Free directory of all 69 correspondent bank SWIFT/BIC codes registered in QATAR. Click any bank to view its full record and track an international SWIFT payment routed through it.
Qatar's RTGS processes QAR settlements underpinned by the riyal's USD peg, ensuring currency stability for cross-border payment flows. Qatar National Bank (QNB) — the largest bank in the Middle East by assets — the Commercial Bank of Qatar, and Masraf Al Rayan serve as the primary SWIFT correspondents, managing export revenue flows from Qatar's massive LNG and petrochemical sector as well as significant construction-related payment flows tied to infrastructure investment.
| RTGS / Settlement System | QATCH (Qatar Automated Clearing House) / RTGS |
|---|---|
| Currency | QAR — Qatari Riyal |
| Central Bank | Qatar Central Bank (QCB) |
| Typical SWIFT Timing | Same day (local); 1–2 days (international) |
Most international SWIFT wires arrive in Qatar within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Qatar processes large-value interbank settlements through QATCH/RTGS. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is QAR — Qatari Riyal. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 69