The National Bank of Fujairah (NBF) has announced that it will be taking part in Aani, the state-of-the-art instant payments platform that the Central Bank of the UAE (CBUAE) subsidiary Al Etihad Payments unveiled this week.
Through the use of Aani, NBF will be able to provide its retail, business, and government clients with an improved digital payment experience. Account-to-account transactions within the United Arab Emirates will be handled safely, quickly, and round-the-clock.
Customers will be able to send and request money, split bills, and send money instantaneously using only the recipient’s phone number thanks to Aani’s revolutionary features. They will also be able to use QR codes to make cashless payments. In the near future, more services like e-cheques and real-time direct debits will be released.
Aani is in line with and touches on two of NBF’s long-standing strategic goals, according to Vince Cook, CEO of NBF: to continuously improve and streamline banking for all of our clients and to digitize our operations wherever doing so increases efficiency, security, and convenience. We urge all of our clients to begin utilizing Aani as soon as possible and fully support the Central Bank of the United Arab Emirates in launching it.
Aani is a major project leading the UAE’s digital payment revolution under CBUAE’s Financial Infrastructure Transformation (FIT) program. Several of the top financial institutions in the UAE have been involved in Aani since its inception, including NBF.
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