Regulatory changes to payments in Qatar

Contact us

Request a callback

Every customer enquiry is important to us. By providing details about your business interests we can direct your enquiry to our most relevant team member.

Please don’t enter confidential information such as your bank account details here.
All fields are mandatory unless otherwise indicated as optional.

  1. Current: Step 1 of 2 01
  2. 02 Step 02

Reason for contacting us

Enter a topic
Enter a topic

Contact details

Please enter your name
Please enter your telephone number

When may we call you?

Preferred time of day

We will call you within the next 3 business days

Back

Request a call-back - Your business interests (optional)

Every customer enquiry is important to us. By providing details about your business interests we can direct your enquiry to our most relevant team member.

Please don’t enter confidential information such as your bank account details here.
All fields are mandatory unless otherwise indicated as optional.

  1. 01 Completed Step 01
  2. 02 Current Step 02

Business size (optional)

Your business turnover

Your industry sector (optional)

Your market interest (optional)

Which international markets interest you?

Add your business interests

Please don’t enter confidential information such as your bank account details here.
All fields are mandatory unless otherwise indicated as optional.

Business size

Your business turnover

Your industry sector

Your market interest

Which international markets interest you?

Request a callback

  • Sorry

We’ve encountered a problem

We couldn’t send your message. Please try again, return later or call us on

Request a callback

  • Thank you

We’ll be in touch

A Relationship Manager from HSBC Qatar will give you a call within three business days.

Your interests

  • Business name:
  • Turnover:
  • Sector:
  • Location:
  • International markets:

Add your business interests

We won’t sell your data or misuse it. Read how we handle your details in our cookie policy.

In the light of the Local Regulatory changes taking place effective 1 July 2019, we wish to advise you with the below changes:

  1. The maximum limit for payments going through QATCH system will increase from the current QAR 250,000 to QAR 1 million.
  2. HSBC revised Cut off times for Domestic payments in QAR (to other local banks in Qatar) using Priority Payments for same day value will be:
    1. Up to QAR 1million: 11:30 am*
    2. Above QAR 1 million: 1:15 pm*
    * Kindly note that these cut-offs apply to Straight Through Payments. Any payments which require manual handling (due to payments falling into repair) will be processed on a best effort basis.

    Please refer to the following link for the updated cut off times (PDF, 15.7KB).
  3. For QAR domestic ACH (Automated clearing House), WPS (Wages Protection System) and Salary Payments, the cut-off times will remain the same 2:00 pm (value next day to other local banks in Qatar, value same day for HSBC A/C holders in Qatar).

Additionally, please be reminded to start using a valid Purpose of Payment code from 15 June 2019 for all domestic Qatari Riyal payments processed in Qatar in all amounts. Any payment instruction not carrying a valid Purpose of Payment code will lead to the payment instruction being not accepted.

More information on Purpose of Payment code requirements.

If you have any questions, please contact your local HSBC representative or HSBC support center on +974 44254353 Option 2.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.