Local banks in Qatar have been told by Qatar Central Bank to reduce their service charges, Arabic daily Al Sharq has reported. The charges that have been instructed by the QCB to be brought down to 'moderate' levels cover no less than 100 banking services and products. The minimum charge the central bank has specified for bank transfers, whether local or external, is QR10, and it should not be more than QR15, the central bank said.
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