Qatar International Islamic Bank (QIIB) has launched a new cash deposit cards for corporate customers.

The new offering will enable corporate firms to deposit cash in select ATMs round the clock across the country, the bank said.

The new card will be linked to the company’s account with QIIB, enabling them to deposit cash in the ATM without visiting branch.

The card is made exclusively for depositing cash. It cannot be used to carry out any other banking services like balance inquiry,  cash withdrawal, or transfer money.

Commenting on the launch, QIIB deputy CEO Jamal Abdullah said: “We have efficiently invested in alternative channels that now provide various options to our corporate and individual customers.

“The Corporate Cash Deposit Card is a qualitative addition to our corporate alternative channels that are constantly being enhanced.

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“We hope that our customers use the card and the other services that we provide through alternative channels, especially in today’s circumstances that require concerted efforts from the bank and its customers.”

The bank added that customers can gain access to a new cash deposit card by filling a prescribed form available on its website and submitting it at its corporate branch in Qatar.

In February, QIIB launched an enhanced version of its online banking platform with banking services tailored to the needs of its corporate customers.