Bank Transfer with existing loan

Name: Qatar Living Classifieds
Rating: 4.1 (228 reviews)
Author: Qatar Living

Is the QCB rule still applies that if you want to transfer to another bank you shouldn't have any existing loans (may it be personal, car, business loan, etc...)or they wouldn't accept your application.
If it is, can you see this being lifted in the near future?

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By omershah• 12 May 2011 15:24

Rating: 4/5

from today i think u can only shift to islamic banks if u have any existing liability with any bank,,, u can not shift to any other conventional bank

By baldrick2dogs• 12 May 2011 15:08

Why not just ask the new bank if they would be willing to take over the existing loan?

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Bank Transfer with existing loan

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