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Thursday, May 17, 2012


Correspondent Banking Unit


The Correspondent Banking Unit renders specialized services in association with Financial Institutions world wide and monitors the various exposures besides offering the entire range of international trade finance solutions.

The Correspondent Banking Unit continuously develops and maintains relationship with Banks and Financial Institutions across the Globe. These networks of Correspondent Banks form the foundation for all international operations of Doha Bank.

The overseas branches of Doha Bank also offer Correspondent Banking services to the Qatari and GCC Banks as well as banks from other countries.

Our branches are capable of providing the services that an international correspondent bank can offer. All the branches of the Bank are well equipped to handle the business of Correspondent Banking.

The overseas presence of the Bank is further supported by a large number of correspondent Banks (more than 300 leading banks) which gives Doha Bank access to every corner of the Globe.

This unit attends exclusively to create, nurture, cultivate and continue relationship with banks worldwide.


The main services provided include:

  • Opening of foreign currency accounts (Nostro in USD at New York, AED at Dubai (U.A.E) and KWD at Kuwait for settlement of transactions.
  • Creating, nurturing, cultivating and maintaining DB’s network of over 300 correspondent relationships.
  • Complaint Resolution as needed by correspondent banks.
  • Establishing Standard Settlement Instructions.

Doha Bank offers an excellent service with competitive charges to other Banks for providing the Correspondent Banking Services.

The unit handles establishment of correspondents, opening of Nostro and Vostro accounts and arranging for AML requirements and co-ordinates with the Trade Finance department for the compliance of all operational aspects of correspondent banking, including all matters pertaining to the exchange of SWIFT Keys / RMA and SWIFT Authenticator Keys (SAK).


Contact Person:


Mr. R. Ganesan
Executive Manger (International Banking)
Tel : (974) 4015 4844
Fax : (974) 4015 4822 / 4823
E-Mail : gramakrishnan@dohabank.com.qa


Note: Correspondent Banks and Financial Institutions ONLY


Note: Doha Bank's retail, commercial and corporate lending products are granted at our sole discretion and are subject to the Bank's terms, conditions and acceptance.




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