Discover the freedom and
convenience of investing in the foreign currency of your choice. With Oman
International Bank's Multi Currency deposits.
Yes! you can operate your
Call, Current, High Yield Multi Currency or Fixed Deposit accounts with
OIB in any international currency including US or Australian Dollars,
British Pounds, Euro or any of the currencies from the GCC nations. With
OIB's Multi Currency Deposits, you get the best returns on your deposits
and the flexibility that international currencies give you and your
business. The following accounts can be operated in the foreign currency
of your choice.
Current Account:
-
A non-interest bearing
account for individuals and companies.
-
Facility to deposit and
withdraw on the same day
-
Overdraft facility with
prior arrangement
-
Standing instructions are
accepted to receive/pay funds
-
Special exchange rates for
conversions/remittances
Call Account:
-
An interest bearing
account for companies and organistaions.
-
Highly competitive
interest rates which are reviewed in the 1st week of every month based
on international inter bank market
-
Deposit and withdraw on
same day
-
Special exchange rates for
conversion/remittances
-
Standing instructions are
accepted to receive/pay funds
-
There is no overdraft
facility available
High Yield Multi Currency
Account
-
A Call Account designed
for individuals to deposit their surplus in their choice of currency
-
Highly competitive
interest rates which are reviewed in the 1st week of every month based
on international inter bank market
-
Customers can deposit and
withdraw on same day
-
Special exchange
rates
-
Standing instructions are
accepted
-
There is no overdraft
facility available
Fixed Deposit
-
Fixed interest rate for
full tenor of the deposit.
-
For deposit of 1-3 months,
market bid rate is applicable, for deposit of 6 months, market bid
rate is paid
-
Premature withdrawal is
subject to penalty of 1% of the deposit amount and replacement cost
(if applicable)
-
Special exchange
rates
-
Standing instructions are
accepted
-
Deposit is received for
similar period unless instructed otherwise.
Response Coupon:
Yes! I am interested in OIB's
Multi Currency Deposits. Please send me more details on.
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