Do you need to send money to Qatar? You can find all the information that you need regarding the payment process here. We’ll ensure that your funds are transferred in a secure, hassle-free manner: setting up a Moneycorp account is quick and straightforward, as you’ll see, and you’ll soon be able to send your money overseas by following the process outlined on this page. We’ll convert your pounds to Qatari riyal at a competitive rate, and you’ll also benefit from our low transfer fees. Let’s take a closer look at how to transfer money to Qatar.
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You can sign up online or over the phone for either a personal or business account with Moneycorp.
Save time and money when you send money to Qatar
2 minute readIt only takes a few minutes to sign up for a Moneycorp account. Once you have done this, it’s a simple matter of adding funds to your account via debit card or bank transfer. You’ll then be able to exchange your money to Qatari riyal and make international payments without any hassle.
You can exchange 33 currencies online (and 120+ over the phone) when you open an account with Moneycorp. You also have the option of setting up a Regular Payment Plan, which allows you to automate your international direct debits to Qatar on a weekly or monthly basis.
Can I send money to Qatar online?
Sending money to Qatar is easy with our online platform. Start by navigating to the ‘Send a Payment’ page. You can then either add a new recipient or select an existing one. Once you’ve specified the amount of money that you’d like to exchange, we’ll process your online payment, and your money will be safely on its way.
Your online account grants you 24/7 access to your funds, and you can set up exchange rate alerts for the GBP to QAR rate. We’ll notify you via email and/or SMS if the rate has moved to your desired level. Our experienced team of currency specialists will also be on hand to offer any assistance that you might need, and they’ll be happy to help you make international payments over the phone.
Send money to Qatar with Moneycorp
Our international payment solutions will meet all of your needs, whether you need to make regular payments to Qatar, wish to spend your retirement years in the country or are looking to invest in Qatari real estate. You can make international transfers online or over the phone when you partner with Moneycorp, and our dedicated team of foreign exchange experts will be on hand to ensure that you save money with our competitive rates. We also offer substantially lower transfer fees for regular transfers than you would receive from high street banks. Using Moneycorp’s services to send money to Qatar offers fantastic value for money, as our customers will attest.
Common questions about transferring money to Qatar
How long will a payment to Qatar take?
Payments that you make to Qatar via Moneycorp arrive within 1-2 working days, and you can view your full transaction history and track your payments online. Large money transfers do not take longer to arrive than smaller transfers, and so your money will arrive on time, regardless of how much money you wish to send.
How much does it cost to send money to Qatar?
We offer fee-free online international transfers to Qatar, which means that you’ll benefit from our competitive exchange rates without having to worry about any additional costs. You will only incur fees when making online money transfers if you decide to automate your recurring payments with a Regular Payment Plan. Over-the-phone transfers to Qatar cost a flat rate of £15.
What information do I need to transfer money to a Qatari bank account?
You’ll need to provide us with the following information in order to send money to Qatar, in addition to documentation that supports your stated reasons for making a payment.
- The account holder’s full name and address
- The recipient’s account number
- The recipient’s BIC/SWIFT code or IBAN
- If you are making a personal payment: Photographic ID of the recipient and a copy of the recipient’s bank statement that is less than three months old, with proof of address
- If you are transferring funds into your own Qatari account: A bank statement from the recipient account that is less than three months old
- If you are making a business payment: An invoice with the supplier’s name and address
These final three items can be sent in PDF form or as clear scans to privateclientservices@moneycorp.com if you wish to make a personal payment, or to clientservices@moneycorp.com if you wish to make a business payment. If you have any questions regarding a personal payment that you’d like to make to Qatar, call our team on 0207 589 3000. Please call 0207 823 7878 regarding business payments.
Read our in-depth guide for more information regarding BIC/SWIFT codes and IBANs.
What does a Qatari IBAN look like?
All bank accounts in Qatar are assigned an International Bank Account Number, or IBAN. This is an alphanumeric code that allows financial institutions to process international payments. IBANs in Qatar are 29 digits long and consist of a two-letter ISO Country Code (QA), two check digits and a Basic Bank Account Number (BBAN). The BBAN is 25 characters in length, and it is made up of four characters from the SWIFT/BIC code and the bank account number, which is 21 characters.
Example of a Qatari IBAN in print format:
QA58 ABCD 1234 5678 9012 3456 7890 1
How much money can I send to Qatar?
There is an upper limit of £100,000 on personal transfers that can be made through our online platform to Qatar. Transfers made over the phone, on the other hand, have no upper limit, and so you will need to contact your Moneycorp account manager by telephone to make larger payments from the UK to Qatar.
Can I send money to all banks in Qatar with Moneycorp?
We can help you make payments to most of the major banks in Qatar, including but not limited to:
- Qatar National Bank (QNB)
- Al Rayan Bank
- Doha Bank
- Qatar Islamic Bank (QIB)
- Commercial Bank of Qatar
- Al Khaliji Commercial Bank
- Qatar International Islamic Bank
It does not necessarily mean that we’ll be unable to facilitate your payment if the bank in question is not included on the above list. Speak to one of our specialists today to find out if we can assist you.
Is it safe to send money online to Qatar?
It’s perfectly safe to make international money transfers to Qatar when you use Moneycorp’s online services. As an Authorised Payment Institution, we are regulated by the FCA for the provision of payment services. We’ll flag suspicious transactions in your account, and your payment details will be safe and secure when you partner with us.
What is the current GBP to QAR exchange rate?
At the beginning of 2023, the British Pound to Qatari Riyal exchange rate was 4.42. As with all exchange rates, however, this rate is subject to constant change. Use our Currency Zone to stay up to date with the British Pound to Qatari Riyal exchange rate.