Transfer Money to Qatar

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About Money Transfers to Qatar

From the very beginning we have helped thousands of people save money when transferring money to Qatar; we understand the concerns and demands of the financial climate and aim to support you every step of the way with our reliable and award winning service.

With our service, we supply you with quotes that are tailored to your individual needs and developed to guarantee you the best deals when sending Qatari Rials to Qatar. Whether you are purchasing a property in Doha or undertaking a business placement in Ar Rayyan, we will supply you with an unequaled first class service to put your mind at rest.

Last updated: May 08, 2014 Our methodology

Quick Facts: Qatar

Key information for sending money to Qatar

Transfer Speed
2 working days
Local Currency
QAR
Income Tax Rate
0%
Avg. Property Price/m²
16,463.40 QAR
Avg. Monthly Rent (3 bed)
14,117.64 QAR
IBAN Required
Yes

Money Saving Tips for Qatar

Expert advice for your international transfer

Expats often find work in the petrochemical industries, as well as the gas and petroleum sector.

Qatar has a well-resourced state health care system, âHamad Medical Corporationâ, which offers free treatment to everyone who registers.

As a foreigner, buying off-plan such as a unit in an apartment block is common in Qatar.

Expats buying leasehold properties will need to visit the Office for Registration of Real Estate for Non-Qatar Nationals.

What You Need to Send Money to Qatar

Checklist of recipient bank details required

IBAN e.g. QA58DOHB00001234567890ABCDEFG
International Bank Account Number
SWIFT/BIC Code e.g. BANKQAXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Qatar

Qatar National bank Commercial Bank of Quatar Qatar Islamic Bank Al Rayan Doha Bank Al Khalij Commercial Bank

"When sending money to Qatar, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Qatar

What is the cheapest way to send money to Qatar?

The cheapest way to send money to Qatar depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Qatar?

Most transfers to Qatar are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Qatar?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Qatar?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Qatar

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.