Send money to
Qatar Islamic Bank Account

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Estimated delivery time

Fast and secure

Why choose Qatar Islamic Bank?

Qatar Islamic Bank (QIB) was Qatar's first Islamic financial institution when it opened in 1982. It has 22 branches, more than 170 ATMs, and about 40% of the total assets of Sharia-compliant banks in the country. People at Capital Intelligence (CI) gave the company an A+ rating. Moody's gave the company an 'A' rating, Fitch gave it an 'A',and S&P gave it an 'A-.' Qatar International Bank (QIB) is also the second-largest bank in Qatar. It has assets, financing, and deposits that make up just over 11% of all bank assets in Qatar.

Don’t just take our words for it

We have thousands of happy Remitbee users to back it up

Hamad

Sending money abroad through this service is a breeze – it's fast, secure, reliable, and backed by exceptional customer service.

Fatima

It’s simply the easiest way to send money abroad. The transactions are fast, secure and reliable and they have amazing customer service.

Nasser

Transferred funds to India on Monday, and they arrived at my mother's in 5 minutes. No hassle and is way better than the banks as it is much faster less/no fees, and has better conversion rates. That is my go-to money transfers going forward.... ditch the banks

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How to Send Money to Qatar Islamic Bank

Register for a Free Remitbee Account

Provide your personal information

To finish your profile, add your full name, home address, and job title. Make sure that your contact information, such as your phone number and email address, is up to date.

Enter Recipient's Information

It's time to fill in the recipient's address and contact information. You will also be asked for the recipient's swift code and IBAN.

Check the exchange rate

In this case, if the CAD/QAR exchange rate is good for you, enter the amount you want to send, then choose a payment method and follow the on-screen instructions to complete your transaction. Currency conversion rates change all the time, but the amount for each payment method stays the same.

Track Your Transaction

You will get an email after the money has been sent. With the RemitBee app, you can keep track of the status of your money transfer.

Send to all major banks in Qatar

What information you’ll need to complete the transfer

Wire Transfer to Bank account

Recipient's name: The name as it appears on the recipient's bank statement
Recipient's address: The recipient's mobile phone number and home address
Swift number: Swift code for QIB (QISBQAQAXXX)
IBAN Number: The International Bank Account Number (IBAN)

How RemitBee calculates the CAD to QAR Exchange Rate

You can check ahead of time to see if there are any fees associated with the transfer. We currently provide some of the most competitive currency exchange rates accessible. You should anticipate paying a fee if you make a transfer using a credit card. On the other hand, using the RemitBee Wallet will not have any fees charged.

What are the benefits of sending
directly to Qatar Islamic Bank?

Convenient Process

In order to send a transfer, you don't have to be stuck in traffic or at the bank for long. Because time is money, you can transfer money at any time and from any place you want.

Safer

Transactions are safe and secure

Quick access

After the transfer is done, the receiver can quickly get an access to their funds

Complimentary

Transfers of $500 or more will not cost you anything

How international money transfers work

One of the banks will set the exchange rate between CAD and QAR. Money will be sent between SWIFT accounts as soon as the work is done.

Check our refer and earn program!

Discover the attractive referral program by RemitBee, presenting fantastic rewards! Earn a generous $20 reward for each successful referral and gift your friends a $10 reward upon their first transaction using your exclusive code. To qualify, your friend only needs to send a minimum of C$200 or exchange at least C$1,000. With abundant referral opportunities, embark on your earning journey with RemitBee today!

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Frequently Asked Questions

How can I pay for my money transfer to QIB?

EFT, bill payment (Visa or Mastercard Debit), or Interac Online (Canada's electronic banking system) are all options for paying for your transfer.

What delivery options are available for transfers to Qatar?

Bank transfer is the only option available right now. Most of the time, they are done in a few minutes or one business day. However, some can be done right away.

What is the maximum amount I can send to a QIB bank account?

As soon as your account is verified, you can send up to $9,000 a day and $50,000 a month.

Does RemitBee have a referral program?

Yes, you get $20 for every 3 friends you refer.

Send money to Qatar Islamic Bank Account