Doha Bank Launches Fawran for Businesses, Offering Instant Payment Solutions to Corporate Clients
Doha Bank is pleased to announce the launch of Fawran for corporate clients , a groundbreaking service that enables Wholesale Banking clients to make instant payments to corporate beneficiaries via the Tadbeer, Doha Bank’s corporate online platform.
With this launch, corporate clients can now enjoy a more seamless and secure payment process by using alias types such as IBAN, Company Registration Number, Licence Number, and Computer Card Number. Additionally, the service supports payments to individual beneficiaries using mobile numbers or registered alias names.
Doha Bank is proud to be one of the first banks to go live with Fawran for corporate clients , reinforcing its position as a leader in digital banking innovation. This achievement marks another significant milestone in Doha Bank’s commitment to delivering advanced solutions that empower businesses and drive the digital transformation of financial services in Qatar in line with Qatar National Vision 2030.
Commenting on the launch, Mr. Fadi Fattal, Acting Chief of Wholesale Banking at Doha Bank, said: “At Doha Bank, we are committed to leading the way in digital banking innovation. The launch of Fawran for corporate is a significant milestone in our journey to provide corporate clients with fast, secure, and efficient payment solutions. By being the first bank in Qatar to offer this service, we are empowering businesses to manage their financial transactions with greater ease and reliability, reinforcing our dedication to supporting the growth of Qatar’s economy, in line with Qatar National Vision 2030.”
Fawran for Corporate Clients, offering instant local funds transfers in compliance with Qatar Central Bank’s regulations, ensures both safety and flexibility for all business payments. This new service is a key part of Doha Bank’s broader digitalisation strategy, designed to enhance the banking experience for corporate clients by providing innovative, high-value solutions. As part of its ongoing commitment to supporting the growth of businesses in Qatar, Doha Bank continues to deliver cutting-edge financial services tailored to meet the evolving needs of the market.