Global Transaction Banking offers leading-edge products to our business customers worldwide by tailoring them to maximise their working capital by reducing time and administrative processes.
Cash Management
Account Services
- Call Accounts
- Current Accounts
- Cheque Book Services
- Vostro
- Reporting
Cash Management
- Cash Services
- Cheque Services
- Payment & Payroll Services
- Liquidity Management
- Escrow Management
- FI Clearing Services
Fixed Deposit
- Tenor of 1 week to 10 years
- Minimum balance of OMR 5,000 or foreign currency equivalent
- Multi-currency for SMEs, Mid-market and Multinational companie
Payment Services
- Bulk & Utility Payments
- International & Domestic Fund Transfer
- Cheques and Drafts
- Standing Instructions
- Corporate Card & Payroll Services
Trade Finance
Solutions for Importers & Exporters
- Letters of Credit
- Collections
- Financing Solutions
- Letter of Guarantee Issuance
- Domestic & International SCF
- Dynamic Discounting
Structured Trade & Commodity Finance
- Borrowing Base Facilities
- Warehouse Receipt Financing
- Pre-Export Finance
- Pre-Payment Finance
iBanking
Convenience
- Access to iBANKING anywhere, anytime (24/7)
- Comprehensive online help for self-learning and training
- Easy to sign-up and quick on-boarding process
Efficiency and Control
- Straight through process when sending payments online
- Automate your bulk payments through uploading batches of files
- Setup and manage your recurring payments at any time using the Standing Instruction tool
- Initiate recurring payments with one click from stored templates or historical transactions
- Set up authorization matrices and assign rules and accounts to users according to your requirements
- Control the types of alerts and notifications you receive on your accounts
Visibility and Transparency
- Access real-time account balances and the status of online transactions
- Download your reports in various formats, any time you need
- In addition to your operating accounts, your can track your deposits and loan maturity online
- View your corporate transactions online
Security at multiple levels
- Log in using RSA Secure Token with two factor authentication
- High security protocols used for all data exchange between you and FAB