Bank Muscat and Fexco Partnership Extended Nationwide Across Bank Muscat ATMs in the Sultanate of Oman

• Nationwide scale with DCC enabled across 700 Bank Muscat ATMs throughout Oman, with full roll-out in May 2026 following a phased deployment 

• Enhanced cardholder experience through transparent, real-time currency conversion available in over 100 currencies, supporting international cardholders and visitors with clear, real-time currency conversion at the ATM 

• Decade-long partnership marking 10 years of collaboration between Fexco and Bank Muscat, focused on compliant, customer-centric digital banking innovation 

Fexco has successfully completed the phased deployment of its Dynamic Currency Conversion (DCC) at ATM solution across more than 700 Bank Muscat ATMs nationwide, further strengthening a 10‑year strategic partnership between the two organisations. 

The DCC on ATM service, which has been in pilot since January 2026, completed its final phase of roll-out following a carefully managed, gradual deployment approach. The solution enhances the ATM experience for international cardholders by providing clear, transparent currency conversion choices at the point of cash withdrawal, supporting more informed transaction decisions. 

Through the deployment, Bank Muscat cardholders and visitors to Oman can access a personalised ATM experience across more than 100 currencies, reinforcing the bank’s commitment to convenience, transparency, and customer-centric innovation across the wider payments ecosystem. 

The solution is fully aligned with international card scheme rules and local regulatory requirements, supporting the responsible modernisation of Oman’s payments ecosystem. 

Commenting on the milestone, Abdullah Al Jufaili, Assistant General Manager – Digital Banking at Bank Muscat, said: 

“Our long-standing relationship with Fexco continues to deliver tangible value through innovation. The phased introduction of Dynamic Currency Conversion across our ATM network enhances transparency and usability for international cardholders, while supporting the ongoing evolution of digital banking services in Oman.”

Sean Crowe, CEO of Fexco Financial Services, added: 

“Completing the nationwide deployment of DCC across Bank Muscat’s ATM network is a significant milestone in our decade-long partnership. This project reflects a shared commitment to delivering secure, compliant, and scalable solutions that enhance the cardholder experience and supports Oman’s broader digital payments ambitions.”

The deployment also supports the Sultanate’s strategic focus on enhancing the visitor experience and developing modern, secure digital payments infrastructure, in line with Oman Vision 2040, which prioritises financial-sector advancement and technological innovation.

The roll-out represents a further expansion of Fexco’s in-channel capabilities with Bank Muscat, reflecting a shared commitment to delivering compliant solutions aligned with international best practice.