Fawran

Instantly send and receive money in Qatar with the new instant payment service “Fawran” via the QIB Mobile App and QIB Lite App.

Key Benefits

Instant transfers 24/7 within Qatar to individuals and businesses, ensuring that funds reach recipient’s account within seconds
No bank details required, so you can transfer money using Beneficiary Alias alone, making the process quick and hassle-free
It is a very secure way of transfer
Minimum transfer as low as QAR 1 and as much as QAR 100,000
You need to assign an Alias to each account, which acts as a tag to identify the account for Fawran
Now you can request a payment from someone through the Request to Pay feature and instantly get the money when they approve

Fawran fees to other Bank’s Account inside Qatar:

Range of amount (in QAR)	Fee (in QAR)
0 to 1,000	0.50
1,000.01 and above	2

Charges won’t be applicable on Fawran transfers within QIB.

What is an Alias?

An Alias is a unique identifier that you can assign to each of your QIB accounts specifically for Fawran
You can provide this easy-to-remember Alias to family and friends to send or receive money from and to your account instantly

Why create an Alias?

Ease of Use: instead of sharing your account details, you can provide this Alias to family and friends.
Security: It adds a layer of privacy, as you don’t have to disclose sensitive account details
Efficient Transactions: Others can use your Alias to instantly send money to your account via Fawran

How to Use Aliases for Sending Money?

When you want to transfer money using Fawran, simlply use the recipient’s Alias instead of their account number. It is a fast, secure and convenient way to manage transactions
Remember each Alias is unique to the account it represent, making your banking experience both efficient and secure
To request a Payment, all you need to do is to enter the alias of the person you are requesting the payment from and the amount that you need from him and the request will go to him through Fawran, once he accepts to pay, the money will be transferred automatically to your account.

Download QIB Mobile App:

Registration to Fawran service by creating an Alias is mandatory for using Fawran service.
Only a QAR CASA account that are Current, Saving or Misk Saving can be linked with an Alias.
Account that’s intended for linkage to Alias must be active. Dormant or Restricted account cannot be linked with a Fawran Alias.
Fawran transfer fees is QAR 0.50 on transfers between QAR 1 & QAR 1,000
Fawran transfer fees is QAR 2 on transfers between QAR 1,001 & QAR 100,000

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