Related Services

  • The portal provides a service to process local direct debit card transactions, through a multi -use platform. And also to facilitate local electronic commercial services for traders in the Sultanate.

    Conditions and regulations:
    • Trader's commercial registry or institution
    • The rest of the documents and procedures are provided by the institution provided for the service and related to procedures I know your customer and due care (Kyc and Due Diligence)
    Sectors
    Safety & Security
    Business & Finance
    Fees
    The service fee 1% of the value of the transaction is a maximum of 5.320 OMR for the government sector. The service fee is 1.5% of the value of the transaction, with a maximum of 10 OMR for the private sector.
    Service Provider
    Payment Systems Operations Department
  • Selling commemorative currencies/cash heaters/books/brochures and any other publications, for those interested in the public and governmental and private institutions.

    Conditions and regulations:
    • A valid bank card.
    Sectors
    Safety & Security
    Business & Finance
    Fees
    It differs in the type of release required, as the price ranges between 0.250 baza to 6000 OMR. For more details, please visit the Central Bank website or attend personally
    Service Provider
    Cash Administration Department
  • The immediate total settlement system provides high -value transfer service and also the immediate total settlement between local banks, which is only a service for the banking and financial sector.

    Conditions and regulations:
    • The merchant/institution or individual must have a bank account in one of the licensed local banks in order to be able to benefit from the service
    Sectors
    Safety & Security
    Business & Finance
    Fees
    The licensed banking and financial institutions are allowed to deduct up to 4 Omani lines as a fee for the service on the transactions implemented through the system.
    Service Provider
    Payment Systems Operations Department
  • The service of connecting banking institutions licensed to Oman Net provides a safe, comfortable, and rapid infrastructure for conducting local transactions for ATMs to exchange transactions related to direct debit cards or a prepaid card of Oman Net.

    Conditions and regulations:
    • The individual/customer must have a direct discount card or a DEBIT Card or Prepaid Card for one of the licensed banking institutions in order to be able to conduct this transaction
    Sectors
    Safety & Security
    Business & Finance
    Fees
    Service fees for individuals: 1. Cash clouds: 0.100 baisa 2. Inquiry balance: 0.050 baisa 3. A mini account: 0.050 baisa 4. Transfer between accounts: 0.200 baisa for the sender
    Service Provider
    Payment Systems Operations Department
  • This service aims to organize the visit of individuals and institutions (academic and non -academic) to the Money Museum by requesting a prior visit on the website of the Central Bank of Oman

    Conditions and regulations:
    • A valid bank card.
    Sectors
    Safety & Security
    Business & Finance
    Fees
    0.250 baisa
    Service Provider
    Cash Administration Department
  • The check clearing service is provided to all licensed banking institutions electronically by transferring a copy of the check through a process called Straight Through Processing (STP) directly from the teller to the clearing system at the Central Bank for settlement. The system calculates the net clearing dues for each participant and sends them to the real-time settlement system for settlement at the end of each session.

    Conditions and regulations:
    • The merchant/institution or individual must have a bank account in one of the licensed local banks in order to be able to benefit from the service
    Sectors
    Safety & Security
    Business & Finance
    Fees
    There are no fees
    Service Provider
    Payment Systems Operations Department
  • The network works to connect ATM networks and points of sale between the countries of the Gulf Cooperation Council to facilitate the exchange of withdrawal and payment transactions between countries and to provide a Gulf claims system to settle disputes related to transactions. It provides withdrawal and payment services between the GCC countries for local customers and Gulf visitors.

    Conditions and regulations:
    • The merchant/institution or individual is required to have an account in one of the licensed banking institutions
    Sectors
    Safety & Security
    Business & Finance
    Fees
    The use of the Gulf network use in ATM transactions and points of sale. Service fees for merchants: 1% of the value of the transaction and a maximum of 5.320 riyals for the government sector. 1.5% of the value of the transaction and a maximum of 10 riyals for the private sector. Service fees for individuals: Cash clouds: 0.800 bais Inquiry balance: 0.300 baisa Pay via points of sale: for free Gulf claims use fees: No
    Service Provider
    Payment Systems Operations Department
  • The service of linking licensed banking and financial institutions to the Automated Clearing House (ACH) platform provides facilitation of direct payment operations between licensed local institutions using the account number to carry out large number of frequent, low-value financial transfers. The service can be used around the clock.

    Conditions and regulations:
    • The merchant/institution or individual must have a bank account in one of the licensed local banks in order to be able to benefit from the service
    Sectors
    Safety & Security
    Business & Finance
    Fees
    Service fees 1 Omani on transfers between local banks
    Service Provider
    Payment Systems Operations Department
  • The service provides mobile phone payment and electronic transfers using the phone number and Quick Response (QR) code, as well as utilizing the alias that operates 24/7. This alias enables interoperability between various banking applications and electronic wallet providers offered by banks and payment service providers.

    Conditions and regulations:
    • The service is activated through banking services applications via mobile phone, electronic portfolios of banks and payment service providers
    Sectors
    Safety & Security
    Business & Finance
    Fees
    Service fees for individuals: From person to person 100 baisa as a maximum.
    Service Provider
    Payment Systems Operations Department
  • The service of linking banking institutions licensed to Oman Net provides a safe, comfortable, and rapid infrastructure for conducting local transactions for points of sale to exchange transactions related to direct debit cards or a prepaid card of Oman Net.

    Conditions and regulations:
    • The merchant or institution must have a bank account in one of the licensed local banks in order to be able to obtain this service
    Sectors
    Safety & Security
    Business & Finance
    Fees
    Service fees for the merchant: 1. 1% of the value of the transaction and a maximum of 5.320 OMR for the government sector 2. 1.5% of the value of the transaction and a maximum of 10 OMR for the private sector Service fees for individuals: 1. Pay via points of sale: for free
    Service Provider
    Payment Systems Operations Department
  • The service provides a linkage between licensed financial and banking institutions within the Direct Debit (DD) and Management Mandate System (MMS). This facilitates direct debit transactions between local banking institutions, which in turn enables customers to authorize the regular deduction of specific amounts from their bank accounts for a predetermined period, based on the agreement made through the official Direct Debit Authorization form. On the other hand, businesses can also benefit from offering installment payment services to their customers, thereby increasing their purchasing power.

    Conditions and regulations:
    • The merchant or institution must have a bank account in a local bank in order to be able to obtain this service
    Sectors
    Safety & Security
    Business & Finance
    Fees
    No fees
    Service Provider
    Payment Systems Operations Department
  • The service of linking licensed financial and banking institutions to the Wage Protection System (WPS) facilitates the process of transferring and disbursing salaries to employees working in various private enterprises. This is achieved by streamlining payment transactions between different banking institutions in cooperation with the Ministry of Labor, ensuring the protection of the rights of workers in the private sector.

    Conditions and regulations:
    • The merchant or institution must have an account in one of the licensed banking institutions in order to be able to obtain this service
    Sectors
    Safety & Security
    Business & Finance
    Fees
    There are no fees for salaries to encourage various local institutions to use this service.
    Service Provider
    Payment Systems Operations Department
  • The service provides mobile phone payment using Quick Response (QR) code, operating 24/7. It facilitates interoperability among various banking applications and electronic wallets managed by different banks in the Sultanate. Businesses can benefit from this service by offering a Quick Response (QR) code, which in turn allows merchants to electronically collect payments into their bank accounts.

    Conditions and regulations:
    • The merchant or institution must have a bank account in one of the licensed local banks
    Sectors
    Safety & Security
    Business & Finance
    Fees
    Service fees for the merchant: 0.75 % of the value of the transaction with a minimum of 0.03 baisa and a higher -higher 1 riyals for the government sector. 0.75% of the value of the transaction with a minimum of 0.03 baisa for the private sector. Service fees for individuals: Payment via Rapid response icon: for free
    Service Provider
    Payment Systems Operations Department
  • The service provides transaction settlement between various licensed banking institutions in the Sultanate and Gulf networks by the end of the specified workday, along with managing disputes and claims related to transactions between licensed banks and their settlement.

    Conditions and regulations:
    • nothing
    Sectors
    Safety & Security
    Business & Finance
    Fees
    There are no fees
    Service Provider
    Payment Systems Operations Department
  • The 24/7 service office works around the clock to support and receive complaints and inquiries of beneficiaries and monitor systems with importance in the central bank.

    Conditions and regulations:
    • Nothing
    Sectors
    Safety & Security
    Business & Finance
    Fees
    No fees
    Service Provider
    Operations and Services Management Department
  • The service allows the auditor to file a complaint to the Central Bank of Oman on the institutions subject to the supervision of the Central Bank or the services available in the banking sector.

    Conditions and regulations:
    • The complainant must prove his communication or submit a previous complaint with the concerned party (commercial banks /financing companies /ATMs)
    Sectors
    Safety & Security
    Business & Finance
    Fees
    No fees
    Service Provider
    Customer Service Department
  • This service aims to organize the service of individuals by replacing the damaged papers with new cash papers

    Conditions and regulations:
    • Bring damaged criticism
    Sectors
    Safety & Security
    Business & Finance
    Fees
    No fees
    Service Provider
    Cash Administration Department
  • This service aims to organize the service of individuals by replacing the burning papers with new cash papers

    Conditions and regulations:
    • Bring criticism
    Sectors
    Safety & Security
    Business & Finance
    Fees
    No fees
    Service Provider
    Cash Administration Department
  • This service aims to evaluate and organize applications for licensing institutions under the supervision of the Central Bank

    Conditions and regulations:
    • With regard to banks, financing and leasing companies, exchange professions, exchange, and conducting transfers according to the banking law issued by Royal Decree No. 2000/114, executive regulations and the circulars of the Central Bank of Oman available on the Central Bank of Oman website
    • As for the payment service providers, the requirements follow the law of national payments systems issued by Royal Decree No. 8/8 and the executive regulations of the Payments Systems Law 2019/1
    Sectors
    Safety & Security
    Business & Finance
    Fees
    It varies according to the activity (a local bank/ foreign bank/ financing and leasing company/ exchange companies/ exchange company and conducting transfers/ payment service providers and modern financial technology companies)
    Service Provider
    Licensing Department
  • This initiative is concerned with enabling financial institutions, emerging projects and local and international financial technology companies from the actual test and the experience of its innovative projects supported by modern technology in a safe environment. The Sandbox is known as the test through which the Central Bank of Oman allows some regulatory exemptions for participants who present financial technology applications to prove their effectiveness and ability to continue. The test is direct in the sense that it includes actual volunteer clients, but in limited numbers of restrictions on the sizes and values ​​of operations and the methods of conducting them.

    Conditions and regulations:
    • 1. A trade record licensed by the Ministry of Trade, Industry and Investment Promotion
    • 2. A valid bank account with a local bank
    • 3. Complete the appropriate criteria for the Central Bank of Oman (as shown in the application form)
    • 4. The fulfillment of the conditions in the framework of the work published on the website of the Central Bank of Oman
    Sectors
    Safety & Security
    Business & Finance
    Fees
    200 OMR
    Service Provider
    The Innovation Department

Offical Contact:

Website https://www.cbo.gov.om
Tel: 24777777 968+