Children's Savings Account
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Welcome to Bank Muscat Children’s Savings Account​

Where we believe that empowering young minds with financial knowledge and fostering a culture of saving from an early age can lead to a brighter future. Bank Muscat’s children accounts are thoughtfully designed to introduce saving habits in children while ensuring a financially secure future. We are committed to helping your child embark on a rewarding path towards financial success. You can also benefit from the nation’s largest network of 151 branches, over 840 ATMs & CDMs and round-the-clock contact center facility.

Children’s Account​​​

Dedicated account for children below 7 years

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Features:

  • Free accidental insurance coverage for the guardian, subject to maintaining an average balance of 500 OMR per month* in the child account (subject to periodic review and change according to the bank’s policies).
  • The Father/Legal Guardian (with a Bank Muscat Account) will be able to view & manage their Child’s Account as well as transfer funds to & from the Child’s Account to the Guardian’s Account through Mobile Banking and Internet Banking.
  • No minimum balance fee.
  • Access to 24 hours contact center facility.
  • Open a Children’s Account directly through mBanking and Internet Banking.
  • ​Eligible for the Themaar Savings Plan ​to grow your Children’s Account.


  • Frequently Asked Questio​ns

Floosi Account

Dedicated account for children between 7​-17 years

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Features:

  • Free accidental insurance coverage for the guardian, subject to maintaining an average balance of 500 OMR per month* in the child account (subject to periodic review and change according to the bank’s policies).
  • Personalized debit card.
  • No minimum balance required.
  • Social Media giveaways with amazing prizes.
  • Gaming tournaments and exclusive events with the chance to win prizes.
  • Exclusive discounts and offers at your favorite restaurants, cafes and entertainment venues.
  • Access to mBanking, ATM cash withdrawal, e-commerce transactions, and POS services.

Frequently Asked Questions


IconDocuments Required:

    • Child's National ID Card or Birth Certificate or Passport
    • Father/Legal Guardian's ID
    • Disclaimer: If the mother is authorized to operate the account, the following documents must also be presented:
      • Filled [form] and the father's signature in the required field
      • Child's National Birth Certificate (mandatory)
      • C​hild’s National ID or Passport
      • Mother’s ID Card​

Note: Please make sure to upload both sides of the ID card.



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