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QAR – Qatari Riyal

Overview

The payment processing of this currency is considered to be relatively standardised.

Note for domestic QAR payments, the payment purpose code (see Appendix XIII) is mandatory and has to be added to the reason of payment. The purpose of payment code consists of a 4 character code that must be specified in Field 70.

Currency Guidelines

A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Payments in QAR toward Qatar

Besides the standard information, the IBAN format is mandatory (see Appendix VI).

The beneficiary’s physical full address is recommended.

Payments in QAR outside Qatar

Standard information
The IBAN format is mandatory (see Appendix VI).

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES

To consult the Appendix(es) click here

Appendix VI: IBAN Application Rules
Appendix XIII: Purpose of Payment Codes (QAR)
Additional information

• Available charge options: OUR/SHA/BEN

• Central bank of Qatar: http://www.qcb.gov.qa