Banking in Oman
Best banks in Oman for expats & digital nomads
Opening a bank account is one of the first things you do after moving to Oman. Here are the accounts that work for newcomers and non-residents, plus the fintech we would set up before you fly.
How to open a bank account in Oman
Expats open with a passport, resident ID card, proof of employment and proof of address; opening usually takes 3-7 days and an initial deposit (around OMR 500-1,000 for some accounts) may apply. As across the Gulf, a residence visa and the national resident ID are the gatekeepers, though some banks start the process on an employment contract before the ID is issued.
Top banks in Oman
Bank Muscat
traditionalOman's biggest bank; expats open with passport, resident ID and proof of employment/address.
Sohar International Bank
traditionalOne of Oman's larger banks (merged with HSBC Oman operations); broad retail offering.
National Bank of Oman (NBO)
traditionalOne of the oldest local banks with a wide branch network.
Bank Dhofar
traditionalMajor Omani bank with a well-regarded mobile app.
Ahli Bank Oman
traditionalMid-size bank offering conventional and Sharia-compliant products.
International accounts & neobanks
Oman is not on Wise's hold-a-balance list; Wise can send money to Omani accounts but residents cannot hold an OMR balance with Wise.
Available to Oman-based freelancers/businesses to receive international payments and withdraw to a local bank.
Availability changes; confirm on each provider's site.
Next steps in Oman
See the full Oman tax, cost and visa profile, or compare Oman with other destinations. Not sure where to go yet? Take the finder quiz.