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Charges VAT Amount OMR Inclusive in OMR in OMR of VAT Bank Muscat. Better Everyday. Total Amount in Sr No. Charge Type Charge Particulars Bank Charges VAT Amount OMR inclusive in OMR in OMR of VAT Bank Charges F062 Version: 1.7 / August / 2021 - 1 - Bank Muscat. Better Everyday. Total Amount in Sr No. Charge Type Charge Particulars Bank Charges VAT Amount OMR inclusive in OMR in OMR of VAT 1 Savings Account Per month (if balance falls 0.500 0.025 0.525 below OMR 100) Salary below OMR 500 per Nil Nil Nil 1.1 Ledger Fees month Account purpose to receive Nil Nil Nil pension or other social support allowance being granted by the Government 1.2 Foreign currency Per month, if balance falls 0.500 0.025 0.525 Account Ledger fees below to equivalent of 100 OMR Eligibility & minimum balance 1.3 Interest* OMR 100. Paid on semi annual 0.50% N/A 0.50% basis 2 Current Account Per month (if balance falls 0.500 0.025 0.525 below OMR 200) Salary below OMR 500 per Nil Nil Nil 2.1 Ledger Fees month Account purpose to receive Nil Nil Nil pension and other social support allowance being granted by the Government 2.2 Foreign currency Per month, if balance falls 0.500 0.025 0.525 Account Ledger fees below to equivalent of 200 OMR 10 leaves 1.000 0.050 1.050 2.3 Cheque Book 25 leaves 2.000 0.100 2.100 Charges 50 leaves 3.000 0.150 3.150 100 leaves 5.000 0.250 5.250 Returned for lack of funds 15.000 0.750 15.750 2.4 Cheque Return Charges Returned for other reasons 10.000 0.500 10.500 2.5 Stop Payment Per instruction (Single or Bunch 5.000 0.250 5.250 of cheques) for a day Handling or post Dated 5.000 0.250 5.250 2.6 Post Dated Cheques Cheques (Per/ Cheque) Individual 10.000 0.500 10.500 2.7 Removing Name from Caution List Corporate 20.000 1.000 21.000 3 Call Account If balance falls below Monthly 3.1 Call Accounts Ledger Fees OMR 1,000 2.000 0.100 2.100 F062 Version: 1.7 / August / 2021 - 1 - Bank Muscat. Better Everyday. Total Amount in Sr No. Charge Type Charge Particulars Bank Charges VAT Amount OMR inclusive in OMR in OMR of VAT AED AED AED AED 10,000 50.000 2.500 52.500 USD USD USD USD 2,000 20.000 1.000 21.000 GBP GBP GBP GBP 2,000 15.000 0.750 15.750 EUR EUR EUR EUR 2,000 20.000 1.000 21.000 3.2 Interest* At agreed N/A At agreed rate rate 4 Other product specific ledger fee Product / Segment Ledger fee particulars.Charged per month 4.1 Asalah Priority Non maintenance of eligibility 20.000 1.000 21.000 Banking criteria 4.2 Child/Minor/Shababi Ledger fees Nil Nil Nil Saving Account Zeinah Savings Per month (if balance falls 0.500 0.025 0.525 4.3 Account below OMR 100) Ledger Fees for Per month (if balance falls 2.000 0.100 2.100 4.4 Najahi below OMR 500) Al Jawhar Privilege Non maintenance of eligibility 5.000 0.250 5.250 4.5 Banking criteria 5 Other Services If account operated more than Nil Nil Nil 1 year 5.1 Account Closure If account closed within 1 year 3.000 0.150 3.150 If account has the minimum balance as per the product Nil Nil Nil 5.2 Dormant Accounts If account does not have the 1.000 0.050 1.050 minimum balance as per product. Charges are every 6 months Monthly (Saving Account). 5.000 0.250 5.250 Charges in per annum Manual Bank Statement (other 5.3 Weekly (Saving Current Account). 20.000 1.000 21.000 than normal Charges in per annum periodicity as agreed) Daily (Saving/Current Account). 50.000 2.500 52.500 Charges in per annum Up to 6 months 1.000 0.050 1.050 Duplicate / Past 5.4 Period of Bank Over 6 to 12 months 3.000 0.150 3.150 Statements Over 12 months 5.000 0.250 5.250 Up to 1 year (Per voucher/cheque) 2.000 0.100 2.100 Copies of Transaction 5.5 Proof/Paid Cheque Over 1 year (Per voucher/cheque) 3.000 0.150 3.150 Nil Liability 5.6 2.000 0.100 2.100 Certificate 6 Safe Deposit Lockers 6.1 Deposit (Refundable) 100.000 N/A 100.000 F062 Version: 1.7 / August / 2021 - 2 - Bank Muscat. Better Everyday. Total Amount in Sr No. Charge Type Charge Particulars Bank Charges VAT Amount OMR inclusive in OMR in OMR of VAT Small (Branches) 50.000 2.500 52.500 (Head Office) 150.000 7.500 157.500 Medium (Branches) 80.000 4.000 84.000 Charges per annum 6.2 (Head Office) (Not Refundable) 250.000 12.500 262.500 Large (Branches) 120.000 6.000 126.000 (Head Office) 300.000 15.000 315.000 Extra Large (Branches) 150.000 7.500 157.500 7 Salary Processing Below 25 records by Micro Nil Nil Nil business Salary processing 7.1 via branches Up to 99 records 10.000 0.500 10.500 Above 99 records 20.000 1.000 21.000 8 Fixed Deposits 8.1 Interest* At agreed rate N/A 8.2 Premature Interest rate for Pre- Prevailing N/A Prevailing Withdrawal* mature Withdrawal Interest rate Interest rate applicable applicable for the for the completed completed deposit deposit period period reduced reduced by 1% by 1% 9 Themaar 9.1 Themaar Saving On maturity* FD rate N/A FD rate Plan Interest* minus 1% minus 1% Less than 1 year, no interest 5.000 0.250 5.250 payment Pre closure of Prevailing FD Prevailing FD 9.2 Themaar Saving Plan More than 1 year Interest* rate minus N/A rate minus (Cancelation) 1%, less 1% 1%, less 1% penal interest penal interest More than 1 year fees 3.000 0.150 3.150 Less than 1 year* No interest N/A No interest payment payment Pre closure of Saving Prevailing N/A Prevailing More than 1 year* Interest rate Interest rate 9.3 Plan (HESP, RSP) applicable applicable (Cancelation) for the for the completed completed deposit deposit period period reduced reduced by 1% by 1% 10 Debit Card First card fee Nil Nil Nil Visa Debit Card (for individual Additional card issuance fee 2.000 0.100 2.100 accounts) Annual fee 1.000 0.050 1.050 10.1 Wearable Shababi Debit Card 5.000 0.250 5.250 For technical reasons Nil Nil Nil Replacement For lost / stolen / damaged 2.000 0.100 2.100 Wearable Shababi Debit Card For technical reasons/lost/stolen/damaged 5.000 0.250 5.250 F062 Version: 1.7 / August / 2021 - 3 - Bank Muscat. Better Everyday. Total Amount in Sr No. Charge Type Charge Particulars Bank Charges VAT Amount OMR inclusive in OMR in OMR of VAT New card fee 2.000 0.100 2.100 Najahi Debit Card for Business Annual fee 2.000 0.100 2.100 Customer Additional card issuance fee 2.000 0.100 2.100 10.2 For technical reasons Nil Nil Nil Replacement For lost / stolen / damaged 2.000 0.100 2.100 Balance inquire fee within Bank Nil Nil Nil Muscat ATM Balance inquire fee within other 0.050 0.003 0.053 Banks in Oman 10.3 ATM Transactions (Balance Inquire) Balance inquire fee within other Banks in GCC 0.300 0.015 0.315 Balance inquire fee with International ATM Nil Nil Nil Cash withdrawal within Bank Muscat Nil Nil Nil Cash withdrawal within other Banks in Oman 0.100 0.005 0.105 ATM Transactions 10.4 (Cash Withdrawal) Cash withdrawal within other Banks in GCC 0.800 0.040 0.840 Cash withdrawal with International ATM 1.500 0.075 1.575 10.5 ATM/Debit Card Forex Markup Fees* 2.5% N/A 2.5% OmanNet Account to 10.6 Per transaction charges to Sender 0.200 0.010 0.210 Account Transfer to OmanNet Debit Card 11 Prepaid Card Issuance Fee 2.000 0.100 2.100 Replacement Card 5.000 0.250 5.250 Fee Annual 1.000 0.050 1.050 Maintenance Fee Recharge / Reload 0.100 0.005 0.105 Fee 11.1 ATM Balance Inquiry 0.050 0.003 0.053 Fee ATM Cash Withdrawal 0.100 0.005 0.105 Oman Net ATM Cash Withdrawal 0.800 0.040 0.840 GCC Net ATM Cash Withdrawal 1.500 0.075 1.575 International Fee Cancellation Fee Nil Nil Nil Refund Fees 1.000 0.050 1.050 F062 Version: 1.7 / August / 2021 - 4 - Bank Muscat. Better Everyday. Total Amount in Sr No. Charge Type Charge Particulars Bank Charges VAT Amount OMR inclusive in OMR in OMR of VAT Forex Markup Fees* On Actual transaction value 2.5% N/A 2.5% Dormancy Fee Per Month 2.000 0.100 2.100 12 Remittances 12.1 Pay Order Commission 2.000 0.100 2.100 Issuance 2.000 0.100 2.100 Draft (Foreign 12.2 Stop payment, Correspondent Bank 3.000 0.150 3.150 currency) charges extra on actual Cancellation at Bank’s buying rate 2.000 0.100 2.100 RTGS (Local) 4.250 0.213 4.463 ACH (Local) 1.000 0.050 1.050 Outward Telex 12.3 Charges Other Countries.
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