ABU DHABI - The total value of fund transfers among UAE's banks through the Funds Transfer System, UAEFTS, rose to AED948 billion during January 2020, according to the UAE Central Bank, CBUAE, figures ...

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 ...

In case you wish to send money from a UAE-based account in an Indian bank to an Indian account, you can do so through UPI too. There are multiple ways that one can transfer money using UPI.

Dh70b transfer to finance ministry to pump liquidity into UAE banking sector Dubai: The UAE bourses reported record gains on Tuesday following the order from His Highness Shaikh Mohammad Bin ...

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 ...

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 ...

Stablecoin issuer Circle, fresh off a $1 billion initial public offering on the New York Stock Exchange, is in early talks with money-transfer houses in the UAE to plug its USD Coin (USDC) into one of ...

Banking assets surpassed AED4.562 trillion by the end of January, showing an 11 per cent year-on-year growth and a marginal 0.1 per cent increase from December. The UAE Funds Transfer System (UAEFTS) ...