General Information About Banks in Qatar

General Information About Banks in Qatar

The industry is supervised by the Qatar Central Bank, which oversees commercial banks such as Ahli Bank, the Commercial Bank of Qatar, Doha Bank, Qatar International Islamic Bank, Qatar Islamic Bank, International Bank of Qatar and the Qatar National Bank (QNB). Expats are advised to approach one of these institutions when looking to open a Qatari bank account.

Most local banks have services in both English and Arabic, and offer the familiar account types found in most global destinations.

Alternatively, expats can open an international account for use in Qatar, with banks such as HSBC and Standard Chartered Bank having established a presence in the country. This kind of account may be of benefit to those who’d like to consider offshore account options, or who already have an account with one of the service providers in their home country. Some expats also report that they prefer the convenience and security of having their finances centralised in this way.

Banks in Qatar are generally open from Sunday to Thursday between 7.30am and 1pm, but many are also open in the afternoon and on Saturday mornings. Downtown Qatar National Bank branches are usually open on Fridays and Saturdays.