UAE bank transfers reach $9.38T in four months
The value of financial transfers in the UAE banking sector reached 9.38 trillion dirhams during the first four months of 2026, representing a 23.43% increase compared to the same period in 2025. Transfers were divided between 5.703 trillion dirhams between banks and 3.68 trillion dirhams between customers. In April, the total amount stood at 2.72 trillion dirhams, up 13% from March, while the clearing of checks continued to decline by 3.21% to 456.54 billion dirhams. Additionally, the number of settled checks decreased to 7.411 million.
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