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Fintech News Middle East· Fintech News UAE·· 3 hours agoAI score59

Commercial Bank of Dubai and Bank of China Complete Two-Way Digital Dirham Transfers Through Jisr

UAE Bank Completes Two-Way Digital Dirham Transfers with Bank of China

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Commercial Bank of Dubai (CBD) and Bank of China completed two-way wholesale Digital Dirham transfers through the UAE Central Bank’s (CBUAE) Jisr platform, with both parties sending and receiving Digital Dirham. CBD said the process, from initiation to final settlement, was completed on Jisr; these transfers support work on cross-border Digital Dirham payments between the UAE and China.

Source:Fintech News Middle East · fintechnews.ae