The set of properties related to data transmission is called Radio Bearer (RB).

Article 203 Bearer bonds and nominal bonds that may be legally issued in Oman or another country shall be regarded as official documents, as shall all securities and bank cheques, whether bearer cheques or endorsed cheques.

National legislation requiring the declaration of negotiable bearer instruments being transported across borders when exceeding a specified amount

In most cases, national legislation establishing requirements to declare the cross border transport of cash was also applicable to negotiable bearer instruments.

The Americas was the only region where a majority of the States (65 per cent) reported that their national legislation required the declaration of the cross border transport of negotiable bearer instruments exceeding a specified amount.

To this end and in order to maintain a salutary financial centre, the members of the national banking community have issued a number of agreements concerning the identification of financial transactions involving cash, cheques, travellers cheques and other payment orders with blank endorsements.

Asked whether their national legislation required the declaration of negotiable bearer instruments being transported across borders, 40 per cent of States indicated such a requirement (compared with 45 per cent for the second reporting period and 31 in the first).