Emirates News Agency-Transfer of funds between UAE banks reached AED 3.96 trillion in the first four months of 2022

Abu Dhabi, July 26, 2022 (WAM)-Total amount of interbank transfer through the UAE Fund Transfer System (UAEFTS) reached AED 3.96 trillion in the first four months of 2022, during the corresponding period Compared to that, it increased by 26.2%. 2021 according to statistics released today by the United Arab Emirates Central Bank (CBUAE).

According to statistics, March was the busiest month with dirham-denominated remittances of 1.1 trillion dirhams, and February was the least active month with 861.8 billion dirham remittances.