Central Banking

Oman launches Clearing House solution

The Central Bank of Oman's Automated Clearing House Solution (ACH) has been completed, HP Middle East announced.

"Customer needs have to be at the forefront of every company's business direction, and the ability to successfully roll out real time inter-bank payments and settlement services across Oman represents an excellent achievement. With the active involvement and support of the HP-led consortium, CBO was able to roll out this end to end solution in record time," said Mr. Iqbal Ali Khamis