Posted on April 29, 2019

Commercial Bank again leads the way, winning the Asian Banker Financial Technology Innovation Award 2019, for Remittance Product and Service of the Year. The 60 Seconds Online Remittance service from Commercial Bank fended off competition from other banks, financial institutions and financial technology start-ups across Asia, Africa and the Middle East to win this prestigious award.

This award reflects Commercial Bank’s state-of-the-art products and services. With this service, customers can send money almost instantly, to banks in several countries, including India, Pakistan, Sri Lanka, Nepal, the Philippines and also the UK and Europe, with more countries being added.

Commercial Bank Group CEO Joseph Abraham said: “Receiving this prestigious award reflects the strength of our remittance proposition and demonstrates that in Qatar we can develop truly world-beating client solutions and products using innovative technology. “The Bank continues to invest in innovative technology to provide the best customer experience”, Amit Sah, EGM, Consumer Banking commented, “At Commercial Bank, we deploy technology to create client focused products and services. We are conscious our customers want fair prices, great exchange rates, fast execution and exceptional service, this product repeatedly achieves all of these factors and helps them avoid the pain points historically attached to remitting money overseas”

Being one of the region's leading consultancies in financial services, research, benchmarking and intelligence, The Asian Banker runs the most prestigious awards program in this industry. Its program is characterized by a high level of accuracy and transparency. Judged by an international board of advisors, applicants are subject to the strongest assessment process, which reflects the Bank’s strength and the trust of its customers in its knowledge, innovation, and banking solutions. Adding a new achievement to Commercial Bank’s success stories, this award is recognition of their remarkable feats and outstanding performance, as the Bank continues to pioneer leading edge, technology enabled customer solutions. 

Please refer to for more information or try the service using Commercial Bank’s Internet Banking or Mobile Banking App.