Oman’s Sohar International bank has announced the launch of an online Unified Transaction Banking Platform for its Wholesale Banking Clients, which will be providing Cash Management (DigiCash) and Trade Finance (DigiTrade) solutions. The online unified transaction banking services have been conceptualised and implemented as a one-stop solution for corporate and institutional clients, who require an easy and convenient platform for everyday banking requirements such as auto reconciliation, supply chain finance, liquidity management, receivables management, digital trade finance, and payment processing. Accordingly, the Bank has incorporated key global technology trends to provide state-of-the-art solutions that are in sync with its ongoing digitalization strategy.
