7 Best Bank Accounts In Oman (Based On Customers Experiences)

Choosing the right bank account in Oman is important for managing your money, doing transactions, and using banking services. This guide helps you find the best bank accounts in Oman for everyday accounts and gives tips on what to consider when choosing a bank.

Best bank accounts in Oman.

Top 7 Banks Accounts in Oman

Bank Names Best for Unique Offering
Ahli Bank Easy Account Opening Diverse accounts, user-friendly online banking
Bank Dhofar Online Account Opening & Customer Service Seamless online process, robust digital banking
NBO Online Services Minimal costs, attractive card benefits
Bank Sohar International Convenience for Expats Strategic locations, tailored expat services
Bank Muscat Credit Cards & Services Wide card selection, top digital banking
HSBC Oman Loans Diverse loans, international banking
Bank of Baroda Services for Indian Expats Specialized expat services, competitive rates

1. Ahli Bank – Best for Easy Account Opening

Ahli Bank Oman

Ahli Bank simplifies the account opening process, making it accessible and straightforward. You can start your application online, saving time and reducing paperwork. Once initiated, complete the process at any nearby branch, where knowledgeable staff provide personalized assistance.

Ahli Bank offers a diverse range of account types, ensuring that there is an option that fits your financial needs, whether it’s for personal savings, business transactions, or specialized accounts. Their customer service is highly regarded, providing reliable support whenever needed.

Also, their online banking platform is intuitive and user-friendly, allowing you to manage your finances effortlessly from the comfort of your home or on the go.

If you’re interested in similar savings options in a nearby region, explore the best savings accounts in UAE.

2. Bank Dhofar – Best for Online Account Opening & Customer Service

Bank Dhofar Oman

Bank Dhofar excels in making banking convenient and accessible through its seamless online account opening process. This feature is particularly beneficial for busy individuals who prefer to handle their banking without visiting a branch.

Their commitment to excellent customer service is evident through their attentive and responsive support team, ensuring all your banking needs are met efficiently.

With a broad network of branches across Oman, Bank Dhofar ensures accessibility no matter where you are. They offer a comprehensive suite of banking products, including various account options, loans, and credit facilities, catering to a wide range of financial requirements. Their online and mobile banking platforms are robust, providing a smooth and secure digital banking experience.

For banking options in another nearby country, check out the best bank accounts in Bahrain.

3. National Bank of Oman (NBO) – Best for Online Services

National Bank Of Oman

NBO is a prime choice for those who prioritize online banking. While you need to visit a branch to open an account, once established, you can enjoy minimal banking costs and a highly efficient online banking platform.

NBO’s online services are designed to be comprehensive and easy to use, offering features like bill payments, fund transfers, and account management at your fingertips.

Their diverse range of cards comes with attractive benefits such as cashback, discounts, and rewards, adding value to your everyday transactions.

NBO’s commitment to digital innovation ensures you have access to the latest in banking technology, providing a seamless and secure online banking experience.

To explore similar services in a neighboring country, discover the best bank accounts in Saudi Arabia.

4. Bank Sohar International – Best for Convenience and Services for Expats

Sohar International Oman

Bank Sohar International stands out for its strategic branch locations near major office hubs, making it extremely convenient for professionals. Their competitive banking costs and tailored services for expatriates, including fast and reliable money transfers to India, are significant advantages.

The bank’s customer service is commendable, providing expatriates with the support they need to manage their finances smoothly.

Bank Sohar’s online and mobile banking platforms are robust and user-friendly, ensuring that all banking operations can be conducted efficiently from anywhere. Their services are designed to cater specifically to the expatriate community, making banking in a foreign country straightforward and stress-free.

For expatriates interested in setting up businesses, learn about the best business bank accounts in UAE.

5. Bank Muscat – Best for Variety of Credit Cards and Overall Services

Bank Muscat

Bank Muscat, being the largest bank in Oman, offers an extensive array of services and a wide selection of credit cards. From basic cards to premium options with lucrative rewards, there is a card to suit every financial need and lifestyle.

Their digital banking services are top-notch, providing secure and easy access to your accounts and banking functions online.

Despite some users reporting occasional issues with customer service and security, Bank Muscat remains a strong contender due to its comprehensive service offerings. Vigilance and regular monitoring of accounts can help mitigate these concerns, allowing you to fully benefit from their robust banking solutions.

For a variety of services and credit card options, find out about the best bank accounts in UAE.

6. HSBC Oman – Best for Loans


HSBC Oman is distinguished for its diverse loan offerings, including personal loans, overdrafts, and vehicle financing. This makes it an excellent choice for both expatriates and locals looking for flexible financing options. Their international banking services are particularly beneficial for expatriates, providing seamless global account management and transactions.

HSBC’s online and mobile banking platforms are designed for security and ease of use, ensuring your banking operations are safe and straightforward.

If you’re looking for similar services in another nearby country, explore the best bank accounts in Qatar.

Post-merger, some users have experienced issues, so staying informed and proactive can help maintain a smooth banking relationship with HSBC Oman.

Also, check:
HSBC Premier Account UAE (Features, Pros & Cons)
HSBC Savings Account UAE – Benefits & Features Review
HSBC E-Saver Bank Account – Features and Benefits

7. Bank of Baroda – Best for Services for Indian Expatriates

Bank of Baroda

Bank of Baroda excels in providing specialized services for Indian expatriates, particularly in facilitating efficient and cost-effective money transfers to India.

They offer competitive exchange rates, ensuring you get the best value when sending money home. With a well-placed branch in Ruwi, Bank of Baroda is easily accessible for Indian expatriates.

They offer a variety of banking products tailored to meet the needs of their clients, from savings accounts to loans. Their customer service is highly praised, and their online and mobile banking platforms are designed to provide a seamless banking experience, making it easy to manage your finances no matter where you are.

For Indian expatriates interested in banking options in other regions, check out the best bank accounts in Bahrain.

Key Considerations When Choosing The Right Bank Accounts In Oman

When picking a bank account in Oman, consider the following factors:

  • Minimum Balance Requirements: Some banks have low minimum balance requirements, making them more accessible.
  • Monthly Fees: Check for banks with low or no monthly fees.
  • Ease of Account Opening: Some banks offer easy online account opening.
  • Customer Service: Good customer service is important for handling issues.
  • Online and Mobile Banking: Strong digital banking services make managing your money easier.
  • Accessibility of Branches and ATMs: Choose banks with many branches and ATMs for convenience.
  • International Services: If you travel often, look for banks with good international services.
  • Additional Features: Some banks offer extra products like credit cards and loans.

How to Open a Bank Account in Oman?

To open a bank account in Oman, you typically need:

  1. Necessary documents (passport, visa, proof of employment).
  2. Visit a bank branch (or start online if possible).
  3. Fill out the application form.
  4. Provide biometric information (if required).
  5. Submit the documents.
  6. Make the initial deposit.
  7. Receive your account details.

Requirements can vary, so check with the bank for specific information.

Tips for Managing Your Bank Accounts in Oman

  1. Understand Fees and Charges: Know what fees you might pay.
  2. Use Online and Mobile Banking: Manage your account easily with digital tools.
  3. Set Up Automatic Payments: Avoid late fees by automating bills.
  4. Explore Additional Banking Products: Use extra services like credit cards and loans if needed.
  5. Monitor Your Account Regularly: Check for any unauthorized transactions.
  6. Keep Financial Records: Track your income and expenses.
  7. Seek Assistance When Needed: Contact customer service for help.


Can I open a bank account in Oman as a tourist or non-resident? 

It can be challenging, but options like prepaid forex cards and digital banks are available.

Is it possible to open a bank account in Oman remotely before arriving? 

Some banks may allow you to start the process remotely, but you’ll usually need to visit a branch in person to complete it.

What is the minimum balance requirement for opening a bank account in Oman? 

This varies between banks, so check the specific requirements.

Do banks in Oman offer multi-currency accounts? 

Yes, some banks like HSBC Oman and Bank Muscat offer multi-currency accounts.

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