| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
Commercial Bank of Qatar - Bank Account for Expats
|
Minimum Balance: QAR 4,000 | Annual Fee: QAR 0 | Internet Banking: No | Features: No Salary Transfer |
Commercial Bank specialises in services specifically for Expats to help simplify your transition. Our accounts combine premier banking services with concierge amenities to give you:
Features & Benefits:
- 10% discount on your driving lessons at Al Khebra Driving School
- Free data and entertainment packages in partnership with Ooredoo
- Shop now and pay later at IKEA, home furnishing store*
- Access to free UBER taxi services through your mobile
- Premium mobile phone package, including QR 300 off any handset & 3 months free Mozaic television subscription (Sadara customers only)
- Free executive service to find a home (Housing Partners)
-
Bank online with your new Commercial Bank account, pay your Kahramaa or mobile bills (Ooredoo or Vodafone) and each month you do so, we will give you two free online international money transfers
-
Fast approvals on loan applications
- Free limousine pick-up on arrival
-
Remit money to your new account right away
-
A dedicated Personal Relationship Manager to assist with all of your financial needs (Sadara members only)
- There's no charge or fee associated with opening an account
- The minimum balance required is QAR 4,000
- Your account can be closed at any time at no cost
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
