Doing Business In Qatar

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P.O. Box 57,
Doha,
Qatar

Corporate Customer Services

Phone:  (+974) 4438 3456
Fax:       (+974) 4425 4391

Email: ccshelpdesk@hsbc.com

www.hsbc.com.qa/corporate

Telephone: +974 4438 2100

SWIFT Code: BBMEQAQX

Website: www.hsbc.com.qa

HSBC Qatar

Proud sponsors of IMA 2011

2011 marks HSBC's 57th year in Qatar. Thanks to our global network and rich heritage, we're still playing a leading role in the development of the local economy. The diverse workforce of international banking professionals combined with local Qatari talent offers all our customers the best in both international and local market knowledge.

HSBC's new flagship office officially opened its doors on 11 February 2010, forming the cornerstone of a broad network that includes branches in Al Sadd, West Bay, and Salwa Road. Customers can experience a full range of cross-border banking products and services - from commercial and global banking to personal financial services and offshore banking.

Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. Our international network comprises around 7,500 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.

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HSBC Products for your business 

Take a look at just some of the ways HSBC can help your business grow in Qatar and beyond.

Business Accounts

Manage your finances wherever your business opportunities take you:

  • Account available in Qatari Riyal, US Dollars, Euro, Japanese Yen, or Pound Sterling.

  • No monthly maintenance fees.

  • Free cash and cheque transactions via HSBC business ATMs, cash and cheque deposit machines.

  • Free access to Business Internet Banking.

  • Free Phone Banking services.

Financing

Commercial finance options designed to support your day-to-day business:

  • Reduced online telegraphic transfers fees for local and international transfers through Business Internet Banking.

  • Low minimum account balance.

  • Preferential rates on Forex transactions - using USD, GBP, EUR, or JPY currencies. 

Trade and Supply Chain Services

As one of the largest trade supply and supply chain organisations in the world, we have local trade experts to support you wherever you do business:

Import Services:

Our import trade services are tailored to fit your trading cycle, giving your business access to funding when you need it.

Documentary credits:

With our documentary credits service, we take the risk so you don't have to. You'll be supported by the following:

  • Financial strength

  • Global network

  • Expert assistance

  • Vendor support

  • Special DC options

Shipping Guarantees:

  • HSBC Shipping Guarantees are accepted worldwide in the shipping industry.

  • No storage fees or demurrage charges - you can take control of your goods when they arrive.

  • Payments are deferred until your supplier's documents are presented.

Export Services:

Boost your business by offering attractive terms to your buyers, while reducing your risk:

  • You know exactly when you'll be paid for your goods.

  • DCs are the preferred choice for international transactions in many parts of the world - especially the Far East and Middle East.

  • Have the full text of DCs sent to your e-mail account.

  • Our Documentary Collections help you negotiate better terms and protection.

Export Loans:

  •  Take advantage of pre-shipment finance thanks to packing loans or manufacturing advances to help ease your cash flow while you prepare to complete your shipment orders.

  • Post-shipment finance - we may negotiate clean documents and pay the discounted value of the invoice concerned.

  • Instant@dvice gives you export transactions advice that's sent to your e-mail account.

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Payments and Cash Management

Superior transactions - anywhere in the world

Making Payments

Here's what you get:

  • International telegraphic transfers so you can send overseas payments quickly and efficiently.

  • Central Bank transfers - make urgent, same-day local currency payments within Qatar.

  • In-house transfers - make instant electronic money transfers to anyone with an HSBC account.

You'll also get:

  • Bulk Payments - accelerate your transactions securely - particularly when you need to make large-volume, low-value recurring payments.

  • Cashier's Orders - make secure, low-cost QAR payments and avoid carrying large amounts of cash or personal cheques.

  • Demand Drafts - transfer non-urgent foreign currencies securely and swiftly, plus make multiple delivery options. 

Receiving Payments

Here's what you get:

  • Online collections - make domestic electronic funds transfer (high and low value), international funds transfer, and direct debit.

  • Offline collections - including cheques and prompt invoices.

  • HSBC Qatar network collections.

You'll also get:

  • Receivables Management that fully integrates with our collection systems.

  • Help with your accounts or treasury systems via HSBCnet, our global internet banking platform.

  • Commercial Cards (Corporate & Purchase Cards) to streamline & manage your company's expenses.

  • Secure and reliable Express Cash, Banking delivery and pick-up services.

  • Wage packet services - for the payment of cash salaries to on-site workers.


Wealth Management

Our financial planning team will help develop your business wealth through the following:

  • Achieve your business' financial goals with a focus on investments, life cover and retirement planning.

  • Bespoke investment structures that include deposit-based structures linked to different asset classes.

  • Cover to protect you and your employees through group life and employee medical benefit schemes, group income protection, gratuity funding, keyman protection, Shareholder and Partnership protection.

  • Expert advice and recommendations so you can plan for your retirement or life's events - or even a helping hand to find the best home for your money.