UAE citizens are viewed as attractive customers, so banks have been competing aggressively to persuade them to pay off loans from rival institutions and transfer the business to them. This ignited ...

Several banks operating in the UAE are set to increase the minimum balance requirement to Dh5,000, up from the previous ...

Dubai The banks have fully migrated to the UAE Fund Transfer System (UAEFTS) that enables them to conduct all interbank local fund transfers denominated in the dirham through a single fund ...

Emirates NBD, a leading banking group in the Middle East ... reshaping the remittance and money transfer landscape in the UAE. With Visa+, Emirates NBD customers can transfer funds easily to ...

Dubai - UAE - A Bank account to increase the Nation's happiness ... Moreover, we are also offering a range of ways to make it easy for you to transfer your salary and enjoy all the benefits of this ...

The Central Bank of the UAE has decided to amend the terms governing personal loans and finance transfer from one bank or finance company to another, obligating banks and finance firms to reduce ...

The Federation has asked the Central Bank to reconsider the decision and allow banks to resume their activities of transferring and rescheduling loans as such decisions limit the choices of the ...

One of the most significant developments last year was the decision of the Central Bank of the UAE to introduce Immediate Payment Instruction, or IPI, which enables customers to make an immediate ...

The customer is required to fill out an application form, salary transfer letter, liability letter (if required), three months' bank statements (if the account is with another bank), and a copy of ...

The payment was sent by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of the Board of the Central Bank of the UAE (CBUAE ..