DOHA: Doha Bank has tied up with Pakistan’s Habib Bank Limited (HBL) to offer on-the-go remittance solutions to Pakistani expatriates residing in Qatar.
Doha Bank’s collaboration with HBL will give its Pakistani customers 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.
The new online service will enable Doha Bank customers to transfer money to Pakistan where the beneficiary can collect cash from over 1,700 branches across Pakistan.
Customers can transfer money instantly to their HBL accounts and their other Pakistani bank accounts usually within one hour, through HBL’s interbank funds transfer (IBFT) facility in Pakistan.
Under the Pakistan Remittance Initiative (PRI), Doha Bank’s Pakistani customers will enjoy free-of-charge service on remittances valued over $100 to Pakistan. For remittances below $100 or multiple same-day remittances, charges will apply as per PRI conditions.
Doha Bank Group CEO R Seetharaman said: “We are very pleased to be partners with HBL that is committed to providing a reliable and compliant process that complements our competitive strength. HBL is an excellent partner to work with on developing and expanding our cross-border remittance services.”