Money Transfers
If you want to send money to your family and friends' bank accounts within or outside of Qatar, we help you send it quickly and securely from the comfort of your home or office. We process your fund transfer request on same day if it is submitted within the appropriate currency cut-off time. Funds transferred are credited to beneficiary account, through our correspondent banks around the world.
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Transfer Money
You can transfer money easily to third parties using either the traditional mode of funds transfer i.e. Cheques / Demand Drafts or electronically by availing telegraphic/ wire transfer facility. To avail telegraphic/ wire transfer facility visit any Mashreq branch in the Qatar or sign on to Online/ Mobile banking. To ensure the safety and security of your fund when making third party transfers online you will need to use a Third Party Transfer Challenge Code. You can Apply for Third Party Challenge Code on MashreqOnline and receive it by courier within 3 working days.
MashreqOnline allow money transfers only to a registered beneficiary.
How to register a beneficiary for MashreqOnline ?
- Create beneficiary in MashreqOnline by selecting the option "Manage Beneficiaries"
- Upon confirming the beneficiary details you will receive an OTP(One time password) to your mobile number registered with us
- Enter the OTP to the field available and confirm to activate the beneficiary
How to do a Fund Transfer?
- Select the required fund transfer option (Domestic –for fund transfer within Qatar & International - for outside Qatar)
- Select the registered beneficiary under Beneficiary option
- Beneficiary details will auto populate in the respective fields
- Select the account to debit
- Enter the Amount and Currency for transfer (For Fund Transfer outside Qatar should not have QAR as the transfer currency) and click Submit button