UAE Fund Transfer System processed transactions worth AED 3.89 trillion in Q1 2023

Jun 09, 2023

Statistics showed that bank transfers and customer transfers conducted in the period under review stood at AED 2.47 trillion and AED 1.21 trillion respectively.

Central Bank of Russia limits foreign cash withdrawals until Sept 9

Mar 09, 2022

Moscow [Russia], March 9 : The Central Bank of Russia (CBR) on Wednesday said it is imposing a USD 10,000 limit on foreign cash...

IDFC FIRST Bank launches real time tracking for international money transfer through SWIFT system

Nov 05, 2024

IDFC FIRST Bank on Tuesday launched the real-time tracking for international money transfers, the bank stated in an official statement.

'Every war is ultimately reflected in the banks': Israeli bank freezes UNRWA's account

Feb 06, 2024

Bank Leumi, one of Israel's largest and oldest banking institutions, alerted UNRWA to suspicious financial transfers, but the UN agency did not provide satisfactory...

Deposits and withdrawals working as usual, says WazirX after ED raids

Aug 06, 2022

Mumbai (Maharashtra) [India], August 6 : A day after the Directorate of Enforcement (ED) raided one of its directors and froze Bank balances to...

Company's operations being run as usual, says cryptocurrency exchange WazirX after ED searches

Aug 08, 2022

New Delhi [India], August 8 : After the Directorate of Enforcement (ED) raided one of its directors and froze bank balances to the tune...