Qatar  | عربي

IBAN is implemented in Qatar effective 1st of January 2014

 

The IBAN is an international standard for identifying bank accounts across national borders in a way that would minimize the risk of propagating transcription errors. It is used in facilitating payments and has now been widely adopted by many countries in the Middle East as well as most European countries.

 Your New IBAN account number is now shown on all bank statements as well as on QNB Internet banking and Mobile Banking.

Changes for customers can be summarized as follows:

  • The Account number is converted to the new IBAN number (which contains the old number) To make a transfer to an account of another person or company within Qatar, you need to obtain their new IBAN number to be able to perform such transfer
  • If you need to receive funds from another person or company, you will need to communicate to the other party your new IBAN number. 

The IBAN number in Qatar is 29 digits long for all accounts in Qatar and look as follows:

QA01 QNBA 0000 0000 1234 1234 1234 1

 Where:

  • QA indicates Qatar (all account in Qatar will start with QA)
  • 01 are security digits (differs from account to account)
  • QNBA is the bank code (example for QNB) ; each bank has a unique code of 4 letters
  • The following digits are the rest of the account number
  • For QNB, your existing account number - also called Basic Bank Account number ‘IBAN’ is shown in the last 13 digits of the IBAN.
  •  

We recommend you to use IBAN for processing both inward and outward payments. However it is not mandatory until 31st of April 2014, IBAN will be mandated from 1st May 2014 onwards.

You can also use the IBAN convertor tool available on this webpage to check your new IBAN.

 

 
 

Follow Us