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Tariff Book-English-Rev8 Bank Charges Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount 1 Savings Account Per month (if balance falls below 500 Baizas OMR 100) Salary below OMR 500 per Nil 1.1 Ledger Fees month Account purpose of receiving pension and other social support Nil allowance being granted by the Government Foreign currency Per month, if balance falls 1.2 Equivalent to 500 Baizas Account Ledger fees below to equivalent of 100 OMR Eligibility & minimum balance 1.3 Interest 0.5% paid on semi-annual basis OMR 100 2 Current Account Per month (if balance falls below 500 Baizas OMR 200) Salary below OMR 500 per Nil 2.1 Ledger Fees month Account purpose of receiving pension and other social support Nil allowance being granted by the Government Foreign currency Per month, if balance falls 2.2 Equivalent to 500 Baizas Account Ledger fees below to equivalent 200 OMR 10 leaves OMR 1 Cheque Book 2.3 Charges 25 leaves OMR 2 50 leaves OMR 3 100 leaves OMR 5 Returned for lack of funds OMR 15 Cheque Return 2.4 Charges Returned for other reasons OMR 10 Per instruction (Single or Bunch 2.5 Stop Payment OMR 5 of cheques) for a day Handling of Post Dated Cheques 2.6 Post Dated Cheques OMR 5 (Per Cheque) Removing Name Individual OMR 10 2.7 from Caution List Corporate OMR 20 3 Call Account F062 Version: 1.2 / November / 2020 - 1 - Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount If balance falls below Monthly OMR 1,000 OMR 2 AED 10,000 AED 50 3.1 Call Accounts USD 2,000 Ledger Fees USD 20 GBP 2,000 GBP 15 EUR 2,000 EUR 20 3.2 Interest At agreed rate 4 Other product specific ledger fee Product / Segment Ledger fee particulars Charge amount per month Asalah Priority Non maintenance of eligibility 4.1 OMR 20 Banking criteria Child/Minor/Shababi 4.2 Ledger fees Nil Saving Account Zeinah Savings Per month (if balance falls 500 Baizas 4.3 account below OMR 100) Ledger Fees for Per month (if balance falls 4.4 OMR 2 Najahi below OMR 500) Al Jawhar Privilege Non maintenance of eligibility 4.5 OMR 5 Banking criteria 5 Other Services If account operated more than 1 Nil 5.1 Account Closure year If account closed within 1 year OMR 3 If account has the minimum Nil balance as per the product 5.2 Dormant Accounts If account does not have the minimum balance as per the OMR 1 every 6 months product Manual Bank Monthly (Saving Account) OMR 5 p.a Statement (other 5.3 Weekly (Saving/ Current Account) OMR 20 p.a than normal periodicity as agreed) Daily (Saving/ Current Account) OMR 50 p.a Up to 6 month OMR 1 Duplicate / Past 5.4 Period of Bank Over 6 to 12 month OMR 3 Statements Over 12 months OMR 5 OMR 2 Copies of Transaction Up to 1 year (Per voucher/cheque) 5.5 Proof/Paid Chequ Over 1 year (Per voucher/cheque) OMR 3 5.6 Nil Liability OMR 2 Certificate F062 Version: 1.2 / November / 2020 - 2 - Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount 6 Safe Deposit Lockers Deposit 6.1 OMR 100 (Refundable) Small (Branches) OMR 50 (Head Office) OMR 150 Medium (Branches) OMR 80 Charges per annum 6.2 (Head Office) OMR 250 (Not Refundable) Large (Branches) OMR 120 (Head Office) OMR 300 Extra Large (Branches) OMR 150 7 Salary Processing Below 25 records by Micro Nil business Salary processing via. 7.1 branches Up to 99 records OMR 10 Above 99 records OMR 20 8 Fixed Deposits 8.1 Interest At agreed rate Prevailing Interest rate applicable Premature Interest rate for Premature 8.2 for the completed deposit period Withdrawal Withdrawal reduced by 1% 9 Themaar Themaar Saving Plan 9.1 On maturity FD rate minus 1% Interest OMR 5, no interest payment Pre closure of Less than 1 year 9.2 Themaar Saving Plan Prevailing FD rate minus 1%, less 1% (Cancelation) More than 1 year penal interest + 3 OMR Less than 1 year No interest payment Pre closure of Saving 9.3 Plan (HESP, RSP) Prevailing Interest rate applicable (Cancelation) More than 1 year for the completed deposit period reduced by 1% 10 Debit Card New card fee Nil Visa Debit Card (for individual Annual fee OMR 1 accounts) 10.1 Additional card issuance fee OMR 2 For technical reasons Nil Replacement For lost / stolen / damaged OMR 2 F062 Version: 1.2 / November / 2020 - 3 - Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount New card fee OMR 2 Najahi Debit Card for Business Annual fee OMR 2 Customer 10.2 Additional card issuance fee OMR 2 For technical reasons Nil Replacement For lost / stolen / damaged OMR 2 Balance inquire fee within Banks Nil Muscat ATM Balance inquire fee within Other OMR 0.050 Banks in Oman ATM Transactions 10.3 (Balance Inquire) Balance inquire fee within Other OMR 0.300 Banks in GCC Balance inquire fee with Nil International ATM Cash withdrawal within Bank Nil Muscat Cash withdrawal within other OMR 0.100 Banks in Oman ATM Transactions 10.4 Cash withdrawal within other (Cash Withdrawal) OMR 0.800 Banks in GCC Cash withdrawal with International OMR 1.500 ATM 10.5 ATM/Debit Card Forex Markup Fees 2.5% 11 Prepaid Card Issuance Fee OMR 2 Replacement Card OMR 5 Fee Annual OMR 1 Maintenance Fee Recharge / OMR 0.100 Reload Fee ATM Balance OMR 0.050 Inquiry Fee ATM Cash Withdrawal 11.1 OMR 0.100 Oman Net ATM Cash Withdrawal OMR 0.800 GCC Net ATM Cash Withdrawal OMR 1.5 International Fee Cancellation Fee Nil Refund Fees OMR 1 Forex Markup Fees 2.5% Dormancy Fee OMR 2 Per Month F062 Version: 1.2 / November / 2020 - 4 - Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount 12 Remittances 12.1 Pay Order Commission OMR 2 Issuance OMR 2 Draft 12.2 Stop payment OMR 3 + Correspondent Bank charges (Foreign currency) Cancellation OMR 2 (At Bank’s buying rate) RTGS (Local) OMR 4.250 ACH (Local) OMR 1 Outward Telex 12.3 Other Countries OMR 5 + other Bank charges (SHA) Charges Charges our payments OMR 15 (OURS) Inquiries/Investigation Fees OMR 15 12.4 Mail Transfer OMR 1 Setup Nil 12.5 Standing Instruction Between Bank account for same Nil client or child account Between Bank account for OMR 0.500 different client Standing Instruction ACH (Local) OMR 1 12.6 Account to Account transfers RTGS (Local) OMR 4.250 OMR 5+ other Bank charges (SHA) Outside the Bank (foreign) OMR 15 (OURS) INR Remittances to India OMR 1.5 INR Remittances to India (IMPS) OMR 2 PHP & USD Remittances to OMR 1.5 Philippines 12.7 Speed Transfers LKR Remittances to Srilanka OMR 1.5 PKR Remittances to Pakistan OMR 1.5 BDT Remittances to Bangladesh OMR 1.5 Inquiries/Investigation Fees OMR 5 Our Customer Fee No Charges Non BM customer to Local Banks OMR 5 Inward Telex Transfer Non BM customer to International 12.8 OMR Payment OMR 10+ Other Bank Charges Bank (VOSTRO) Amendment OMR 15 Cancelation OMR 15 Our Customer Fee No Charges Non BM customer to Local Banks OMR 5 Inward Telex Transfer Non BM customer to International 12.9 FCY PAYMENT OMR 10+ Other Bank Charges Bank (NOSTRO) Amendment OMR 15 Cancelation OMR 15 F062 Version: 1.2 / November / 2020 - 5 - Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount 13 Collections ACH OMR 1 Local Cheques for 13.1 RTGS OMR 4.250 collection Other GCC Currencies OMR 10 Free Vostro Cheque Our Customers 13.2 Payment Non Customers OMR 5 Vostro in case returned 13.3 Our Customers OMR 15 for insufficient funds Direct Debit 13.4 Per Transaction OMR 1 Arrangements Finance Co. 13.5 Per Transaction As Agreed Cheque Collection 14 Bill Collection (OIFC, Ooredoo, etc.) Pyment through Call Centre/ ATM/ 14.1 Charges per bill Nil Cash Deposit Machine/Branch Cash Payment at 14.2 Bank Muscat Account Holders Nil branch counter LOAN PRODUCTS & CREDIT CARDS 15 Consumer Loans, Housing Loan Baituna, Auto Loans Consumer Loans 15.1 Interest As per agreed rate 15.2 Processing Fee OMR 25 Deferment of loan 15.3 OMR 5 installments Special waiver other 15.4 OMR 5 than Eid Pre-payment of 15.5 outstanding loan On amount prepaid 1% before due date 15.6 Rescheduling of Loan OMR 5 15.7 Top up loan processing OMR 5 On overdue amount and for 15.8 Overdue Interest 1% Over agreed rate overdue period only Housing Loan Baituna 15.9 Interest As per agreed rate 15.10 Processing Fee OMR 50 Deferment of loan Per request (Subject to HO 15.11 N/A installments approval) F062 Version: 1.2 / November / 2020 - 6 - Bank Muscat. Better Everyday. Sr No. Charge Type Charge Particulars Charge Amount Pre-payment of 15.12 outstanding loan on amount prepaid 1% before due date On overdue amount and for 15.13 Overdue Interest 1% over agreed rate overdue period only Auto Loans 15.14 Interest As per agreed rate 15.15 Processing Fee OMR 25 Deferment of loan 15.16 N/A installments Pre-payment of 15.17 outstanding loan on amount prepaid 1% before due date On overdue amount and for 15.18 Overdue Interest 1% over agreed rate overdue period only 16 Credit Cards Visa Classic / OMR 10 MC Standard (Primary) Supplementary OMR 5 Visa Premier / OMR 15 MC Gold (Primary) Supplementary OMR 5 MC Platinum (Primary) OMR 100 Supplementary OMR 0 16.1 Annual Fee Visa / MC corporate executive OMR 30 Business Visa / MC corporate OMR 25 Standard Visa / MC corporate purchasing OMR 10 Najahi Standard OMR 50 OMR 150 (Paid once when Najahi Plus opening account) Visa-Infinite (Primary) OMR 120 Supplementary OMR 35 Bank Muscat Oman OMR 15 Air Card (Primary) Supplementary OMR 5 F062 Version: 1.2 / November / 2020 - 7 - Bank Muscat.
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