CBUAE-Swift deal to boost cross-border payments
- Date: 06-May-2021
- Source: Emirates Business
- Sector:Financial Services
- Country:UAE
CBUAE-Swift deal to boost cross-border payments
Abu Dhabi / WAM The central bank of the UAE (CBUAE) has announced that it has been working with SWIFT on an initiative to further enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to implement such an initiative. The integration between the CBUAE’s domestic UAE Funds ...Abu Dhabi / WAM The central bank of the UAE (CBUAE) has announced that it has been working with SWIFT on an initiative to further enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to implement such an initiative. The integration between the CBUAE’s domestic UAE Funds ...