07 May 2010
Capital Bank signed last week an e-remittance services agreement with Doha Bank regarding remittance transactions made by expatriates in Qatar. Under this agreement, signed by Capital Bank General Manager Haytham Kamhiyah and Doha Bank Chief Executive Officer Rahfan Seetharaman, Capital Bank became the sole Jordanian bank to link Doha Bank with all other Jordanian banks within the Kingdom. This will occur by diverting remittances from Qatar to all Jordanian banks via Capital Bank, as per customer instructions. Kamhiyah stated: "Expatriates working in Qatar can now send remittances with great ease, which facilitates their transactions and saves them both time and effort." He added: "This mutual cooperation between Capital Bank and Doha Bank serves as a starting point that will enable us to extend our reach to our customers across the entire Gulf. Similar agreements with other banks in the Gulf are under preparation."


© Jordan Times 2010