Restaurant Bank Account Qatar

Opening a corporate bank account for your restaurant in Qatar is essential before you can process payroll through WPS, accept card payments, or receive delivery app settlements. This guide covers the specific document requirements for F&B businesses, bank comparison factors, and how to set up payment infrastructure for your restaurant from day one.

Why Restaurants Have Specific Banking Needs

Unlike most businesses, restaurants need integrated banking services from the start:

• POS terminals — card and contactless payment acceptance at every checkout point
• Delivery app settlements — weekly/biweekly deposits from Talabat, Snoonu, and Carriage
• WPS payroll — mandatory salary payments through the banking system for all staff
• Supplier payments — regular payments to food suppliers, equipment vendors, and service providers
• Cash management — cash deposit facilities for daily restaurant cash takings

Required Documents

• Commercial Registration (CR)
• Trade License from Municipality
• MOPH health permit
• Lease agreement for your restaurant premises
• Articles of Association
• Passport copies of all shareholders and signatories
• Board resolution for account opening

Bank Account Opening Timeline

1. Week 1: Submit application and documents to your chosen bank
2. Week 1-3: KYC (Know Your Customer) review and compliance checks
3. Week 3-4: Account activation, cheque book issuance, and online banking setup
4. Week 4: POS terminal installation and merchant account activation

Merchant Account and POS Setup

Apply for your merchant account simultaneously with your corporate account. Key considerations for restaurants:

• Request enough terminals for all checkout points (counter, table-side, takeaway window)
• Negotiate transaction fees based on your projected monthly card volume
• Ensure the terminals support contactless payments (Apple Pay, Google Pay)
• Set up daily settlement for faster cash flow access

FAQ