The currency in Qatar is the Qatari Riyal (QR). In 2012, 3.64 QR = $1 USD.
It is easy to find ATMs in Doha and almost all banks in Doha have ATM locator and search services on their websites. You can also find ATMs at the Doha Airport, where you can withdraw money in Qatari Riyals, US Dollars, UAE Dirhams and Euros. You can also find drive-through ATM's in Doha.
At most ATMs you can withdraw and deposit cash, pay utility and credit card bills, cash cheques, top-up mobile cards, and transfer funds. ATM's can be operated in Arabic or English and most accept international cards. As in other countries, expect to pay a fee if you use an ATM for a bank other than your own.
Cash withdrawals at ATM's using credit cards may be subject to daily withdrawal limits.
You can find bureau de changes and money transfer facilities at Doha's airport, many of which are open 24 hours a day. These typically offer low exchange rates.
Many hotels in Doha also exchange foreign currency, for higher exchange rates.
City-center bureau d'echanges typically offer the best exchange rates in Doha.
Most banks in Qatar offer electronic transfer services at nominal charges to their customers. You can also affect currency transfers at a variety of specialist money transfer businesses, such as Western Union.
There are three main types of bank accounts in Qatar:
To open a bank account in Doha you need to provide:
Once your application is approved, the bank will contact your employer to let them know and set up direct deposit salary payments.
Major local and international banks in Doha include:
Qatar National Bank
Phone: +974 4440 7777
Opening hours: All branches – Sunday to Thursday, 7:30 am to 1:00 pm. City Center Mall branch – Saturday to Thursday, 10:15 am to 10:15 pm and Friday 4:15 pm to 10:15 pm. Marriott/Sheraton/Ritz Carlton branches – Sunday to Wednesday, 8:30 am to 12:30 pm and 5:30 pm to 8:30 pm. Thursdays 8:30 am to 1:30 pm.
Al Ahli Bank of Qatar
Suhim Bin Hamad Street
Phone: +974 4423 2507
Opening hours: 7:30 am to 1:00 pm, Sunday to Thursday
Mashreq Bank of Qatar
Old Al-Maghreb Area, Jabor Bin Mohammed Street
Phone: +974 4441 3213
Doha Bank Limited
Phone: +974 4471 5634
Phone: +974 4442 4722
Banque Paribas Qatar
Al Fardan Office Tower
Phone: +974 4453 7537
Central Bank Qatar
Al Corniche Area
Phone: +974 4445 6456
Qatar Islamic Bank
Phone: +974 4444 8444
Phone: +974 4438 7878
Standard Chartered Bank Qatar
Doha Main Branch Abdulla bin Jassim Street
Phone: +974 4441 4252