For OFWs, having a trusted bank for savings and remittances is important. After all, who doesn’t want a reliable service for sending money to our loved ones?
Doha Bank is one such institution in Qatar that offers special services for OFWs. Just head to the nearest branch near you and ask about “OFW Services.”
Serving the Banking Needs of OFWs
In order to maximize your income, knowing how to manage your finances is very important. If you don’t have enough experience managing your account, you could ask for help from experts. And at the same time, you could do your own research so you know where your money goes.
Finding the right banking partner can provide you with peace of mind and convenience. Doha Bank offers a wide range of banking services for its clients. It also offers “OFW Services,” which meet the needs of our kababayans while they are still based abroad.
What is OFW Services?
With this special package, our kababayans will be able to manage their accounts at any time. What’s more, they can enjoy banking arrangements with Asia United Bank, the Philippine National Bank, and the Bank of the Philippine Islands.
Listed below are the benefits of opening such an account:
- Account opening in your home country while in Qatar
- Secure online fund transfer from the Doha Bank account to the beneficiary’s bank account
- Fund transfer to a third-party Philippine bank
- Internet banking facility 24/7
- Reasonable exchange rates
The bank has a dedicated desk for international resident clients. When you go to the bank, the staff can answer all your concerns.
Other Services from Doha Bank
Another benefit of opening an account with Doha Bank is the convenience of paying bills. You can settle your credit card, telecom, school fees, water, and electricity bills through online banking, mobile phone banking, or phone banking. You can also choose to pay using your ATM card.
Doha Bank Branches
Doha Bank has branches all over the city, including in the malls and Industrial City. Mall branches are open from 9 AM until 3:30 PM. Meanwhile, stand-alone branches are open from 7 AM to 1 PM. Banks are closed every Friday and Saturday.
How to Open a Bank Account in Qatar
When you have a bank account in Qatar, it will be easier to apply for a credit card or even a car loan. But how does one go about opening a bank account?
Before you can open an account, you will need to prepare some documentary requirements:
- Original passport and photocopy
- Copy of visa to prove residency
- Official letter from employer or sponsor, should show both the signatures of the sponsor and account holder
- 2 pieces of passport-sized photographs
- Qatar ID
- Duly filled bank application form
There are some instances where a bank may deny the application. Some of the possible reasons could be a criminal record, suspicious past activity, or a refusal to sign some forms. Bank discretion may also vary, so you will need to check with your branch for other requirements.
How to Close a Bank Account
If you have plans to close your bank account, you should have a timeline of 30 to 45 days before doing so. You don’t want to be stopped at the airport if you have unpaid debts.
You have to visit your branch to fully close your account. Make sure to ask for a “no-liability” certification so you will have proof that you have no outstanding debts or liabilities. It is also important to remember that you will incur a fine if you close your bank account within a year.