back Back

QIB expands it Direct Remit Service to Jordan

By Leandra Monteiro

October 27, 2021

  • Cross Border Payments
  • Direct Remit Service
  • Jordan
Share

Qatar Islamic Bank, QIB,Qatar Islamic Bank (QIB), has announced the expansion of its Direct Remit Service to Jordan as part of its continuous efforts to further enhance its remittance transfer service, offering customers a more convenient and secure money transfer experience using the QIB Mobile App.

The service is designed to facilitate Qatar Islamic Bank customers’ remittance experience, the Direct Remit now includes four countries with a plan to expand into more countries worldwide. The Direct Remit service allows customers to transfer money to bank accounts via the QIB Mob App within seconds offering a smooth money transfer experience.

QIB has introduced instant account to account transfer services by directly linking transfer payment services with Housing Bank for Trade and Finance in Jordan. Customers can enjoy real time money transfer to Jordan using Direct Remit service under the QIB Mobile App. By logging into the App, customers can select their desired destination and add the beneficiary they wish to send money to. The submitted transaction can be tracked at any time, from anywhere in the world within 60 seconds and receive instant updates on the status of their transactions via SMS.

QIB has previously partnered with the most prominent banks such as HDFC Bank, BDO Unibank, Habib Bank LTD to link the Direct Remit service with major corridors, namely India, Pakistan, and Philippines. For Jordan, Qatar Islamic Bank is collaborating with Housing Bank for Trade Finance (HBTF). QIB has adopted the advanced mechanism of direct host to host integration with major banks, reducing the transfer time to seconds and offering a 27 / 7 service for their customers.

D. Anand, QIB’s General Manager – Personal Banking Group said, “We continue to enhance the banking experience, offering our customers the best digital banking services through the QIB Mob App and are proud to be adding Jordan to our Direct Remit Service. QIB is at the forefront of digital innovation, offering its customers an unparalleled banking experience.”

Available on App Store, Google Play, and Huawei AppGallery, customers can download the App and easily self-register using their active ATM/Debit Card number and PIN. The QIB Mobile App offers customers the ability to have full control of their accounts, cards, and transactions and to fulfill all their banking requirements remotely. In addition, Qatar Islamic Bank customers can open a new account, apply for personal financing, a Credit Card, or open additional accounts via the QIB Mobile App.

Previous Article

October 27, 2021

QRails partners with Discover to provide access to earned wages

Read More
Next Article

October 28, 2021

First Bank selects Backbase to upgrade its digital banking experience

Read More






IBSi Daily News Analysis

Payment, innovation

May 27, 2024

Cross Border Payments

New tech boosts European payments with 40% conversion rate increase

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Stripe launches new payments and financing tools in the UK

Read More

Today

FinTech Opus launches Paysemble to streamline operations for FIs

Read More

Today

HSBC & Geidea to launch Omni Collect e-commerce payment solution in the UAE

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023