Best bank for UK resident
By smith_hessle •
Hi,
I'm soon to be moving To Qatar and just wondering if anyone can recommend the best bank to use while I'm over there?
I'll be using the bank to secure a loan for a vehicle and to use to transfer money back to the UK and and so I'm interested in which bank has the best facilities for this?
I realise there has been lots of previous discussions regarding banks but there doesn't seem to be anything up to date and so certain banks may have changed since old posts
Many thanks
I used to deal with so many banks. My ordering goes...
HSBC Bank
Commercial Bank
IBQ
Qatar National Bank
Doha Bank
I do deal with other banks. But I dont like them..
Jothish... fab... 10/10...:)
I am using HSBC bank. From 3 type of account services they have you can choose one depending on your needs. I am using Premier and very happy with them. You can link your account back to you UK HSBC account if you have or you can open it from Qatar to manage transfers between the countries(Free transfers). I have been very happy with the services so far with them. There is a little catch the minimum balance should be US$100000.00 or you get charged. If you transfer the mortgage to them, that takes care of it. Have a look at their web site for more(http://www.hsbc.com.qa/1/2/personal). But as Jothish suggested, once you are here visit banks and see who offers the best service based on your needs.
now you undestood the answer from people vary as per their views and experience. this is good,you come here, go to two or more bank spek to them. Open an account with your priorities
Commercial Bank is the best
QNB is the best...excellent for money transfer and loan facilities
check the rate at their website
doha bank have below one percent per year for car loan (all bank can proceed to car loan as long as you already been in Qatar for at least 6 month) otherwise rent a car, remittance is the best rate so far, among other local bank.