Instant global funds transfer using Mashreq's Supplementary ATM/Debit Card

Mashreq Qatar offers up to six free supplementary debit cards on the same bank account

Doha, 6 September 2014: Mashreq Qatar, the leading financial institution in the Middle East & North Africa, has launched a Supplementary ATM/Debit Card in partnership with VISA. Individual customers can now open an account and get up to six free Supplementary ATM/Debit Cards issued for their immediate family members. Cardholders can use the cards to withdraw cash from their accounts using any ATM in Qatar, or withdraw cash with zero withdrawal fee from any of the 1 million ATMs across the world displaying the Visa logo.

The facility of more than 1 ATM/Debit card has several benefits for customers. Once the account is opened, the additional cards can be given to family members to use on a day to day basis in Qatar. Another key benefit is INSTANT access to funds across the world. The customer can provide the card to their family member in their home country - as soon as they deposit money into the account in Qatar, the family member can immediately use the supplementary card to withdraw money from the same account from any ATM displaying the VISA logo - and Mashreq will not charge any international cash withdrawal fee.

Since customer security is always a key priority for Mashreq, customers have the option to assign daily & monthly withdrawal limits on their supplementary cards. Mashreq Gold customers will get additional benefits including free access to Al Maha services at Doha International airport & Marhaba services at Dubai international airport, twice a year.

Niranjan Mendonca, Head of Retail Banking, Mashreq Qatar said: "We want to provide the highest levels of convenience for our customers. Some customers may give this card to their children to use for day to day expenses in Qatar. Other customers can give the card to their parents in their home country so they can be provided with funds immediately for no fee, without having to wait in line for a money transfer which will take 3 days to reach and pay remittance charges."

Customers can apply for the supplementary ATM/Debit card without any documents - all they have to do is call the 24x7 call centre at +974 44083333 or walk into any Mashreq branch.

About Mashreq:
Mashreq is the leading provider of financial services in the Middle East & North Africa and has offices New York, London, Hong Kong and across the world. Founded in 1967, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts, it was the first bank in the region to launch such products as travelers' cheques, credit cards and ATMs. Mashreq has received numerous international awards reflecting the bank's successful record, such as Gallup Great Workplace Award 2014, Best Regional Retail Bank by Banker Middle East Industry Awards 2014, Best Credit Card, Best Debit Card by Smart Card Awards Middle East 2013, and Best Internet Bank consecutively from 2008 to 2014 by Global Finance Magazine, New York.

Mashreq Qatar constantly strives to provide our customers with the most rewarding banking relationships. Mashreq's combination of personalized service and award winning electronic banking enables our customers to enjoy world class banking services from the comfort of their home/office. Mashreq remains the only bank in Qatar to offer its customers unique benefits like Qatar's largest card discount program, the Majestic bundle offering free gifts worth thousands of rials, the Salaam Loyalty Program that lets customers earn points not just on card spend but across their banking relationship, the Platinum Elite credit card offering a wide range of free services including access to the VIP Oryx Lounge at Hamad International Airport, AAA roadside assistance, discount vouchers worth QAR 5,000 and much more.

Mashreq Qatar aims to be world class in every facet of its business; including its social responsibility to the community it serves in. Mashreq Qatar has established a state of the art facility, Mashreq Learning Systems Centre of Excellence, which provides employees with top class training to help improve the skill-set of bankers in Qatar. Mashreq also has a particular focus on recruiting, training, developing and retaining Qatari employees.

For further information, please contact:
Huda Ismail
Mashreq
PR & Events Manager
+9714 608 3629
E-mail: hudai@mashreqbank.com

Ghinwa El Deek
Hill & Knowlton Qatar
Tel: +974 4441 4781
E-mail: Ghinwa.eldeek@hillandknowlton.com