Muscat: To enhance the efficiency and security of financial transactions, the Central Bank of Oman (CBO) has announced the go ...

It is the national name for the Basic Bank Account Number (i.e. BBAN). The NIB is made up of a set of 21 digits spread over four parts: The IBAN replaced the NIB as of February 2016, when it began ...

The move follows the Oman Central Bank's implementation of the IBAN system for international transfers from March 31, 2024 ...

MUSCAT: In a significant move to streamline financial transactions, the Central Bank of Oman (CBO) has announced that ...

In this context, the CBO has issued directives to local banks to stop receiving cross-border transfers that do not include ...