OIB's Call Deposit Accounts give you the option of maintaining accounts both in Omani Rials and in a foreign currency.
Eligibility
Open to all citizens and residents of Oman.
Features and important notes to remember: Call Deposit Accounts may be opened in most major foreign currencies.
Interest on Call Deposit Accounts is calculated at the prevailing rates.
Interest is accumulated daily and credited as per customers' instructions whether on 7 days call or on a monthly basis.
Funds may be remitted / transferred in the currency in which the account is maintained without any exchange loss.
Corporate customers may use our (Sweep) instructions facility whereby funds are automatically transferred from Current Accounts to Call Deposit Accounts or vice-versa.
Deposits in OMR may be converted and credited into Call Deposit Accounts as desired.
A minimum of OMR 1000/- is required to open a Call Deposit Account.
General's rules governing banker-customer relationship are applicable.
The Bank reserves the right to amend interest rates and any other rates without notice.
Cheques and other instruments deposited in the account will be credited after clearance and final realisation.