Commercial Bank of Dubai to Partner with NOW Money To Provide Financial Inclusion Across The UAE

Commercial Bank of Dubai to Partner with NOW Money To Provide Financial Inclusion Across The UAE

Commercial Bank of Dubai to Partner with NOW Money To Provide Financial Inclusion Across The UAE

Commercial Bank of Dubai (CBD), one of the leading financial institutions in the UAE, has signed a partnership agreement with NOW Money, the digital account service, to provide accounts and cards targeted specifically at low-income customers.

NOW Money will open accounts for existing CBD low-income customers (previously known as Rateb customers) with immediate effect, allowing these customers to benefit from a frictionless digital experience and avail a range of innovative low-cost financial services. These accounts will also be offered to customers currently not banking with CBD.  NOW Money and CBD believe that this solution will empower customers and provide a personal and convenient financial experience that has been lacking in the market to date.

This is pioneering for the