Mashreq Qatar, the leading financial institution in the MENA region, was awarded as the ‘Best Digital Bank in Qatar 2015’ by Global Finance Magazine, New York. Mashreq Qatar is the proud recipient of this award for the 7th year in a row. The recognition comes as a testament of the Bank’s efforts to ensure offering an innovative, efficient and unique online platform to its customers.
The Bank has introduced some first of its kind banking solutions, some of the innovative products offered on MashreqOnline include ‘Advance Fixed Deposit’, which is a unique and tailor-made savings product where customers can receive interest for the entire tenor paid to them on day 1. ‘DreamSaver’ is another product offered on MashreqOnline. It’s a savings account that enables and encourages customers to save regularly in order to achieve a pre-defined financial goal.
Niranjan Mendonca, Head of Retail Banking, Mashreq Qatar, commented:
Over the years, we have been focused on offering not only innovative banking solutions, but efficient offerings to our customers. We value our customer’s time and in return offered a platform that can service customers from the comfort of their home or office. To that, Mashreq Qatar customers do not need visit a branch. Our commitment to ensure that our customers are offered the best banking solution anytime, anywhere; has resulted in offering innovative products and processes to enable customers to do all their banking, whether it is transferring money home, requesting cheque books, paying utility bills or changing card limits online or through their smart phones.’
Another smart solution offered on MashreqOnline includes user friendly online banking for SMEs, ‘SME Direct’. SMEs are able to define financial and authorization limits, initiate trade related requests (LC, LG) as well as view Import/ Export Bills as bulk payments to beneficiaries. They can also check account balances and download account statements instantly, book Fixed Deposits view Credit Card and Loan details and much more.
‘Overseas mobile top up’ and ‘Automatic utility bill payment’ are services offered on MashreqOnline to help customers instantly top-up international mobile phones and set up automatic bill payment for Ooredoo and Kahramaa respectively.
Mashreq Qatar products and services are available on MashreqOnline.