Doha Bank has cast a partnership with Habib Bank Restricted (HBL), one of many main industrial banks in Pakistan, to supply on-the-go remittance options to Pakistani expats residing in Qatar. The transfer goals to display the bank’s dedication to adopting new applied sciences geared toward offering its prospects with handy and cost-effective companies.
To advertise digital remittance amongst its prospects, Doha Bank’s collaboration with HBL will give its Pakistani prospects the entry to remit cash to Pakistan every time and wherever they need by registering for Worldwide Cash Switch by way of Doha Bank’s cellular app and on-line banking portal.
The brand new on-line service will allow Doha Bank prospects to switch cash to Pakistan the place the beneficiary can gather cash from greater than 1,700 HBL branches throughout Pakistan. The purchasers can switch cash immediately to their HBL accounts and to their different Pakistani bank accounts normally inside one hour, by means of HBL’s IBFT (interbank funds switch) facility in Pakistan.
Underneath Pakistan Remittance Initiative (PRI), Doha Bank’s Pakistani prospects will get pleasure from free-of-charge service on remittances valued over $100 to Pakistan. For remittances under $100 or a number of identical day remittances, costs will apply as per PRI circumstances.
The partnership with HBL is ready to learn the Pakistani group in Qatar by offering them with the best services and products, to assist them meet their banking wants in Pakistan and remit cash to their residence nation, in a fast and handy manner.
“We are very pleased to be partners with Habib Bank Limited. HBL’s commitment to providing a reliable and compliant process that complements our competitive strength makes them an excellent partner to work with on developing and expanding our cross-border remittance services. Doha Bank is committed to bringing forth the latest technologies to create a simple, convenient and cost effective banking experience for our customers,” mentioned Doha Bank CEO Dr Seetharaman in an announcement.
Doha Bank presents a safe, quick, and straightforward manner of sending cash by way of Doha Bank cellular App and on-line banking portal to over 200 international locations and direct on-line remittances to India, Sri Lanka, Lebanon, The Philippines, Nepal, and Pakistan in a cheap method.