Euro Savings Account

Savings accounts are accounts that are maintained by the bank pays you interest and can be used by controls. With these types of accounts you can set aside part of your cash while earning a monetary return. Savings accounts are designed to promote the habit of saving all the citizens for them to use their resources as required. savings accounts require a minimum balance to be maintained on monthly / quarterly, which varies from bank to bank

The procedure involved in opening a savings account in Oman is well documented. With only a residence visa and a certificate of no objection from your employer, you can open a savings account in any bank or private PSU (Public Sector Unit). An account holder also enjoys the benefits of credit card debit card, checks and credit cards , according to the type of account.

Some banks float attractive schemes to divert the attention of potential customers. Currently, the National Bank of Oman offers exclusive deals for its Al Kanz Savings Account holders. The logic is simple: the amount of deposit greater opportunities to win cash prizes. With this account you are also eligible for pre-approved credit card.

You can make withdrawals at any time without any fees or penalties. Accept foreign currencies also with the minimum deposit foreign currency is AED 1,000 or 260 USD or GBP 125 or EUR 150. In addition, a savings account Kanz al makes you eligible for a credit card with pre-approved credit limits up to 90% of your deposit in local currency and up to 80% of your deposit in foreign currency.

In all the edges, you can open savings accounts designed for major foreign currencies, predominantly U.S. $ and GB £. Most expatriates, however, to transfer or invest their savings outside their region.