National Bank of Oman's Treasury division is among the largest market makers in foreign exchange products. With a sizeable foreign exchange book, the Bank caters to all foreign exchange needs of customers including remittances in 24 global currencies. National Bank of Oman also makes the market for all cross-currencies against OMR and AED for cash, as well as forward deliveries. National Bank of Oman's Treasury division specialises in offering swap products to hedge currency risk for customers and have been offering competitively priced OMR and AED funding through spot and swap markets to foreign investors who have been investing in Oman and the UAE. The significant depth in the OMR and AED money markets and a tremendous local investor franchise gives the Bank a pivotal position in Omani and Emirati foreign exchange markets. NBO Treasury offers the following currency products:
- Currency notes
- Spot foreign exchange
- Foreign exchange swaps & outrights
- Vanilla currency options
- Barrier options and other bespoke derivative solutions
- Currency swaps
NBO offers round-the-clock currency vigils that include orders watching, market alerts and confirmation services. Equipped with ample warehousing capacity and keen execution skills, the foreign exchange desk can clear large orders at attractive prices.
NBO Currency Rates
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What our customers say about us :
"National bank of Oman has been an important business partner of Wallstreet exchange centre (a 100% UAE federal government entity) for many years and has contributed to the success of our organisation Wallstreet would like to thank National bank of Oman for their continued support and for consistently maintaining the efficient service levels."
- Mr Sultan Bin Kharsham
MD, Wallstreet Exchange Centre LLC.