What is the best bank in Doha?
I'm looking for a bank that has (possibly free) online check and savings, offers around 5% interest on savings accounts and has a positive track record with transferring funds quickly to out-of-country banks.
Any suggestions? If you have experience with all three, feel free to post up!
Thanks!
That HNB Bank sounds intersting too...
Thanks for the advice.
The reason I mentioned the 5% was because there were signs posted all around town (last I saw one was about a month ago) advertising 5% interest on savings accounts. I believe it was QNB, but I'm not sure.
Yes, I've heard similar bad things about HSBC.
Looks like I'll be looking into QNB and Commercial Bank then. One of my most important requirements is seamless online access and transfers.
qatarisun - I am not joking. almost all the banks in SL offer the same deal :) check for yourself.
http://www.hnb.net/
Ban Spoon Feeding not Me
Baldrick2dogs is right, HSBC really really sucks.
Good Luck
HSBC offers 5% for online savers in the UK..Not sure here.. Balders your brave to save a non british Bank..Not me mate specially with current turmoil..
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HE WHO DARES WINS
whatever ppl say..HSBC is safe in todays turmoil!!
And for the record, my above post is NOT defamatory. It's justified and fair comment. HSBC, gimme back my money!!
/I called both the dispensing ATM and HSBC as well. Both logged in my complaint. I was told - have to go to the branch - all the way into the city area, get the form and fill it out. Note: I work during office hours and the blinking bank is at least 1 hour away (without jams).
//2nd time I inquired, I was told that they'll have a record and they will automatically credit back. That was a week or so ago. Still waiting.
//Think must go personally to sit in bank, waste some more time queueing, fill up that blinking form and hold my breath for another 2 weeks.
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Don't want no drama,
No, no drama, no, no, no, no drama
Nooo pleeease ... not HSBC! Customer service is horrendous. If everything's hunky dory, you'll be fine but the minute there's trouble, don't hold your breath. My beard would have grown several miles long before they even get moving.
Quick transfer of funds, did you say? Is 3 days quicker than other banks? As for the extensive network thingy - I can't link with my HSBC back home. Still have to go through the convoluted US - MY route. Still 3 days delay.
/Don't have time yet but when I get back to Doha, I'm gonna look into changing banks.
//By the way, HSBC still owes me the cash that didn't get dispensed from the ATM machine a few weeks ago despite being deducted from my account!!! @#!!
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Don't want no drama,
No, no drama, no, no, no, no drama
charan, can I open an account in this bank and save my money??
why on the earth ALL people who has extra few cents wouldn't save them in this "golden" bank? eh?
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“You become responsible forever for what you have tamed”. Antoine de Saint-Exupéry
HSBC Suck - look at the various threads here.
I use Commercial Bank (www.cbq.com). They are very professional and a few minutes ago phoned me to check on 5 recent credit card transactions to be sure they weren't fraud!
Transfers are a breeze :o)
Did you Google it first?
qatarisun - In Sri Lanka They pay 22% per annum for a fixed deposit for 5 years paid at the matuarity ;)
Tha is for a Rs. 100,000 (QR 3350)deposit you get Re. 210,000 (QR 7100) (your deposit included) after 5 years ;)
Minimum deposit requirements: Rs 25,000/-
5 Year FD Minimum Deposit requirement: Rs 100,000/-
Period Monthly Quarterly Semi-
annually Annually Maturity Annual
Effective
1 Months 16.00% 17.23%
3 Months 17.00% 18.11%
6 months 17.50% 18.27%
12 Months 16.60% 18.00% 18.00%
24 Months 15.80% 18.50% 17.05%
36 Months 15.10% 15.60% 16.20% 19.00% 16.23%
60 Months 14.90% 15.10% 15.40% 16.00% 22.00% 16.00%
Last interest rate change effected on Monday, August 25, 2008
All Rates are Per Annum
Ban Spoon Feeding not Me
International banks....such as HSBC or Standard Chartered for quick transfer of funds basically due to large extensive network
no i vouch your comments..
just general reference that QNB is better than other banks in Doha product-wise and service-wise and one more thing, one sweet darling works there too....:)
PS: You looked fantastic the other day!
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Have Courage To Live.
Anyone Can Die.
Khanan, have QNB EVER offered 5% on savings???
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“You become responsible forever for what you have tamed”. Antoine de Saint-Exupéry
as far as i know, no one bank offers 5% on saving accounts.. not only in Qatar, but in the entire world, unless it's some fraud/trap.. especially NOW! Crisis is around, haven’t noticed?
even on term deposit account they offer up to 4.5% in offshore banks...
when you find any higher interest, pls let me know.
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“You become responsible forever for what you have tamed”. Antoine de Saint-Exupéry
many banks are revising their interest rates..
anyways QNB is usually rated the best bank in Doha.
another advise: search QL for the same question and you will alot of feedback.
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Have Courage To Live.
Anyone Can Die.