Capital Bank, a leading bank in Jordan, has signed an e-remittance services agreement with Doha Bank for facilitating remittance transactions made by expatriates in Qatar.

Under the agreement, Capital Bank becomes the sole Jordanian bank to link Doha Bank with all other Jordanian banks within the Kingdom.

All the remittances from Qatar to all Jordanian banks will be diverted via Capital Bank, as per customer instructions, said a statement from Capital Bank.

Haytham Kamhiyah, Capital Bank general manager and R. Seetharaman, CEO of Doha Bank signed the  e-remittance services agreement.

“This agreement reflects our dedication to placing our customers at the top of our priorities. Expatriates working in Qatar can now send remittances with great ease, which facilitates their transactions and saves them both time and effort,” remarked Kamhiyah.

"This mutual co-operation 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, " he added.

According to Kamhiyah, the Capital Bank was planning similar agreements with other banks in the Gulf. "This confirms our ongoing efforts towards maintaining our position as the first banking choice in the local market," he added.

Commenting on the agreement, Seetharaman said it will pave the way for Doha Bank to offer services in the Jordanian banking market.

He also lauded the exceptional banking and investment services being offered by Capital Bank and its advanced position within the Jordanian banking market.-TradeArabia News Service