Doha Bank Launches 2-Minute Digital Account Opening via Mobile App

Doha Bank has launched a new digital account opening feature through its Mobile Banking app, allowing customers to open bank accounts in approximately two minutes. The move supports the Qatar-based financial institution’s broader digital transformation strategy and follows the growing adoption of biometric authentication and digital onboarding across Middle Eastern banking.

The enhanced Mobile Banking app delivers comprehensive banking services, including account management, transfers, and card services. Following modern mobile authentication standards, the app implements multi-factor security protocols while maintaining user convenience. A notable addition is the Flexi Save Account, which provides escalating interest rates based on increasing account balances, along with flexible deposits and withdrawals without penalties.

“The launch of Doha Bank’s digital account opening feature marks a significant milestone in our journey towards digital transformation,” said Eze Szafir, CEO of Doha Bank. “Our customers tell us that Doha Bank is the best travel bank, providing a simple, secure digital experience at competitive exchange rates.”

Taha A. AlKuwaiz, Chairman of Doha Bank, noted that the digital banking services complement Saudi Arabia’s Financial Sector Development Program and Vision 2030 objectives, aimed at strengthening the region’s financial sector leadership. The initiative reflects a broader movement across the Gulf Cooperation Council (GCC) region to modernize financial services through digital transformation.

The Mobile Banking app features an optimized user interface with improved accessibility features and enhanced performance. Technical updates include bug fixes and streamlined navigation for a more efficient banking experience. The app uses modern mobile authentication technologies similar to TrulySecure standards, combining multiple authentication factors to ensure secure access while maintaining user convenience.

For the Flexi Save Account, customers must make an initial deposit of QAR 50,000. Required documentation includes a completed account opening form, salary certificate, valid passport copy, and Qatar ID copy. Existing Doha Bank customers can open accounts directly through the Mobile Banking Application, benefiting from streamlined digital verification processes that use existing customer data.

Sources: Kanebridge News ME, App Store, Doha Bank Qatar

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