Money Transfer Services
BankMuscat Money Transfer service offers you to send money any time through wide variety of modes of disbursal to choose from, to send money to your beneficiary in your home country. You can choose any of the modes as per your
requirement.
Available to only BankMuscat account holders. In case if you are not a BankMuscat customer, then you can walk in to any nearest branch and open a Bank Muscat account by filling up a simple form and attach the necessary documents and get started.
Documents required for opening a BankMuscat account:
- For Omani nationals : copy of the civil card and original only for verification
- For Expatriates : copy of the civil card as well as passport copy and original civil card only for verification
- Zero Balance: - “My Money” BankMuscat account for every individual remitter
Accurate and Hassle Free
One time pre-register your beneficiary with all the correct beneficiary bank account details to ensure smooth payment every time.
Product Features
Simple: send money in 3 simple steps
- Register beneficiary by filling a simple form at any BankMuscat branch
- Go to any BankMuscat CDM
- Put in the money you want to send and follow the instructions on the screen
- FREE SMS confirmation on amount credit to sender and receiver both
- Customer will be able to add up to six different beneficiaries
- Currently we will launch only for India and soon we will add Pakistan, Bangladesh, Philippines, Sri Lanka & Egypt
Product Benefits
- Convenient: Remittance through easy and convenient channels such as CDM
- Any Time:- Funds can be remitted 24/7 by using any CDM
- Exchange Rates:- Competitive exchange rates
- FREE:- OMR 1.5 per transaction irrespective of the amount transferred
- Per transaction cap:– OMR 2000
Value Adds
- *Free Insurance
- Insurance: Death due to any cause & Permanent total disability
- 10 times the amount remitted during the month immediately prior to the date of event subject to maximum of OMR 1,000
- Separate FAQ module pertaining to Insurance is also attached
Free Mobile Talk Time
- Free RO 1, worth of talk time from Nawras per transaction
- Credit will be given only to Nawras Mousbak (pre-paid numbers)
- You will be able to make local as well as ISD calls