Money Transfer Online Banks in the UAE process all transfers / remittances through the UAEFTS (UAE Funds Transfer System) that is managed by the Central Bank of the UAE. If you wish to use your bank for making funds transfers you will generally be required to have an account with the bank; this is because banks would already have all your KYC (Know Your Customer norms) details. This is important from the point of view of preventing money laundering.
7 Benefits of Banking in UAE Banking has become an integral part of our lives. The banking sector exalts the world’s economy by acting as an intermediary in the financial system. Apart from the rudimentary benefits that banking has to offer, it offers several other benefits too, to the people in UAE.
7 Benefits of Travel Insurance that Would Save Your Life
Benefits of Travel Insurance that Save Your Life Travel Insurance gives you a 24 hour cover for ambulances, funeral arrangements, medical evacuations, and a lot more while you are overseas and helpless.
Tips to Exchange Rates For Visa Debit Card A debit card is turning out to be an increasingly competitive choice for the UAE people, especially for foreign currency transactions or transactions abroad.
What are The Benefits Of a Checking Account?
Benefits of Checking Account in UAE Checking accounts or current accounts, as they may be known, are accounts through which you can deposit, withdraw and transfer funds. Checking accounts are used for both personal and business reasons and are available across all banks in the UAE.
What are the Best Investment Opportunities in the UAE?