where i can open bank account with minimum balance requirement?

rahat693
By rahat693

i want open bank account in doha for saving.so, which bank create open on minimum balance, how much min amount QR,and what document required for that.

By anonymous• 22 Mar 2010 02:02
Rating: 3/5
anonymous

Going by the answers provided above, i think Doha bank would be prefferable in as much your target is the bank with mininum amonth you can open with. Meanwhile i am also intrested in you question because i share similar aim with you. Good Luck as you look further for clarifications!

By anonymous• 21 Mar 2010 18:23
Rating: 3/5
anonymous

DOHA BANK is good,Minimun balance QR1000,

Required Passport for more Details.

http://www.dohabank.com.qa/dbank/default.aspx

By onlondon• 21 Mar 2010 18:21
Rating: 5/5
onlondon

HSBC Qatar. However, kindly be advised that if you are not

a Qatar resident, you may only apply for a Non-Resident Savings Account

/ Term Deposit Account in Local or Foreign currency (subject to internal

policy of the Bank in Qatar, regulatory compliance and discretion of the

Bank). These accounts will provide you with the following facilities:

 Free International ATM card (For the Savings Account only)

 Phone Banking service

 24 Hour Internet Banking service

 Sending and Receiving International Transfers (For the Savings Account

only)

Should you wish to open a Savings Account, a minimum monthly balance of

QAR 5,000 (USD, GBP, EURO 4,000/-) should be maintained, otherwise a

service charge of QAR 25 (or equiv in USD, EURO, GBP) per month will be

levied.

However, a Term Deposit Account requires an opening balance of Qar

20,000 (USD,GBP 10,000/- , EURO 25,000/-) and attracts competitive

interest rates. The maturity tenure varies between 1,2,3,6 months or 1

year.

The following documents need to be submitted when opening either one of

the Accounts:

1) Original Passport for sighting, along with photocopy for verification

2) A letter of introduction from your banker overseas (with the last 3

months attested statements) or from a reputed corporate customer who

holds an account with us

To open this account, you have to visit one of our branches when you

arrive to Qatar; during the following service hours:

Qatar Branches operate 5-days a week from Saturdays to Thursdays

starting from 07:30 am to 13:00 pm

For further enquiries related to this issue, I suggest you kindly

contact HSBC 24-hour Contact Centre on 442-4722 (within Qatar) or +971 4

2288007 (outside Qatar).

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