Muscat: Adding more convenience to the vast array of its digital solutions and international payment options, BankDhofar has tied-up with Wells Fargo’s Payment Tracker Service to enable the bank to independently track international USD wire transfer of its customers in real-time.
Commenting on the strategic agreement, Bashir Said Al Subhi, Head of Treasury at BankDhofar said: “This collaboration aims at enhancing our customers’ cross-border payment experience.
“Wells Fargo’s Global Payment Services platform offers full visibility of our US Dollar payment activities. The service enables us to trace payments processed by BankDhofar on behalf of its customers through Wells Fargo in near real-time.
“We are looking forward to launch more initiatives and digital solutions that add to the convenience of our customers and enrich their banking experience.”
The Payment Tracker platform provides the bank with a host of features including; monitoring and tracking the status of USD cross border payments, knowing the duration of the payment, understanding the date, currency, and amount credited to the beneficiary.
BankDhofar is one of the best banks in the region, catering to customers’ needs and requirements, and setting the standard for the best customer experience within the banking industry in the Sultanate through innovative products and creative solutions.
Following best international banking practices, the provision of outstanding customer experience, in addition to its commitment to community development and contribution to the growth of the national economy, has placed BankDhofar at the top of the list of best banks in the region.
BankDhofar has established over 200 correspondent banking relationships across the world. Wells Fargo is among BankDhofar’s most prominent correspondent banks for US Dollar payments. BankDhofar has also won several awards from Wells Fargo, Citi Bank, and Commerzbank for its straight-through processing of international payments.