UAE Fund Transfer System processed transactions worth AED3 trillion in Jan-Feb 2024

Abu Dhabi [UAE], April 30 (ANI/WAM): The gross value of interbank fund transfers through the UAE Fund Transfer System (UAEFTS) rose to more than AED 3 trillion during January and February 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).

Statistics showed that bank-to-bank transfers and customer-to-customer transfers conducted in the reference period stood at AED 1.883 trillion and AED 1.0