QIB launches new app for business customers

If you’re a QIB (Qatar Islamic Bank) customer with a small or medium-sized business, here’s some good news for you. The bank has launched a new mobile application, the QIB Corporate App, which is specifically designed to address the financial requirements of its corporate and small and medium enterprises customers.

In recent months, QIB witnessed a surge in the usage of its Corporate Internet Banking platform, with more than 90% of local and international corporate transfers performed through internet banking. This app has been developed with the goal of making the entire banking experience even simpler and more efficient for the bank’s corporate customers.

Available on iOS and Android devices, the QIB Corporate App is one of the first applications of its kind introduced to the Qatari market. The first release of the QIB Corporate App enables customers to review and approve transactions from inside and outside Qatar, around-the-clock, as well as viewing account balances and account summaries. More features and benefits are soon to follow, further easing and improving the banking experience for corporate customers.

The app is available for customers registered on QIB’s Corporate Internet Banking. To avail the services of the App, corporate customers can simply download the application, and use the same credentials of their Corporate Internet Banking to login.

To continue making the banking experience as convenient as possible, QIB has also upgraded its Corporate Internet Banking platform with features such as offering flexible timeframes to approve transfers with 30 days from the transfer date, and access to online reports for Dividend Payments, Post Dated Cheques, and Positive Pay Cheques. Corporate customers can further utilize Liquidity Management tools and set up automatic instructions for SWEEP and Auto Cover services. They can also create Murabaha Term Deposit and Certificate of Deposit, as well as request for a Letter of Credit and Letter of Issuance.

The app can be downloaded on iOS and Android.

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