International Bank Account Number (IBAN) is an international standard for identifying bank accounts (excluding credit cards).
The main purpose of IBAN is to facilitate the automatic processing of money transfers, to improve the speed and accuracy of your payment transactions.
The IBAN consists of 29 letter & number, and we will inform you of your IBAN number via your paper or electronic statement, for easy reference.
You can also use our IBAN Generator tool which will be provided on our website to generate the IBAN number by simply typing in your old account number, taking into consideration in case you have more than one account, a separate IBAN will be created for each account.
Please note that effective 1st January, 2014, it is compulsory to use your IBAN for the following local & international electronic payments:
- Receiving an electronic payment from a bank within or outside Qatar
- Sending an electronic payment to a bank within Qatar
- Sending an electronic payment to a bank in a country that has adopted IBAN
Kindly communicate the IBAN & SWIFT Code (BIC) mentioned in your bank statement to parties from whom you receive and expect to receive electronic payments, both in Qatar & abroad. There is a requirement to advise those parties well in advance to quote your IBAN in electronic payments from 1st January, 2014.
For more information, please call our Customer Contact Center on 4438-7878 or visit any of our branches.
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