Based on the Financial Law promulgated by Royal Decree 47/98,
the Executive Regulation of the Financial Law issued by Ministerial Decision 118/2008,
and in pursuance of public interest,
it is hereby decided
Article I
The text of article III of the aforementioned Ministerial Decision 232/2018 is hereby replaced with the following text:
The fees for registration in the register, its renewal, the modification of its details, and linking a beneficiary number to a bank account number, are hereby determined as follows:
No | Description | Value of the Fee in Rial Omani |
1 | Registering and renewing the beneficiary number for a period of 2 (two) years | 5 |
2 | Modifying the beneficiary number details | 1 |
3 | Linking a beneficiary number to a bank account number |
20 |
Article II
All that is contrary to this decision, or in conflict with its provisions, is hereby repealed.
Article III
This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 1 Ramadan 1444
Corresponding to: 23 March 2023
Sultan bin Salim bin Said Al-Habsi
Minister of Finance
Published in Official Gazette 1487 issued on 2 April 2023.