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money transfer reg

kgkgeotech

I got Job offer in oman,
               Here i want to know the procedure of transferring money to India, either i want to open any NRI account or already available account is enough?

See also

Banking in OmanBusiness Bank account nightmare with SoharCheque bookBanking Options...Local or international?How to link paypal into bank of muscat account
karen

Hello kgkgeotech.

Perhaps these two threads might help.

- /forum/viewtopic.php?id=218660

- /forum/viewtopic.php?id=112377

Thanks and all the best.

Karen :)

GuestPoster411

kgkgeotech wrote:

I got Job offer in oman,
               Here i want to know the procedure of transferring money to India, either i want to open any NRI account or already available account is enough?


Hi kgkgeotech,

You can transfer money to India - even without having a local bank account !

There are numerous 'Money Transfer' places sprinkled liberally all over Muscat and across the Sultanate as well. These money exchanges are meant mostly to aid expatriates transfer money back home - to India, Bangladesh, Pakistan, Sri Lanka, Philippines, Indonesia, Europe and U.S.A., besides any other country in the world.

You have to provide a bank account number where the money would have to get credited. There are also other facilities like door delivery of cash, a beneficiary going to the bank and collecting cash by quoting a secret PIN, etc. Options vary from place to place and from bank to bank.

This is one such place : There are scores others as well.

Given the vast expatriate population, sending money from Oman is a very simple process. The income for the money transferring companies are earned through commissions per transaction.