Welcome to GCCNET

The GCCNET is a single ATM network linking all the GCC National Switches. It offers numerous features, kept with standards of similar International Networks.A notable aspect is the availability of this ATM switching facility at a reasonable fee. Further, it decreased the margin of exchange rates between the GCC currencies, account settlement between the member countries are conducted in those countries' own currency, without the need for opening a non-GCC currency account.

OMAN NET "Sultanate of Oman"

After merger of Shamel and Alwatani local switches formed National ATM switch known as "Oman Net" in the year 2001.

Oman Net is geographically located in the heart of the Muscat city and adjacent to Central Bank of Oman. Oman switch is professionally managed by a multinational IT Organization called NCR Corporation. Oman Net offers only the national currency (i.e., Omani Rials) to all Card Issuers and allows cash withdrawals and Balance enquiries.

The fees structure


Shamel members - internal RO.
Withdrawal
0.150
Balance enquiry


Alwatani members - internal RO.
Withdrawal
0.325
Balance enquiry
0.100

Shamel - Alwatani RO.
Withdrawal
0.325
Balance enquiry
0.10

Oman - UAE Oman Acquirer UAE Acquirer
Withdrawal
0.513
5.00
Balance enquiry
0.257
2.50

GCC transactions Gateway charges UAE Acquirer
Aed. RO.
Withdrawal
1
0.103
Balance enquiry
0.5
0.052


Number of ATMs:

There are about 616 ATMs linked to the OMAN Net.