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 ...

Key Takeaways Careem Pay enables seamless bill payments, purchases with the Careem App mobile accounts.Google Pay supports ...

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 ...

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 ...

With cashless transactions forming a major part of the UAE economy, some students have developed a solution that enables ...

Transferring Money to Another Bank Account It’s relatively easy to transfer money between accounts at different banks. Check with your bank for any restrictions or limits before you transfer funds.

UAE’s Astra Tech teams up with US fintech firm MoneyGram to deliver money transfer services to 200 countries and territories ... sending of international money transfers by making it as easy as text ...

ABU DHABI - The Ministry of Finance (MoF) and the Central Bank of the UAE (CBUAE) today signed a memorandum of understanding (MoU) to transfer the Ministry’s eDirham payment platform to the Central ...

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 ..