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Posted On: 30 July 2018 09:00 am
Updated On: 12 November 2020 10:18 am

Everything you need to know for opening a bank account in Qatar

Khadiza Begum
Khadiza Begum
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If you’ve just moved to Qatar you may have already taken in some of the sights like The Pearl or The Corniche, visited the wonderful shopping malls, strolled through Souq Waqif or eaten out in great restaurants. But in order to keep enjoying these experiences, if you are working for a foreign company on a visa, being employed by a local Qatari business, or beginning your own startup, you will soon discover that opening a Qatari bank account as soon as possible will become a top priority. This has become especially important since Qatar’s Wage Protection System was introduced three years ago, which stipulates that all workers employed in Qatar must have their salaries and wages paid into a Qatari bank account in Qatari Riyals.

What documents will I need?

Documents for opening a bank account in Qatar

In order to open a bank account, you will need to submit certain documents including the following:

  • An official employment letter from your employer in Qatar signed by both of you and stating your monthly wage.
  • If you only want to open a savings account you do not need to submit a salary certificate.
  • A scanned copy of your passport information page – (the page in your passport that contains your photo and personal information.)
  • A copy of your residence permit.

What is the amount of the initial deposit required to open an account?

What is the amount of the initial deposit required to open a Bank account in Qatar?

This depends on the type of bank account you are opening. If you want to open a salary account you don’t need to deposit an initial amount. On the other hand, if you want to open a savings account, you will have to deposit a certain amount of money and this amount varies from bank to bank. For example, to open a saving account at Qatar Islamic Bank, you will have to make an initial of deposit QR 5000, whereas at Qatar Commercial Bank the required deposit is QR 10,000.

Can I open a bank account before I arrive in Qatar?

Can I open a bank account before I arrive in Qatar

It is perfectly acceptable and, indeed, sensible to open a bank account before your arrival in the country. Larger banks like QNB and the Commercial Bank Of Qatar allow new customers to open online accounts, but to support an online application you may be asked to provide further documentation, including a copy of your passport photo page and a confirmation of your employment in Qatar. This confirmation must feature a company letterhead, the date that you started your job, your role in the company or job title, and your salary. Once you arrive in Qatar, you will then have 90 days to present your Qatar ID to the bank.

Applying for additional banking products

Most Qatari banks provide additional banking products when you open a bank account such as a debit card and a chequebook. To obtain a credit card you have to apply which also requires additional information and documentation.

How can I sign up and begin online banking?

How can I sign up and begin online banking in Qatar

Most banks offer a simplified registration procedure for their Internet Banking Service. You don't need to visit the branch to register if you have a debit card. There are four simple steps To register:

1.Enter your Debit Card Number PIN
2.Create A User Name and Password
3.Accept Terms and Conditions
4.Login to Internet Banking

ATM Booths

ATMs are spread across the country and are located at hospitals, shopping malls, petrol stations etc. All major credit cards are widely accepted. Withdrawing money from an ATM is free!

Opening Hours

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Banks in Qatar are generally open from 7:00 to 1:00 (Sunday to Thursday), however, some banks are open on Friday and Saturday. In order to offer convenience to customers, the banks in shopping malls offer greater flexibility with timings, and are often open from 8.00 am until 10.00 pm.

Banks in Qatar

Here is a list of some of the most well-known banks in Qatar.

Qatar National Bank:
Commercial Bank of Qatar:
Doha Bank:
Qatar Islamic Bank:
HSBC - Qatar:

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(Photo credits: iStock by Getty Images)