QIB Expands Direct Remittance Service to Nepal by Offering Instant Money Transfers via Mobile Apps – TradingView News

Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the addition of Nepal to its direct remittance service on its mobile app and Lite app. This strategic move signifies QIB’s commitment to elevating and expanding its suite of remittance options, designed to meet the evolving needs of its diverse customer base, as part of its efforts to support financial inclusion in Qatar and in line with QCB’s third strategic plan for the financial sector.

After successfully launching the Direct Remit service in Bangladesh, India, Pakistan, Jordan, Philippines, Egypt and the UK, QIB is entering into a strategic alliance with Nabil Bank to bring Nepal on the Direct Remit service. This collaborative effort expands the reach of QIB’s Direct Remit network to eight countries and sets the stage for expansive growth into new territories on the horizon.

Providing customers with seamless and instant transfers between accounts, the QIB mobile app and the newly launched QIB Lite app serve as real-time transaction channels, offering competitive exchange rates and unmatched convenience around the clock.

With a user-friendly interface, customers can effortlessly add beneficiaries, select destinations, and complete transfers with maximum efficiency. Transactions are processed instantly and funds reach the beneficiary’s bank within a few minutes. This service operates 24 hours a day, 7 days a week, and is accessible from anywhere, providing unrivaled accessibility and ease of use. Customers can monitor their transactions in real time and receive instant SMS notifications on transaction status.

Mr. D. Anand, CEO, QIB – Personal Banking Group, said, “As we continually strive to enhance our direct transfer offering through our mobile apps, we are delighted to expand our services to Nepal. This expansion is a testament to our commitment to providing a seamless, secure and efficient banking experience that meets the diverse needs of our customers. Offering our customers an additional option to conveniently and competitively transfer money to Nepal underscores our commitment to innovation and customer focus, further strengthening our position as a leader in digital banking.”

Available on the App Store, Google Play and Huawei AppGallery, customers can download the QIB Mobile App and Lite App and easily self-register using their active ATM/debit card number and PIN. The apps offer customers full control over their accounts, cards and transactions, enabling them to fulfill all their banking requirements remotely.

More information can be found at www.qib.com.qa/en-directremit.

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