Doha Bank CEO Dr. R. Seetharaman and other officials during the event.
JP Morgan, New York has chosen Doha Bank for “Elite Quality Recognition Award for Outstanding Achievement of Best-in-Class STP” Award.
Doha Bank CEO Dr. R. Seetharaman received the award. He commented “We are proud to receive this prestigious award from J.P. Morgan. This award acknowledges the Bank’s outstanding performance in the execution of payments in Dollars seamlessly.” The award is conferred annually to the best-in-class banks by their main USD clearer in recognition to their success in correctly formatting foreign currency payments. “Straight Through Processing” means that the payments sent to the bank for clearing by its correspondents are being processed automatically without human intervention.
Doha Bank operations are spread across Qatar. The bank also operates branches in UAE, Kuwait and India, and has representative offices across the globe.
