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Commercial Bank of Dubai

China–UAE News
Source: MEA Finance

CBD Completes Digital Dirham Transfers With Bank of China via Jisr

Commercial Bank of Dubai has completed wholesale Digital Dirham transfers with Bank of China through the Central Bank of the UAE's Jisr platform. The bilateral transaction demonstrated end-to-end processing and settlement of the digital currency between the two countries. The initiative forms part of the CBUAE's Financial Infrastructure Transformation Programme to advance cross-border central bank digital currency capabilities.

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