Bank Sohar S.A.O.G
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Excel Corporate Credit Cards Fees and Commissions Schedule

Annual Fees Fees per card
Excel Corporate Credit Card(s) * 1 - 2 cards = RO 50
3 - 5 cards = RO 45
6 -10 cards = RO 40
11- 20 cards = RO 35
21 and above = RO 30
(or upon agreement with the client)*
Annual Fee Waiver

Minimum Spend of RO 7000/- per year per card will be entitled to annual fee waiver (for this card only)

Fees and Charges
Annual Interest rate for corporate
customers with other credit facilities
12% first year
18% from the second year onwards
Annual Interest rate for corporate customers having corporate credit
cards only as Bank Sohar facilities
12% first year
20% from the second year onwards
Cash Advance Fee RO 3+3% of amount
Card Cancellation Fee RO 20/-
Card Replacement Fee RO 20/-
Over Limit Fee RO 20/-
Returned Cheque Fee (for lack of funds) RO 50/-
Receipt Copy Request Fee (on invalid disputes only) RO 25/-
Foreign Transactions Fees (apply for all transactions made in currencies other then OMR) 3% of transaction amount
Re-payment Term
Minimum Amount Due 100%
Interest Free Period Up to 50 days
Cash Advance
Cash Advance Limit 0% or upon corporate customer request

*- 1st year free annual fee for the Excel Corporate Credit Card against collateral/deposit