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Remittance

botim money collaborates with Mastercard to expand and accelerate embedded cross-border payments

botim money, botim’s financial services arm serving millions of users in the UAE and beyond, announced a strategic collaboration with Mastercard to expand its global...

UAE banking sector’s net international reserves hit AED 1.27 trillion

The latest data showed that the central bank accounted for AED 771.6 billion of the sector’s net international reserves at the end of July

Al Ansari to acquire Bahrain’s BFC Group Holdings for $200 million

The strategic acquisition will allow Al Ansari to expand its geographic presence and become the largest remittance and exchange in the GCC region

Emirates Islamic launches QuickRemit money transfer to UK

The bank’s customers can conduct QuickRemit transfers to any Lloyds Bank account in the UK in less than 60 seconds

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