Non-FATCA Banks in Oman



Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

Typically this website lists banks with a SWIFT BIC, and smaller banks tend not to have a SWIFT BIC.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
AHLI BANK S.A.O.G
MUSCAT
PI1SM3.00000.LE.512
AHLI BANK
Oman
ALIZZ ISLAMIC BANK
MUSCAT
WFRMQB.99999.SL.512
alizz islamic bank SAOG
Oman
BANK DHOFAR (S.A.O.G.)
RUWI
TIBNR7.99999.SL.512
BANK DHOFAR SAOG
Oman
Bank Melli Iran NONE
Bank Muscat SAOG 4FG6FQ.00000.LE.512
Bank Muscat S.A.O.G.
Oman
BANK NIZWA
MUSCAT
M3RP4Q.99999.SL.512
Bank Nizwa S.A.O.G.
Oman
BANK OF BARODA 8H4YD6.99999.BR.512
Branch
Oman
BANK OF BEIRUT S.A.L.- OMAN BRANCH
MUSCAT
DMDBNH.00000.BR.512
Branch
Oman
Bank Saderat Iran NONE
BANK SOHAR S.A.O.G
RUWI
MUSTKC.99999.SL.512
Bank Sohar SAOG
Oman
CENTRAL BANK OF OMAN
RUWI
NONE
HABIB BANK OMAN
RUWI
GRM1UC.00000.BR.512
Branch
Oman
HSBC BANK OMAN S.A.O.G (FORMERLY HSBC BANK MIDDLE EAST)
RUWI
1H2ZDC.00003.ME.512
HSBC Bank Oman S.A.O.G.
Oman
NATIONAL BANK OF ABU DHABI, OMAN MAIN BRANCH
MUSCAT
5MCWVV.00005.ME.512
National Bank of AbuDhabi Oman
Oman
NATIONAL BANK OF OMAN
MUSCAT
P2UF95.00000.LE.512
National Bank of Oman
Oman
OMAN ARAB BANK SAOC
RUWI
YPV5I0.99999.SL.512
OMAN ARAB BANK SAOC
Oman
Oman International Bank SAOG NONE
QATAR NATIONAL BANK
MUSCAT
8K5XGT.00000.BR.512
Branch
Oman
STANDARD CHARTERED BANK
MUSCAT
T04M9Y.00000.BR.512
Branch
Oman
STATE BANK OF INDIA, MUSCAT, OMAN
MUSCAT
HMAB4L.99999.SL.512
State Bank of India Muscat
Oman
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.


But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.



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