Name of the Service
Request to Create Custom Guarantee
Definition
Bank Guarantee is an amount deposited at specific bank, in the name of company, in order to clear its imports.
Service details
- Companies
- Establishments
- Application Letter indicating type of utilizing the bank guarantee.
- Bank Guarantee shall be renewed within two weeks prior to expiration.
- Submit an original copy of extension to Exemption Department at Directorate General of Customs.
Original Copy if Bank Guarantee.
Application Letter addressed to the general director of customs.
Signature Specimen.
Commercial Registry.
Payment of 5o Omani Riyals for registering the guarantee.
- Submit a request in Bayan System, and attaching all required documents.
- Submit an original copy of extension to Exemption Department at General of Customs.
- Exemption Department shall verify the details, after submitting the application and guarantee.
- Upon reviewing the Application, an initial approval is issued by Exemption Department.
- Application shall be sent to the Director General of Customs or assistant thereof, for final approval.
- Manual review to be made to the guarantee, and confirmation shall be made online at Bayan System.
- Payment of 5o Omani Riyals for the purposes of registering the guarantee.