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NOTICE1/11/2021 8:00:00 PMNOTICEThe Central Bank of Oman in collaboration with Ministry of Finance and Ministry of Labor to notify that the banks operating in the Sultanate<div style="text-align:justify;"> </div><p style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-2">The Central Bank of Oman in collaboration with Ministry of Finance and Ministry of Labor to notify that the banks operating in the Sultanate have been mandated to provide a seamless mechanism for transferring salaries and recurring payments (Bulk Payments) of all government and private agencies/companies through electronic banking services. This corporate banking channel which are safe and secure, and to stop using any methods that do not meet the safety and security standards, and are expensive and consume a lot of time and effort. CBO has been working with the relevant authorities to implement this initiative since the year 2019. However, due to the Corona Virus Pandemic (Covid-19), the deadline was extended several times, and now it is decided to specify <strong>28</strong><strong><sup>th</sup></strong><strong> Feb 2021</strong> as a deadline for banks to stop receiving any salary transfer files by unsecure methods.</span></p><p style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-2">CBO would like to draw the attention of all government and private agencies/companies that banks will not receive any salary orders and recurring payments by unsecure methods, and all government and private agencies/companies must cooperate with banks and adhere to the above-specified date to implement this initiative at the national level for the public interest.</span></p><p style="text-align:justify;"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-2" id="ms-rterangepaste-start" aria-hidden="true"></span><span style="line-height:107%;font-family:"calibri",sans-serif;font-size:16pt;"><strong><font color="#000000"><span class="ms-rteThemeFontFace-1 ms-rteFontSize-2">CBO is always working on utilizing all capabilities and procedures to ensure the streamlined of banking services in a safe and continuous manner</span><span class="ms-rteThemeFontFace-1" dir="RTL"></span><span class="ms-rteThemeFontFace-1" dir="RTL"></span><span lang="AR-OM" dir="RTL"><span class="ms-rteThemeFontFace-1" dir="RTL"></span><span class="ms-rteThemeFontFace-1" dir="RTL"></span>.</span></font></strong></span></p>0x010100C568DB52D9D0A14D9B2FDCC96666E9F2007948130EC3DB064584E219954237AF3900075E4FF44B3F64489802BE694C5C6FB70300A9BCF8A0432A87429120A5B0A0EDBFF9

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