscat, the leading financial services provider in the Sultanate, and Rizal Commercial Banking Corporation (RCBC) Manila, signed an agreement to launch remittance service to the Philippines.

Sulaiman al Harthy, Group DGM – Consumer Banking, signed the agreement on behalf of BankMuscat and Cynthia P Santos, First Senior Vice-President, signed on behalf of RCBC, in the presence of Philippine embassy officials and prominent community members. To begin with, the new facility will be available at a dedicated remittance centre in Ruwi benefitting the 55,000-strong Filipino community in the Sultanate.

Sulaiman al Harthy said: “As always, BankMuscat takes the lead in offering value added services to customers, including Expat customers, out of which the Filipino community represents the fifth largest customer base of the bank. BankMuscat continuously seeks ways to ensure that our customers receive the best products and service. In view of our ongoing efforts to expanding banking services to customers, especially to meet the increased demand for remittance services, we are launching a dedicated Filipino remittance desk to cater to our customers. The BankMuscat strategy is to attract customers through innovative products and services. The Bank remains focused on providing value added services.” Read more

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