Non-resident Accounts
Banking solutions designed to support non-resident customers with a seamless account opening experience.
Bank Muscat offers eligible non-resident customers the opportunity to open an account through a simplified process ,with dedicated support and clear documentation requirements. Whether applying under standard non-resident criteria or the Golden Residency Program, our teams are available to guide you through every step.
Types of Non-Residency
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Standard Non-Resident
Customers residing outside Oman who meet the applicable account opening requirements.
Documents Required – Standard Non-Resident Account Opening:
- Copy of Customer’s Passport
- Ful Residential Address Proof
- Occupational Status
- Source of Funds (6 Month Bank Statement from resident country bank)
- Purpose/Justification of Account Opening with Supporting Proof (examples: Own a property in Oman, first degree relatives’ residents of Oman, Own a business/shareholder/ existing Investments in MSM… etc)
Golden Residency Program
Customers applying for residency under the Golden Residency Program may initiate the account opening process through any Bank Muscat branch or by contacting
goldenresidency@bankmsuscat.com and submitting the required documents for opening a non-resident account under the Non-NID process. Once the request is received, customers will be referred to the Private Banking/Asalah team to facilitate and complete the account opening process.
Documents Required – Non Resident Account Opening for Golden Residency Purpose:
- Copy of customer passport
- Proof of full residential address
- Occupational status details
- Source of funds (6-month bank statement from resident country bank)
- Purpose / justification of account opening with supporting proof (examples: Own a property in Oman, first degree relatives’ residents of Oman, Own a business/shareholder/ existing Investments in MSM… etc)
- Reference letter from resident country bank
- Planned investment amount
Important Note:
If supporting proof is not submitted during account opening, the account may be opened with restricted debit functionality until the Golden Residency Card is submitted.
Eligibility:
- Non-resident customers meeting applicable regulatory and bank requirements.
Fees & Charges:
- Standard account fees and charges apply according to the selected account type.
Frequently Asked Questions (FAQs)
Click here.
Need Support:
Visit your nearest bank muscat branch or contact our team for assistance with non-resident account opening:
goldenresidency@bankmuscat.com
Bank Charges Application form Terms & Conditions
