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      QIIB wins Citibank's 2026 Straight Through Processing Award for international payments

      QIIB has once again received Citibank New York's '2026 Straight Through Processing (STP) Excellence Award' for international payments.

      The recognition highlights QIIB's strong operational capabilities and the efficiency of its international payment processing, enabling transactions to be executed swiftly and reliably without manual intervention.

      This achievement highlights the effectiveness of QIIB's strategy to further automate its operations, strengthen its payments infrastructure and continually enhance customer experience, delivering greater efficiency and convenience in line with the highest international standards.

      The award further demonstrates QIIB's high levels of accuracy and speed in processing incoming and outgoing transfers, as well as its record straight-through processing (STP) rates. This level of performance is supported by robust systems designed to efficiently manage the growing volume of international financial transactions. 


      Source: Gulf Times
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