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Ladies Banking Account

Bank Nizwa Ladies Banking is truly designed around the unique needs and aspirations of a woman. Simply walk in for special attention and a full suite of conveniences at our growing network of branches.

The designer Ladies Banking Classic MasterCard® Debit Card with its exquisite mother-of-pearl inlay also opens up a world of exclusive shopping deals and special privileges on leading brands within Oman and around the world.

The Ladies Banking Debit Card also lets you access your account 24/7 via any ATM or POS globally displaying the MasterCard® logo.

Key Features

  • Sharia compliant product based on the Sharia concept of Mudharaba.
  • No restriction on the number of transactions
  • Instant issuance of debit cards through ITM machines or through any of our branches.
  • Profit is calculated based on the monthly average balance and credited to your account quarterly
  • Standing instructions
  • Pay orders
  • Local and international remittances
  • Free Periodic account e-statements
  • Free Debit card for the first year
  • Customers can operate their Accounts in various major currencies of their choosing, these include OMR, AED, EUR, GBP, and USD.
  • Carry out all the banking transactions using the Bank’s e-channels such as: ATM/CDM, POS Machines, Mobile Banking and Internet Banking.
  • Cash withdrawal and deposit over the counter
  • Access to our 24-hour call center.
  • Cash withdrawals, deposit & balance inquiry services for individual account holders locally and internationally.
  • Utility payments conveniently through various electronic channels.
  • Apply easily directly through Mobile Banking, or at any of our branches spread across the Sultanate
  • No hidden charges.
  • Transparent & fast processing.
  • Transaction alerts
  • Exclusive offers & discounts

Eligibility Criteria

  • Any Omani citizen or resident (single or joint) above 18 years of age.
  • In case of minors, legal guardians can open the account

Fees & Charges

No. Fees and Charges Charges+ VAT
1. Ledger Fee (Minimum Account Balance) Account purpose to receive pension or other social support allowance being granted by the Government / Salary less than RO 200 - Nil
If account Balance falls below RO 200 - Nil
2. Account Closure Fee (within 1 year of opening) RO 3.150
3. New Debit Cards FREE
4. Supplementary Debit Card RO 2.100
5. Replacement Debit Card RO 2.100
6. Cash Withdrawal Nizwa Network Within (Omannet) FREE
7. Annual Fee - Primary / Supplementary Card RO 1.050
8. Cash Withdrawal Bank ATMs Within Oman (Omannet) RO 0.105
9. Segment Non Maintenance Charges Privilege Banking - RO 5.250
Wealth Management - RO 10.500
Private Banking - RO 21.00

Requirements

  • Local ID (Omani Nationals)
  • Resident ID and Passport with Visa page (Expatriates)
  • Passport or Country ID (GCC Nationals)
  • Application form
  • Proof of address
  • Complete the full Common Reporting Standard (CRS) section in account opening form.
  • FATCA – W9 Form (for USA nationals, US Tax resident and Green Card holders)
  • FATCA – W8BEN Form (for customers with a USA address or telephone number or for customers making outgoing payments to the USA)

FAQs

  • What is a Ladies Account?
    Bank Nizwa Ladies Banking is an account designed around the unique needs and aspirations of a woman. With exclusive shopping deals and special privileges on leading brands within Oman and around the world.

Terms and Conditions

Key Fact Statement (KFS)




All Bank Nizwa products and services are approved by the Shari’a Supervisory Board.
View Certificate.


For more information call 24950500 or visit any of our conveniently located branches.

 

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