Oman-based leading financial institution Sohar International has launched the ‘Sohar Business Account’ to cater to the changing needs and demands of its business-owner customers.
The Bank has launched the account with a new direction, fresh methods, and a distinct perspective to provide an efficient, quick, and seamless approach to fulfilling these customers’ diverse banking needs.
The Sohar Business Account option will be offered to organizations that are either sole proprietorships or partnerships and will provide account holders with several unique benefits.
Khalil Salim Al Hedaifi Chief Retail Banking Officer Sohar International
“With a deep understanding of the various businesses day-to-day banking requirements, the Sohar Business Account will undertake a more efficient approach to servicing customers in this category and assist them with their requirements. At Sohar International, we constantly refine and realign our account types to suit our long-term strategies. This has ultimately always proved beneficial to our customers and serves as a testament to the bank’s efforts towards premium client servicing. Meeting the specific needs of customers who own a business, Sohar Business Account supports their enterprises with services including the ease of availing credit and access to a variety of fund management options. We believe that by doing so, it takes off major operational stress from their minds, thereby also contributing to the national economy, by helping them focus on increasing their production capacity.”
According to the company statement, Customers can choose a call account, which combines the flexibility of a current account with the interest potential of a savings account. The clients can open a call account in the name of the establishment using the current account documentation already provided.
Further, the Sohar Business Account offers a slab-based call account with an interest rate of up to 2 percent. The smartly designed Business Account also has various advantages for cash transactions. It ensures there are no restrictions on the number of cash deposits and withdrawals, allowing 24×7 cash deposits through Cash Deposit Machines.
“The Sohar Business Account has a host of special privileges on their debit and pre-loaded cards, offering global acceptability, and usage for e-payment in all Ministries,” according to the statement.
