Payment rail · Qatar
Payment rail · QatarWhat is QPS?
QPS — the Qatar Payment System — is the Qatar Central Bank’s interbank payment and settlement system, settling riyal transfers between banks in real time on a gross basis across their accounts at the central bank. Poplin pays out to Qatar over QPS, settling within one business day at the latest.
Source: Qatar Central Bank (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to Qatar clears fastest over
QPS
settles within one business day · 0.75% + $1.00 on a business account
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over QPS — and what Poplin charges to send.
Settlement
Next day
a ceiling, not the typical time
Reaches
1
country — Qatar
Paid out in
QAR
Qatari riyal
Business fee
0.75%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How QPS payouts move.
From your US-dollar balance to an account in Qatar — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Qatari riyals at the mid-market rate — no markup added.
Cleared over QPS
Poplin clears the payout over QPS, Qatar’s interbank settlement system.
Arrives inside the window
QPS settles within one business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where QPS reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
QPS — FAQ
Basics
What is QPS?
QPS — the Qatar Payment System — is the Qatar Central Bank’s interbank payment and settlement system, settling riyal transfers between banks in real time on a gross basis across their accounts at the central bank. Poplin pays out to Qatar over QPS, settling within one business day at the latest.
Speed
How long do QPS payouts take?
Over QPS, Poplin payouts settle within one business day. Payments leave your account in seconds; QPS then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over QPS with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.75% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over QPS?
QPS is how Poplin pays out to Qatar, in QAR. Poplin also reaches Qatar over SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Qatar over QPS.
Open a US-dollar account in minutes. No monthly fees.