BankMuscat secures JP Morgan Quality award

BankMuscat was recently presented the JP Morgan Chase Quality Recognition Award for its outstanding performance and long-term commitment to quality in the area of fund transfer. The award is presented to JPMorgan Chase clients who have achieved straight through rates in the area of funds transfer between 90 per cent and 98.9 per cent and relates to MT 103 transfers (which are customer-related payments) that have been made by the Bank. Less than one percent of JP Morgan fund transfer clients were able to qualify for this award.