BankDhofar expands Numo Current Account options for SMEs
BankDhofar has introduced three Numo Current Account variants offering small and medium enterprises (SMEs) greater banking flexibility, cost savings and enhanced benefits tailored to their business needs. The initiative strengthens the bank’s Numo SME banking proposition with a tiered range of accounts designed to support businesses at different stages of growth.
The enhanced portfolio comprises three account variants — Numo Current Account, Numo Plus Current Account and Numo Pro Current Account — each offering a distinct range of benefits linked to minimum balance requirements. The tiered structure enables businesses to select an account that best suits their operational needs, transaction volumes and financial capabilities, while providing opportunities to access additional privileges as their businesses grow.
Numo Current Account requires a minimum balance of RO 200, making it an accessible option for smaller enterprises seeking essential day-to-day banking services. The newly introduced Numo Plus Current Account, with a minimum balance of RO 1,000, offers an intermediate tier with enhanced benefits for growing businesses. The Numo Pro Current Account, requiring a minimum balance of RO 5,000, caters to more established SMEs seeking greater banking privileges and preferential service terms.
Depending on the selected account variant, customers can benefit from complimentary cheque books, waivers of annual account maintenance fees, reduced charges on cheque-related services and account administration, and complimentary or discounted Business Debit Card issuance and annual fees. Additional privileges include preferential pricing on international remittances, free duplicate statements and enhanced transaction benefits.
The three-tier structure also offers businesses the flexibility to upgrade or downgrade their accounts in line with changing requirements, ensuring that their banking arrangements remain responsive to their operational and financial circumstances.
Launched in 2025, Numo represents BankDhofar’s comprehensive approach to empowering Oman’s SME sector by combining financial services, digital innovation and personalised institutional support. Its growing portfolio encompasses business banking accounts, payment and point-of-sale solutions, financing facilities and digital banking tools designed to simplify transactions, strengthen cash flow management and improve operational efficiency.
Complementing these offerings is a network of dedicated Numo SME Centres and relationship managers who provide businesses with personalised guidance and access to appropriate banking solutions.
Through the introduction of the Numo Current Account variants, BankDhofar continues to reinforce its commitment to fostering entrepreneurship, supporting SME competitiveness and contributing to the growth and diversification of Oman’s economy in line with Oman Vision 2040.
