Qatar Islamic Bank (QIB) has announced the expansion of its Direct Remit Service to Egypt as part of further upgrades to its money transfer service.

In a statement, QIB said it has collaborated with a leading Bank in Egypt to include the country within its Direct Remit network, allowing customers to transfer money by logging into the QIB Mobile App.

Upon logging in, the customer selects their desired destination and adds the intended recipient to transfer money to the beneficiary’s bank. It follows previous launches in India, Pakistan, Jordan, and the Philippines with plans to include more countries in the future, the bank said.

Speaking on the announcement Mr. D. Anand, QIB’s General Manager – Personal Banking Group, said: “Adding Egypt to the list of countries available in our direct remit services via QIB Mobile App demonstrates our steadfast commitment to delivering a seamless, secure, and efficient banking experience for all of our customers. We aim to solidify our regional leadership in digital banking through innovation and customer-centricity. Our customers can rest assured that we will be continuously exploring opportunities to expand the reach and value of our services.”

The QIB Mobile App, which has been made available on the App Store, Google Play, and Huawei AppGallery,allows customers to self-register using their active ATM/Debit Card number and PIN. The app offers users the ability to have full control of their accounts, cards, and transactions. Additionally, QIB customers can use the app to open a new account and apply for personal loans, the bank said.


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Image source: Qatar Islamic Bank