Doha Bank and Habib Bank Limited Join Forces to Widen
Digital Remittance Options to Pakistan
July 29, 2019
Doha Bank announced that it has forged a partnership with Habib Bank
Limited (HBL) to offer on-the-go remittance solutions to
Pakistani expats residing in Qatar.
The new digital service, will enable Doha Bank customers to transfer
money instantly to their HBL bank accounts. Pakistani customers
will also be able to remit money to their accounts in other
Pakistani banks in approximately one hour, through HBL’s IBFT
(interbank funds transfer) facility in Pakistan.
Doha Bank’s collaboration with HBL aims at promoting digital
remittance amongst its customers, and will give its Pakistani
customers the access to remit money to Pakistan whenever and
wherever they want by registering for International Money
Transfer via Doha Bank’s mobile app and online banking portal.
Under the Pakistan Remittance Initiative (PRI), Doha Bank’s
Pakistani customers will enjoy free-of-charge service on
remittances to Pakistan with value over USD $200. For
remittances below $200 or multiple same day remittances, charges
will apply as per PRI conditions.
The partnership with HBL is set to benefit the Pakistani Community
in Qatar by providing them with the right products and services,
to help them meet their banking needs in Pakistan and remit
money to their home country, in a quick and convenient way.
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