Al-Hamoud: Facilitating the flow and transfer of funds to beneficiaries and parties to lawsuits
Al-Kubaisi: Developing mechanisms for depositing and disbursing trusts in courts
The Supreme Judicial Council signed a strategic and exclusive partnership with Qatar National Bank Group (QNB) for a period of 5 years, aiming to develop mechanisms for depositing and disbursing amounts of lawsuits, decisions and judicial rulings, in order to ensure the speedy implementation of all financial operations related to them, using the latest available electronic banking methods.
Commenting on this partnership, the Council said in a statement that the Memorandum of Understanding signed today with the Qatar National Bank Group serves the aspirations and objectives of both parties, and will improve the process of managing lawsuit amounts, depositing them and disbursing them in record time, which supports and achieves the Council’s directions in accelerating the implementation of judicial rulings.
Judge Mohammed Khalifa Al Kubaisi, Deputy Chairman of the Execution Court, pointed out that the court is working to reorganize all execution procedures in light of the new execution law that will enter into legal force next November, and that the court is keen to support the mechanisms for executing judgments in a more qualitative, effective and rapid manner in order to guarantee the rights of litigants after the issuance of judgments and to achieve their effective implementation. It is also working on a comprehensive development plan that addresses, in one of its axes, the development of mechanisms for depositing and disbursing deposits in the courts. The signed agreement is considered one of the new ideas that it will work on, with the aim of organizing and facilitating the procedures for collection and disbursement and activating the latest technical means and specialized expertise through the services that the bank will provide.
Mr. Othman Al-Hamoud, Director of the Auctions and Evictions Department at the Execution Court, pointed out that the cooperation with Qatar National Bank came from the Council’s belief in the importance of the banking sector’s role in facilitating the flow and transfer of funds to beneficiaries and parties to lawsuits, in a smooth, safe and fast manner. Through extensive experience and technical developments in the banking field, the court seeks to facilitate and support the movement of depositing and disbursing financial claims between the parties and for which final judgments have been issued, by utilizing the capabilities and services available to the strategic partner, Qatar National Bank. This agreement will support and transfer the procedures for implementing judgments in terms of financial claims to a better level in terms of speed and quality, in addition to facilitating the method of access and securing it at the best level. This will achieve the speed of implementing judgments, in addition to facilitating the process for litigants. Under this agreement, the two parties will cooperate in the field of implementing banking transactions related to lawsuits, providing banking support, and providing banking information systems necessary to ensure the speed of deposit, transfer and disbursement.
For his part, Mr. Khalid Al-Sada, General Manager of Corporate and Institutional Banking Services at QNB Group, pointed out that through this agreement and based on the partnership resulting from it, the bank will provide functional support and banking services, in addition to providing an advanced electronic banking system that is compatible with the information systems, programs and services of the Court Secretariats Department, as well as achieving bilateral electronic integration, which contributes to supporting and enhancing litigation procedures, facilitating the implementation of financial operations for various types of lawsuits and cases, and accelerating the mechanisms for transferring and disbursing funds to those entitled to them.
It will also work to provide financial services to all litigants, even if they are not its clients, according to the agreed upon channels, in addition to providing banking services for all lawsuits, including civil, family, investment, labor, and other cases.
The terms of the memorandum include the bank making the necessary updates to the banking system, applications, programs and websites, providing technical support, developing financial procedures and protecting them from any cyber attack, and putting in place all necessary protection measures for them, while ensuring that the network components and devices meet security and safety standards.
To achieve the desired results of the memorandum, all transactions will be subject to comprehensive and detailed monitoring, and accurate reports and statements will be provided on account movements, along with text messages to the parties involved in the transaction, in order to limit any unknown amounts, provide a hotline to respond to all inquiries, and provide the necessary assistance to resolve any problems that may hinder the financial transaction.