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Collections Clerk Banking salary in Oman

Average Yearly Salary of Collections Clerk Banking in Oman is approximately 14,212 OMR (5,944 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Collections Clerk Banking do?

occupation personasA collections clerk in banking is responsible for managing and monitoring the collection of outstanding debts owed by customers. They work closely with customers to ensure timely payments, resolve any payment issues or disputes, and maintain accurate records of all collections activities. This role involves contacting customers via phone, email, or mail to remind them of their overdue payments, negotiate payment plans, and provide assistance or guidance on payment options. Collections clerks also handle incoming customer inquiries regarding outstanding balances, payment arrangements, and account discrepancies. They collaborate with other departments, such as credit and sales, to resolve any issues that may hinder the collection process. Strong organizational skills, attention to detail, and excellent communication skills are essential for success in this role.

Skills: Collections clerk, Banking, Debt collection, Customer service, Payment processing, Account reconciliation.
Job industry: Banking


How much does Collections Clerk Banking make?

Salary details
How much does Collections Clerk Banking make?
Estimated Yearly Salary: 14,212 OMR
Estimated Monthly Salary: 1,184 OMR
Estimated Weekly Salary: 273 OMR per week
Estimated Hourly Salary: 7 OMR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,681 OMR
Estimated Monthly Salary: 1,140 OMR
Estimated Weekly Salary: 263 OMR per week
Estimated Hourly Salary: 7 OMR per hour
Last revision of data: 2024-02-03



Collections Clerk Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,944 USD
Estimated Monthly Salary: 495 USD
Estimated Weekly Salary: 114 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Oman, officially known as the Sultanate of Oman, is a country located in the southeastern coast of the Arabian Peninsula. With a population of around 5 million people, it spans an area of approximately 309,500 square kilometers. Oman is bordered by the United Arab Emirates to the northwest, Saudi Arabia to the west, and Yemen to the southwest.

Estimated national average yearly salary is 8,321 OMR (21,640 USD). Value indicated is pre-tax. Below graph shows estimated Collections Clerk Banking job salary compared to average salary in Oman.
Comparison shows that a person working as Collections Clerk Banking in Oman earns on average:
1.71 times the average salary (or 171% of average salary).

Is Collections Clerk Banking a well paid job?

Yes, our data shows that Collections Clerk Banking is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Collections Clerk Banking?

High salary for Collections Clerk Banking would be somewhere between 15,633 OMR and 20,607 OMR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Collections Clerk Banking in Oman?

Living in Oman the approximate monthly expenses are: 866 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 14,212 OMR
Estimated Monthly Salary: 1,184 OMR
Estimated Weekly Salary: 273 OMR per week
Estimated Hourly Salary: 7 OMR per hour
Our data indicates that by working as Collections Clerk Banking you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Oman, see costs of living in Oman.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, United Arab Emirates, Yemen.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Collections Clerk Banking

Saudi Arabia is 18,108 USDup arrow 205%
Details on Collections Clerk Banking salary in Saudi Arabia
United Arab Emirates is 31,928 USDup arrow 437%
Details on Collections Clerk Banking salary in United Arab Emirates
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Oman

(225,004 OMR per year, pre-tax.)
(187,817 OMR per year, pre-tax.)
(181,259 OMR per year, pre-tax.)
(176,098 OMR per year, pre-tax.)
(175,311 OMR per year, pre-tax.)
(172,262 OMR per year, pre-tax.)
(172,070 OMR per year, pre-tax.)
(171,963 OMR per year, pre-tax.)
(171,687 OMR per year, pre-tax.)
(171,274 OMR per year, pre-tax.)

Data as of 2025

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