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.

MoneyGram partners with Federal Bank to expand account deposit capabilities for millions

May 14, 2020

Mumbai (Maharashtra) [India], May 14 : MoneyGram Payment Systems, a global leader in cross-border peer-to-peer payments and money transfers, said on Thursday it has...

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.

Nirmala Sitharaman says over USD 459 bn transferred through DBT in last 8 years

Oct 23, 2024

Finance Minister Nirmala Sitharaman highlighted that more than USD 450 billion has been transferred through Direct Benefit Transfers (DBT) to the people in last...

Andhra farmers' union demands free power scheme, not direct benefit transfers

Sep 25, 2020

Krishna (Andhra Pradesh) [India], September 25 : Members of the Andhra Pradesh Farmers Union on Friday staged a protest against the Direct Benefit Transfer...

'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...