Oman Central Bank Circular No. BM486/1987
Type
Regulatory
Agency
Oman Central Bank
Issued on
20 Oct 1987 (corresponding to 26 Safar 1408 H)
Jurisdiction
Oman
Taxonomy
Financial Institutions, Banks, Payment & Payment Systems
Certain Licensed banks issue cheque books to clients without their names on them. This practice has created many difficulties.
Licensed banks are urged, therefore, to print the names of the customers on the cheques unless acceptable, genuine and serious reasons require them not to do so.
Best regards,
Dr. Abdul Wahab Khayata
President & Deputy Chairman