QNB

QNB Launch Secure E-Disbursement System for Legal Claims with Supreme Judiciary Council

Posted on : Mon, 23 Sept 2024

The Supreme Judiciary Council signed an exclusive, strategic five-year partnership with QNB, the largest financial institution in the Middle East and Africa, to develop mechanisms for banking services such as the deposit and disbursement of legal claim amounts, judicial decisions, and rulings. 
This partnership aims to ensure the swift execution of all related banking transactions using the latest electronic banking systems.
The Council noted that the Memorandum of Understanding signed today with QNB Group aligns with the goals of both parties, significantly improving the management, deposit, and disbursement of claim funds with greater efficiency.
It also highlighted the essential role of the banking sector in ensuring the smooth, secure, and expediting transfer of funds to beneficiaries and parties of litigation. The partnership will focus on streamlining banking transactions related to legal claims.
Mr. Khalid Ahmed Al Sada, Senior Executive Vice President - QNB Group Corporate and Institutional Banking, said: "We are pleased to cooperate with the Supreme Judicial Council to enhance the digital payments system in Qatari courts with tailor-made banking products and solutions for litigants, facilitating the litigation procedures and supporting expedited justice. 
This is another step forward to renew QNB ‘s commitment to providing the latest technologies to enhance the level of our services and improve the banking experience, in line with our comprehensive digital transformation strategy and to contribute to digitization and automation of financial transactions in line with the goals of the Qatar National Vision and Digital Agenda 2030.”
Under this memorandum, QNB will be the exclusive partner to meet all the banking needs of litigants through its various advanced digital channels and the latest banking products and technologies, in coordination with IT systems of courts’ treasury services, as well as achieving digital integration. This would support litigation procedures and financial operations for various types of lawsuits and cases, and accelerating mechanisms for transferring and disbursing funds to those entitled to them.
QNB will also provide its financial services to all litigants, both customers and non-clients, including all types of civil, family, investment, labor, and other lawsuits and disputes.
These services are expected to be launched soon and including features such as electronic payments, check issuance, and immediate deposit into accounts. The new system aims to streamline legal procedures and improve the efficiency of financial operations for various legal cases.