Doha: Qatar Islamic Bank (QIB), the leading digital bank in Qatar, has announced the introduction of innovative features to its award-winning Mobile App, aiming to provide customers with enhanced convenience, control, and security in managing their finances.
The updated QIB Mobile App now supports international wallet transfers, including Unified Payments Interface (UPI) transfers to India and Mobile Wallet Payments to Egypt, streamlining cross-border transactions for its diverse customer base.
Seamless UPI Transfers to India
The newly added UPI transfer feature enables real-time, account-to-account money transfers to India using a recipient’s UPI ID. This service allows QIB customers to send funds instantly and effortlessly, offering significant convenience to Indian nationals residing in Qatar who wish to remit money back home swiftly.
Instant Mobile Wallet Transfers to Egypt
QIB has also introduced Mobile Wallet transfers to Egypt, facilitating immediate fund transfers to any mobile wallet in the country using registered local mobile numbers. This feature provides a secure and efficient method for customers with connections to Egypt to send money, thereby enhancing financial inclusion and accessibility.
Simplified Dividend Payments with EDAA NIN & IBAN Linking
In addition to international transfer services, the app now offers an EDAA NIN & IBAN Linking feature designed to simplify the process of receiving dividend payments through the EDAA platform. Investors in the Qatar Stock Exchange can conveniently link their National Investor Number (NIN) with their QIB International Bank Account Number (IBAN) directly via the Mobile App. This integration ensures that dividends are promptly and automatically credited to their accounts, reducing the occurrence of unclaimed dividends.
Commitment to Enhanced Customer Experience
Commenting on the new features, D. Anand, QIB’s General Manager – Personal Banking Group, said: “At QIB, we are committed to continuously improving our customers’ banking experience. These new additions to the QIB Mobile App are designed to provide our customers with more control over their financial needs, making their online banking experience easier, more personalized, and beneficial. By transforming our app into a digital one-stop-shop, we cater to our customers’ banking needs anytime, with 24/7 accessibility.”
A Comprehensive Digital Banking Platform
With over 280 features and an enhanced user experience, the QIB Mobile App has become the preferred banking channel for many customers. The app offers a comprehensive platform that allows users to have full control over their accounts, cards, and transactions, enabling them to fulfill all their banking requirements remotely and efficiently.
