Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) has enhanced international money transfer options on its mobile app and internet banking because of the significant 20 percent year-on-year rise in remittances in the first half of 2023.
ADIB, the UAE’s first bank to offer exclusive remittance discounts with promo codes, plans to make its app a complete one-stop solution for all remittance needs.
Since introducing this feature, the bank has had 2,000 more customers use the mobile app for sending remittances. They are planning to add more features, like wallet transfers, and card transfers, expanding instant transfers to over 60 countries, and offering 80+ currencies for remittances to over 200 countries.
About 95 percent of the bank’s remittances happen online, with a focus on the Americas, Europe, the Middle East, and Asia. Notably, remittances to India are processed instantly or at the latest within the same day, making it very convenient for customers.
ADIB is committed to making its mobile app more user-friendly by adding convenient features.
The Bank is a leading Islamic bank headquartered in Abu Dhabi with the purpose of being a lifelong partner for customers, colleagues, and the community. Over the last two decades, ADIB has demonstrated a consistent track record of growth, with assets now totaling $34 billion.
The bank currently serves more than 1 million customers through a balanced proposition that combines a highly personalized customer experience with world-class digital banking services, as per the statement.
Internationally, the bank has a presence in six strategic markets, including Egypt, the Kingdom of Saudi Arabia, the United Kingdom, Qatar, Sudan, and Iraq.