BANKING - Doha Bank remittance service for Turkish expats with Albaraka Turk

Doha Bank and Al Baraka Turk Participation Bank executives at the agreement signing

Doha Bank has entered into an agreement with Al Baraka Turk Participation Bank for remittance of funds from Qatar to Turkey.
Under this service, Turkish nationals working and living in Qatar will be able to transfer money online from Doha Bank Account to Al Baraka Turk account in Turkey. Turkish nationals in Qatar will also be able to remit funds to any beneficiary account maintained with Al Baraka Turk Participation Bank in Turkey.

The amount will be remitted in dollars. This facility is also available from any Doha Bank branch in Qatar. (source)


Nezih Akalan, Doha Bank Turkey chief representative said, “The tie-up with Al Baraka provides an opportunity to extend our services to Turkish community in Qatar by meeting all their banking requirements.”
Speaking on the tie-up, Fahrettin Yahsi, Al Baraka Turk Participation Bank general manager said, “This association with Doha Bank is part of our international business proposition.” Al Baraka Turk Participation Bank has a network of some 110 branches and 117 ATMs in Turkey.

Source : http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=410188&version=1&template_id=36&parent_id=16 - Jan 16, 2011